Dollar Pound forecast page 54 - USD GBP

US Labour Market Data to Provoke GBP/USD Conversion Rate Volatility this Week Two major data releases from opposite ends of the world are forecast by analysts to trigger pronounced movement in the global currency markets during this week’s session. Our leading currency market analyst takes a look at the likely fallout for some of the...

GBP-EUR Hits Multi-Month Best Conversion Rate after Services PMI With the week’s UK Services and Manufacturing PMIs exceeding forecasts, the Pound (GBP) enjoyed a bullish run until Thursday, romping to a multi-month high against the Euro (EUR) and holding its own against the US Dollar (USD). BoE Growth & Inflation Adjustments Send...

US Dollar (USD) Strengthens against Pound and Others following Yellen Comments The US Dollar (currency : USD) enjoyed a bout of strong support yesterday afternoon following comments from Federal Reserve Chair Janet Yellen. The Fed Chief sent the markets into a spin by suggesting in front of US policymakers that there remains a ‘live...

GBP/EUR Conversion rate Predicted to Hold Above 1.41 after Positive UK Services Growth The Pound Sterling (currency : GBP) has put in a show-stealing session in the global currency markets, outperforming all of the other sixteen most actively traded global currencies on the day. The shift into Sterling assets from institutional...

US ISM Manufacturing Data to Drive Currency Market Today The Pound Sterling (currency : GBP) experienced considerable price action against the other major global currencies during last week’s session and a packed data schedule this week is forecast to provoke further movement. Our leading analyst takes a look at the projected...

Pound Sterling to Euro Exchange Rate Approaches 1.40 Today The Pound Sterling (currency : GBP) has enjoyed a good run in the global currency markets since the bout of heavy selling pressure which it endured earlier in the month. The trigger for the shift out of Sterling-denominated assets proved to be September’s Consumer Price Index...

QE Speculation Continues to Weigh on Euro (EUR) Exchange Rate The weekend market shutdown is approaching, but the tier one data releases keep on coming. Analysts forecast further movement for the leading global currencies today, with a raft of keynote data releases. Our leading currency analysts takes a look at the likely movers and...

BoE Rate Hike Bets Supports Pound Sterling (GBP) Conversion Rates Today The POUND STERLING (currency : GBP) continues to enjoy reasonable levels of support in the markets thanks to investors’ belief that the Bank of England will be one of the first global central banks to increase its interest rate. A below par set of UK Mortgage...

Federal Reserve Interest Rate Decision to Dominate Trader Focus Today, US Dollar Volatility Predicted There is only one show in town today as far as currency market participants are concerned. The US Federal Reserve makes its latest monetary policy announcement at 1800hrs GMT and the fallout is forecast to trigger major price action...

Pound Sterling Exchange Rate Held Firm Yesterday despite Weaker-than-Expected GDP The Pound Sterling (currency : GBP) held its own during yesterday’s session in spite of a distinctly below-par set of UK Gross Domestic Product figures, published during yesterday morning’s European equities session. However, the official numbers,...