Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Dollar forecast - GBP USD

A round up of the latest Pound Dollar forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 05:44:04 Pound Dollar Rate »
GBP/USD +0 Days Low Days High Last Daily
1.38362 +0% 1.38362 1.38362 1.38362

GBP/USD Forecast: Pound to US Dollar Exchange Rate Driven Lower as US Payrolls Surge

5 Mar 2021 at 2 PM - Written by Frank Davies

Pound (GBP) Exchange Rates Slip Thanks to Disappointing UK House Price Growth As the Halifax house price index failed to show positive growth on the month this left the Pound to US Dollar (GBP/USD) exchange rate trending lower. Following on from January’s -0.4% contraction the index dipped another -0.1% last month, suggesting a...

CATEGORIES: Pound Dollar Forecasts

Euro to US Dollar (EUR/USD) Exchange Rate Steady on Underwhelming Eurozone Data

3 Mar 2021 at 5 PM - Written by John Cameron

EUR/USD Exchange Rate Rangebound as EU Lockdowns Weigh on Eurozone Economy The Euro to US Dollar (EUR/USD) exchange rate was largely muted today, with the pairing currently fluctuating around $1.20. The Euro has suffered this week owing to largely underwhelming Eurozone economic data. Germany’s retail sales for January tumbled by -4.5,...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/USD Exchange Rate Dips as Covid-19 Fears Return After Brazilian Covid-19 Variant is Found in the UK

1 Mar 2021 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as UK Manufacturing PMI Highlights Supply Chain Issues The Pound to US Dollar exchange rate dipped today, with the pairing currently fluctuating around $1.39. Sterling held steady against the ‘Greenback’ following the announcement that a highly infectious Brazilian variant of Covid-19 had been found in the...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP to USD Rises Ahead of UK Lockdown Exit Plan Announcement

22 Feb 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Heads Higher on UK Covid Vaccine Optimism The Pound to US Dollar exchange rate rose by 0.2% today ahead of the unveiling of Prime Minister Boris Johnson’s lockdown exit plan. The pairing is currently trading around $1.40. Boris Johnson is also expected to highlight new data that shows that Covid-19 vaccines has...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/USD Exchange Rate Heads Higher as Risk-On Market Mood Persists

11 Feb 2021 at 5 PM - Written by John Cameron

Pound to US Dollar Exchange Rate Rises as Demand for Safe-Haven Currencies Falls After Positive US-China Phone Call The Pound to US Dollar exchange rate held steady today. The pairing is currently fluctuating around $1.38. The US Dollar has been undermined by risk-on market mood today following a positive conversation between US President...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP to USD Exchange Rate Strikes New Best Level in Almost 3 Years as Coronavirus Hopes Keep Boosting Sterling

10 Feb 2021 at 5 PM - Written by David Woodsmith

Despite already trending high and the US Dollar attempting to rebound from lows over the past week or so, the British Pound to US Dollar (GBP/USD) exchange rate has resumed its steady advance this week. Investors continue to buy the Pound on the market’s rising coronavirus recovery hopes, while the US Dollar is being sold once again on...

CATEGORIES: Pound Dollar Forecasts

Euro to US Dollar Exchange Rate Sinks as Concerns Rise Over Eurozone’s Double-Dip Contraction

4 Feb 2021 at 2 PM - Written by John Cameron

EUR/USD Exchange Rate as Eurozone Economic Woes Drag on Single Currency The Euro to US Dollar exchange rate fell today, with the pairing currently fluctuating around $1.19. The Euro struggled today as confident in the Eurozone’s economy has dipped as concerns continue to grow over Europe’s slow Covid-19 vaccine rollout. Added to...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Retreats from $1.37 as Biden Faces Pushback on Stimulus

25 Jan 2021 at 2 PM - Written by John Cameron

US Dollar (USD) Supported by US Stimulus Concerns After initially falling through today’s Asian session, the safe-haven US Dollar (USD) was able to claw back its losses against the Pound (GBP) during the European trading session amidst a souring of market sentiment. This comes in response to growing concern about Joe Biden’s...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Avoids Major Losses despite Gloomy UK Ecostats

22 Jan 2021 at 12 PM - Written by Frank Davies

Despite some broadly disappointing UK ecostats published at the end of the week, the British Pound to US Dollar (GBP/USD) exchange rate is still on track to end the week notably higher. Market sentiment has solidly improved after this week’s political events, so investors have even less reason to hold onto the safe haven US Dollar. As for...

CATEGORIES: Pound Dollar Forecasts

GBP/USD: Pound-to-Dollar Exchange Rate Hits 2 and a Half Year Best Ahead of Joe Biden Inauguration

20 Jan 2021 at 3 PM - Written by James Fuller

Despite anticipation for a better outlook for the US economy under the upcoming Joe Biden administration, the British Pound to US Dollar (GBP/USD) exchange rate has still been advancing today. Investors bought the Pound in reaction to this morning’s better than expected UK inflation data, combined with hopes that Britain’s coronavirus...

CATEGORIES: Pound Dollar Forecasts