Dollar Pound forecast page 21 - USD GBP

GBP/USD Exchange Rate Falls as UK Economic Outlook Dampened by Brexit The Pound US Dollar (GBP/USD) exchange rate fell by -0.4% today, with the pairing currently trading around $1.294 as markets continue to react negatively to Prime Minister Boris Johnson’s new Withdrawal Agreement Bill, which limits the ‘transition period’ for the...

GBP/CAD Exchange Rate Rises on US-China Trade Uncertainty The Pound Canadian Dollar (GBP/CAD) exchange rate rose by 0.3% today, with the pairing currently trading around CA$1.713 after Canada’s Retail Sales figure for October fell to a worse-than-expected -1.2%. Statistics Canada said in its statement: ‘The decline was primarily...

GBP/USD Exchange Rate Falls, No-Deal Brexit Fears Return The Pound US Dollar (GBP/USD) exchange rate fell by -0.8% today, with the pairing currently trading around $1.316 following news that Prime Minister Boris Johnson would attempt to put into law a prohibition to any extension to the Brexit transition period beyond December 2020....

GBP/AUD Exchange Rate Eases as Markets Await Conservative’s Next Moves The Pound Australian Dollar (GBP/AUD) exchange rate eased by -0.4% today following last night’s surge after it was announced that the Conservatives had successfully secured a landslide majority in the general election. Guy Foster, Head of Research at Brewin...

GBP/CAD Exchange Rate, Canadian Dollar Investors Brace for US Fed Rate Decision The Pound Canadian Dollar (GBP/CAD) exchange rate held steady today, with the pairing currently trading around CA$1.740 after this afternoon’s release of Canada’s Industrial Capacity figure for the third-quarter fell below expectations at 81.7%. The result...

GBP/NZD Exchange Rate Edges Highers as US’ December Tariffs Haunt NZ Markets The Pound New Zealand Dollar (GBP/NZD) exchange rate rose by 0.3% today, with the pairing currently trading around NZ$2.013 as US-China trade uncertainties continue to drag on the risk-sensitive ‘Kiwi’. This follows reports of key negotiators planning a...

GBP/AUD Exchange Rate Improves as Polls Indicate Tory Majority The Pound Australian Dollar (GBP/AUD) exchange rate rose today, with the pairing currently trading around AU$1.924 following the Survation’s opinion polls’ suggestion of a Conservative victory on the 12th December general election. The poll showed that the Tories were...

GBP/AUD Exchange Rate Eases, RBA Holds Interest Rates The Pound Australian Dollar (GBP/AUD) exchange rate eased this morning, with the pairing currently trading around AU$1.893 after the Reserve Bank of Australia (RBA) held its interest rate decision at 0.75%. RBA Governor Philip Lowe, however, was downbeat in his outlook, commenting that...

GBP/CAD Exchange Rate Rangebound, Canadian Manufacturing PMI Improves The Pound Canadian Dollar (GBP/CAD) exchange rate held steady today, with the pairing currently trading around CA$1.718 after Canada’s Markit manufacturing PMI for November expanded at its fastest pace in nine months. Tim Moore, Economists Associate Director at IHS...

GBP/NZD Exchange Rate Falls, US-China Trade Deal Optimism Boosts ‘Kiwi’ The Pound New Zealand Dollar (GBP/NZD) exchange rate dipped by -0.3% today, with the pairing currently trading around NZ$2.005. The ‘Kiwi’ continues to benefit from rising hopes over a ‘Phase One’ US-China trade deal by the end of the year, despite rising...