Dollar Pound forecast page 55 - USD GBP

Deflation Concerns Hampered Pound Sterling (GBP) Exchange Rate Gains Last Week The POUND STERLING (currency : GBP) recorded strong gains at the expense of several of the leading global tenders during the second half of last week. However, the Pound’s sharp move lower of two weeks ago, which was triggered by the news that the domestic...

Pound Sterling (GBP) Exchange Rate Forecast to Fluctuate This Week This week’s session in the global currency markets is forecast to bring considerable market movement for the Pound Sterling (currency : GBP) against the other majors. Federal Reserve Rate Hike to Dominate Focus, Will US Dollar Gain? Investors will have to wait...

Prospect of ECB Easing Supports Commodity Dollar's including CAD, AUD, NZD The Pound Sterling Canadian Dollar exchange rate GBP CAD looked likely to plunge back below the two to one threshold in early trading today, but developments on the global and domestic front have triggered a pronounced turnaround. The Loonie enjoyed a surge of...

FX NEWSFLASH: Australian Dollar (AUD) Exchange Rate Declined on Selling Pressure Yesterday’s session in the global currency markets proved to be a tumultuous one for the Australian Dollar (currency : AUD). The Aussie suffered sustained selling pressure during early trading and the source of the selling pressure came from an unusual...

Investors already knew that the Reserve Bank of Australia (RBA) had opted to maintain its headline interest rate at 2.00% at its October monetary policy meeting, however this didn’t stop the minutes of the get-together, published during the early hours of yesterday morning, from triggering significant price action for the Australian Dollar...

Canadian Political Shift to Provoke Canadian Dollar Uptrend versus the British Pound The Pound Sterling (currency : GBP) has seen significant price action against the Canadian Dollar (currency : CAD) during early trading this week thanks to a significant political shift in Canada. Yesterday morning’s news that the Liberal Party had...

US Interest Rate Hike Speculation Drives US Dollar Exchange Rate Volatility The primary factor affecting the relative value of almost all of the world’s sixteen most actively traded global currencies at the moment is the forecast timing of the next US interest rate hike. The high-yielding export driven Commodity Dollars (currency : AUD),...

Predictable BoE Meeting Minutes Impact Pound Sterling (GBP) Exchange Rate Trading This afternoon’s Bank of England monetary policy decision was very much a case of ‘as you were’, with only one of the nine member committee voting in favour of an interest rate hike. Once again the sole dissenter was Ian McCafferty, although the minutes...

UK GDP Undermines Demand for Pound Sterling (GBP) Exchange Rate The National Institute of Economic and Social Research (NIESR), a widely-respected British think tank, published its monthly Gross Domestic Product Estimate for the UK economy yesterday afternoon and it made relatively grim reading for investors holding the Pound Sterling...

GBP Exchange Rate Gains on UK Manufacturing Production Increase: Pound Sterling Higher The Pound Sterling (currency : GBP) recorded strong gains against the other sixteen most actively traded global currencies during this morning’s session thanks to data which revealed a pronounced improvement in activity levels in the UK’s...