Dollar Pound forecast page 7 - USD GBP

GBP/AUD Exchange Rate Dips as RBA Says it Will Taper QE Programme The Pound Australian Dollar exchange rate fell by -0.5% today following the latest updated by the Reserve Bank of Australia (RBA). While the RBA held interest rates at a record low of 0.1% it revealed that it would taper its quantitative easing programme from September as the...

GBP/CAD Exchange Rate Rangebound, UK PM is Expected to Affirm Easing of Lockdown Restrictions This Month The Pound Canadian Dollar (GBP/CAD) exchange rate held steady ahead of Prime Minister Boris Johnson’s announcement later today. But could the PM’s conformation of lifting lockdown restrictions on July 19 boost Sterling? The pairing is...

GBP/CAD Exchange Rate Falls as Demand for Oil Picks Up The Pound Canadian Dollar exchange rate fell by -0.2% as the commodity-linked ‘Loonie’ benefited from rising WTI crude prices, which rose to $74 per barrel. The pairing is currently fluctuating around CA$1.71. Oil prices have risen on lower US inventories and expectations of...

GBP/AUD Exchange Rate Edges Higher on Strong UK Consumer Borrowing and Rising House Prices The Pound Australian Dollar (GBP/AUD) exchange rate rose by 0.3% today as UK consumers borrow again as the nation’s economy reopens. The pairing is currently fluctuating around AU$1.83. Sterling rose today following a new report from the Bank of...

EUR/USD Exchange Rate Rangebound Despite Robust German Business Morale The Euro US Dollar exchange rate held steady this morning following the release of the latest German business climate report for June which rose above forecasts from 99.2 to 101.8. The pairing is currently trading around $1.19. The Euro (EUR) has benefited from rising...

GBP/CAD Exchange Rate Rangebound, Could Rising Oil Prices Boost the ‘Loonie’? The Pound Canadian Dollar exchange rate held steady today following the publication of Canada’s retail sales for April, which fell by a worse-than-expected -5.7%. The Canadian Dollar (CAD) failed to rise against the Pound despite a number of supporting...

GBP/CAD Exchange Rate Rises, Demand for Oil Steadily Increases The Pound Canadian Dollar (GBP/CAD) exchange rate rose today, with the ‘Loonie’ subdued despite rising WIT crude prices. The pairing is currently fluctuating around CA$1.72. The commodity-linked Canadian Dollar failed to rise against the Pound today despite an uptick in...

GBP/AUD Exchange Rate Falls on Robust Outlook for Australian Economy The Pound Australian Dollar (GBP/AUD) exchange rate dipped today despite demand for the risk-sensitive ‘Aussie’ being dented by underwhelming Chinese industrial and retail data. The pairing is currently fluctuating around AU$1.83. With China being Australia’s...

GBP/CAD Exchange Rate Falls on Canadian Oil Market Optimism The Pound Canadian Dollar (GBP/CAD) exchange rate dipped this morning after the Bank of Canada (BoC) held interest rates flat at 0.25% yesterday and left monetary policy largely unchanged. The pairing is currently fluctuating around CA$1.70. Some key takeaways from the BoC’s...

GBP/AUD Exchange Rate Rangebound, BoE Says UK Housing Market is ‘On Fire’ The Pound Australian Dollar exchange rate held steady this morning following dovish comments from the Bank of England’s (BoE) chief economist, Andy Haldane, who said the British labour market remains highly uncertain. The pairing is currently fluctuating around...