Dollar Pound forecast page 9 - USD GBP

GBP/CAD Exchange Rate Edges Higher as Canada Faces Critical Stage of Covid-19 The Pound Canadian Dollar (GBP/CAD) exchange rate rose today because of rising concerns over Canada’s Covid-19 resurgence. The pairing is currently trading around CA$1.73. Canadian Prime Minister Justin Trudeau recently commented that Canada’s Covid-19...

GBP/USD Exchange Rate Steady as US Retail Sales Beat Forecasts The Pound US Dollar (GBP/USD) exchange rate held steady this morning after the ‘Greenback’ was undermined by a dovish Federal Reserve. The Fed’s Chairman Jerome Powell suggested that it was unlikely that the bank would raise interest rates until as late as next year....

GBP/CAD Exchange Rate Falls as Outlook for Canadian Economy Improves The Pound Canadian Dollar (GBP/CAD) exchange rate fell today following a surge in the latest Canadian Ivey PMI data for March, which beat forecasts and rose to 72.9. The pairing is currently fluctuating around CA$1.73. The Canadian Dollar (CAD) has benefited from the...

GBP/USD Exchange Rate Fall as Risk-Off Markets Boost Safe-Haven Demand The Pound US Dollar (GBP/USD) exchange rate fell by -0.4% today as demand for the safe-haven US Dollar has risen as Europe suffers from a third-wave of Covid-19. The pairing is currently fluctuating around $1.38. The US Dollar (USD) has benefited from souring...

GBP/AUD Exchange Rate Edges Higher on Upbeat UK PMI Data The Pound Australian Dollar (GBP/AUD) exchange rate rose by 0.2% today after the UK’s factory PMI surged and hit a decade-high of 58.9 in March. The pairing is currently fluctuating around AU$1.82. Analysts at Markit commented on the report: ‘Business sentiment was at its...

GBP/USD Exchange Rate Rangebound as ‘Greenback’ is Buoyed by Safe-Haven Demand The Pound US Dollar exchange rate held steady today following President Joe Biden’s announcement of a $2 trillion infrastructure stimulus package. The pairing is currently fluctuating around $1.37. Mr. Biden commented on the stimulus plan: ‘It is...

GBP/AUD Exchange Rate Heads Higher on Encouraging UK Economic Data The Pound Australian Dollar exchange rate rose by 0.2% today following the release of the UK’s GDP data for the fourth quarter of last year, which beat forecasts and was revised up to 1.3%. The pairing is currently trading around AU$1.81. Rupert Thompson, chief...

GBP/CAD Exchange Rate as UK allows Outdoor Group Socialising The Pound Canadian Dollar exchange rate rose by 0.4% today as the UK takes a big step in a cautious easing of lockdown restrictions. The pairing is currently fluctuating around CA$1.74. Outdoor group socialising is now legal in the UK, buoying UK market confidence as the nation...

GBP/CHF Exchange Rate Falls as Souring Risk Sentiment Boost Safe-Haven Swiss Franc The Pound Swiss Franc (GBP/CHF) exchange rate fell today as risk-off market mood has driven demand for the safe-haven Swiss currency. The pairing is currently trading around 1.29fr. Today also saw the Swiss National Bank hold interest rates at -0.75%,...

GBP/AUD Exchange Rate Sinks Despite Growing Tensions With China The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.2% today, with the pairing currently fluctuating around AU$1.80. The risk-sensitive Australian Dollar (AUD) suffered today following rising concerns over the AstraZeneca vaccine raised by US regulators. As a...