Dollar Pound forecast page 51 - USD GBP

Positive Australian Labour Market Data Limited AUD/GBP Losses Today Significantly better than expected Australian jobs data, published during the overnight Asian session, has helped limit the losses for the Australian Dollar (currency : AUD) against the Pound Sterling (currency : GBP) today. The risk-driven Aussie was already under...

Pound Sterling to US Dollar Conversion Rate Hits Over 5-Year Low The Pound Sterling (currency : GBP) endured another dismal session yesterday. The move against the UK unit sent the Pound US Dollar exchange rate down to 1.4408 - its lowest level for five and a half years, while the Sterling euro exchange rate also plumbed the bottom of its...

British Pound Strengthens against Nearly All of its Major Peers Today Despite the fact that British economic data showed that manufacturing output in December failed to meet with expectations, the Pound advanced versus many of its currency rivals. December’s UK Manufacturing PMI was forecast to advance from 52.5 to 52.8, but the actual...

Market Volatility Expected Before Year-End It might be Christmas week across the Western world, but trading will continue in the global markets throughout the festive period and it remains highly possible that major market move could take place between now and the end of the year. Investors eyeing the market would do well to remember...

Sentiment Towards China Stabilises, GBP/NZD Predicted to Decline The New Zealand Dollar (currency : NZD) has pushed ahead against the Pound Sterling (currency : GBP) during early trading today following an encouraging result from last night’s NBNZ Business Confidence survey for December. November’s version of the closely-monitored...

Pound Sterling Exchange Rate Fluctuates on UK Retail Sales Data The UK Office of National Statistics (ONS) published the latest UK Retail Sales data earlier today and the numbers made positive reading for investors holding Sterling. The November data revealed a healthy year-on-year increase of 3.9% in the level of domestic shop sales –...

Federal Reserve Raised Overnight Cash Rate by 25 Basis Points As expected, yesterday evening saw the US Federal Reserve raised its headline interest rate for the first time in nine years. The 25 basis point hike had been largely factored-in by investors, but the tone of the rhetoric used by the US central bank in its accompanying statement...

Unexpected Drop in UK Unemployment Failed to Support the Pound Sterling Today Positive UK economic data, published earlier today, has so far failed to support the Pound Sterling (currency : GBP) against the other sixteen most actively traded global currencies. The Office of National Statistics (ONS) figures showed that the rate of...

FOMC Interest Rate Decision to Provoke Market Volatility Today For those interested in the euro exchange rate conversions, today's FED interest rate decision is key to watch. The final US Federal Reserve monetary policy meeting of 2015 got underway yesterday afternoon and America’s central bank will make a policy announcement at...

'Risk-off' Trading Environment Provoked Global Stocks Volatility Today Today’s session in the global FX markets has brought major movement for the leading global currencies. Global share markets have plunged, with London’s benchmark FTSE 100 index shedding over 1.50% of its value on the session so far, while many of the...