Dollar Pound forecast page 3 - USD GBP

GBP/USD Exchange Rate Range-Bound as Economic Concerns Deepen The Pound to US Dollar (GBP/USD) exchange rate traded in a narrow range on Friday as investors remain wary of the UK economic outlook At time of writing the GBP/USD exchange was trading around $1.1544, barely changed from Friday’s opening levels. Pound (GBP) Trading...

Pound (GBP) Buoyed by Upwardly Revised PMI The Pound (GBP) is strengthening against the Australian Dollar (AUD), despite initially softening against some of its other peers. As today’s trade began, renewed worries about the UK economy put some pressure on the Pound. Sainsbury’s supermarket revealed its latest results, which...

GBP/USD Rises amid Three-Month-High for Construction Sector The Pound to US Dollar (GBP/USD) exchange rate has risen since the opening of today’s European session. At the time of writing, the GBP/USD exchange rate is trading at $1.3258 with a market movement of 0.2%. Pound (GBP) Strengthened by Better-Than-Expected Data The...

Pound Canadian Dollar (GBP/CAD) Exchange Rate Lacks Direction on Mixed UK PMIs The Pound Canadian Dollar exchange rate is subdued so far this week as UK manufacturing and services PMIs bettered forecasts, but indicated record-high input costs, and oil prices soften again after a brief bounce yesterday. After edging higher yesterday...

GBP/CAD Lacks Direction as UK and Canadian Retail Sales Provide Optimism The Pound Canadian Dollar exchange rate is trading in a narrow range on Friday after making gains through the latter part of the week. Improved UK retail sales failed to bolster GB exchange rates, while Canadian retail figures supported the Canadian...

Pound Australian Dollar (GBP/AUD) Buoyed as UK Inflation Soars The Pound Australian Dollar (GBP/AUD) exchange rate is strengthening on Wednesday after making solid gains on Tuesday. Soaring UK inflation has led some investors to price in expectations for a rate hike from the Bank of England (BoE) at its December policy...

GBP/NZD Firms on UK Sales and Risk-Off Mood The Pound New Zealand Dollar (GBP/NZD) exchange rate has edged higher today thanks to some promising data from the British Retail Consortium (BRC). Meanwhile, the ‘Kiwi’ finds itself under pressure amid a risk-off market mood. Pound (GBP) Gains on UK Retail Sales The Pound...

Pound Australian Dollar (GBP/AUD) Firms after Last Week’s Low The Pound Australian Dollar (GBP/AUD) exchange rate is edging higher today amid a risk-on market mood. GBP/AUD is up just under 0.2% at the time of writing to trade at about AU$1.8267. Upbeat Chinese data and rallying equity markets following the news of Pfizer’s...

GBP/CAD Wavers on Brexit, BoE and CAD Strength The Pound Canadian Dollar (GBP/CAD) has wavered today as Brexit concerns are offset by rate hike expectations ahead of the Bank of England’s (BoE) meeting on Thursday. In addition, the Canadian Dollar (CAD) is supported by an ongoing recovery in crude prices and a better-than-expected...

GBP/AUD Steady on Autumn Budget Analysis and Mixed Market Mood The Pound Australian Dollar (GBP/AUD) exchange rate is flat today, as markets mull over yesterday’s UK autumn budget and its implications for the UK economy. In addition, risk sentiment remains mixed, which is also keeping the GBP/AUD pair in a narrow range....