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Pound Dollar forecast - GBP USD

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

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GBP to USD Exchange Rate Attempts Rebound as USD Weakness Persists

14 Sep 2020 at 4 PM - Written by Frank Davies

STORY LINK GBP to USD Exchange Rate Attempts Rebound as USD Weakness Persists

No-deal Brexit concerns continue to weigh heavily on the Pound, but the British Pound to US Dollar (GBP/USD) exchange rate has been able to rebound from its lowest levels today. Investors are reassessing their outlook on the Brexit situation, while the US Dollar remains broadly unappealing overall. Slightly lower risk-sentiment, as well as...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Exchange Rates: GBPUSD Losses Slow despite Stronger than Expected US Jobless Stats

3 Sep 2020 at 7 PM - Written by John Cameron

STORY LINK Pound to Dollar Exchange Rates: GBPUSD Losses Slow despite Stronger than Expected US Jobless Stats

The latest US jobless claims have made investors a little more optimistic ahead of tomorrow’s US Non-Farm Payroll report, but the British Pound to US Dollar (GBP/USD) exchange rate’s fall has been slowing regardless. Investors are hesitant to buy the US Dollar too much ahead of tomorrow’s key data, following this week’s notable US...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Muted Ahead of Jackson Hole

27 Aug 2020 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Muted Ahead of Jackson Hole

Pound Sterling US Dollar (GBP/USD) Exchange Rate Flat Ahead of Powell’s Jackson Hole Speech The Pound Sterling US Dollar (GBP/USD) exchange rate remained flat on Thursday morning, leaving the pairing trading at around $1.3191. The US Dollar remained near a one-week low ahead of a speech from the US Federal Reserve chair, Jerome...

CATEGORIES: Pound Dollar Forecasts

Euro to US Dollar (EUR/USD) Exchange Rate Rangebound as Safe-Haven Demand is Hit by Covid-19 Treatment Hopes

24 Aug 2020 at 5 PM - Written by John Cameron

STORY LINK Euro to US Dollar (EUR/USD) Exchange Rate Rangebound as Safe-Haven Demand is Hit by Covid-19 Treatment Hopes

EUR/USD Exchange Rate Steady as Covid-19 Treatment Hopes Weigh on ‘Greenback’ The Euro to US Dollar (EUR/USD) exchange rate held steady today, with the pairing currently fluctuating around $1.180. The US Dollar (USD) failed to gain on the Euro (EUR) today following US President Donald Trump’s authorisation of blood plasma treatment...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Dips as Safe-Haven Demand Increases on Growing US Jobless Claims

20 Aug 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to US Dollar (GBP/USD) Exchange Rate Dips as Safe-Haven Demand Increases on Growing US Jobless Claims

GBP/USD Exchange Rate Sinks as US Jobless Claims Spike in August The Pound to US Dollar (GBP/USD) exchange rate dipped today, with the pairing currently trading around $1.309. The US Dollar (USD) edged higher today following the better-than-expected US continuing jobless claims report for August. The figure fell below forecasts from...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rises as US Jobless Data Boosts Risk Appetite

13 Aug 2020 at 5 PM - Written by John Cameron

STORY LINK Pound to US Dollar (GBP/USD) Exchange Rises as US Jobless Data Boosts Risk Appetite

The Pound to US Dollar (GBP/USD) exchange rate rose by 0.2% today, with the pairing currently trading around $1.30. The ‘Greenback’ has suffered today as risk sentiment has improved following a better-than-expected US continuing jobless claims report, which fell from 16.09 million to 15.486 million. Consequently, this has buoyed hopes...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts

GBP to USD Exchange Rate Up Again as Various Factors Leave US Dollar Unappealing

13 Aug 2020 at 4 PM - Written by David Woodsmith

STORY LINK GBP to USD Exchange Rate Up Again as Various Factors Leave US Dollar Unappealing

Despite the Pound’s tumble in reaction to a gloomy UK economic outlook yesterday, the British Pound to US Dollar (GBP/USD) exchange rate has rebounded again today. Investors are buying the pair due to selling in the US Dollar, as the US outlook remains dampened by coronavirus fears, ahead of major US data due before the end of the week....

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Avoids Losses on UK Recession News as Both Currencies Unappealing

12 Aug 2020 at 5 PM - Written by John Cameron

STORY LINK GBP to USD Exchange Rate Avoids Losses on UK Recession News as Both Currencies Unappealing

Despite broad weakness in the Pound this afternoon, the British Pound to US Dollar (GBP/USD) exchange rate’s movement has been mixed and losses have been limited. The US Dollar remains unappealing due to US stimulus concerns and economic uncertainties, so the pair isn’t as weak as it could have been. Towards the end of the week, US data...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Slides After Best Monthly Performance in Over a Decade

3 Aug 2020 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Slides After Best Monthly Performance in Over a Decade

Pound Sterling US Dollar (GBP/USD) Exchange Rate Sees Best Monthly Performance in 10 Years The Pound Sterling US Dollar (GBP/USD) exchange rate edged -0.3% lower on Monday morning. This left the pairing trading at around $1.3040. Sterling remained steady today as it was able to hold above $1.30 earlier as markets weighed up the...

CATEGORIES: Pound Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Rises as US Growth Falls to Record Lows

30 Jul 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to US Dollar (GBP/USD) Exchange Rate Rises as US Growth Falls to Record Lows

GBP/USD Exchange Rate Edges Higher as US Economy Continues to Suffer The Pound to US Dollar (GBP/USD) exchange rate rose by 0.5% today, with the pairing currently fluctuating around $1.305. The US Dollar (USD) has continued to struggle following yesterday’s dovish statement from the US Federal Reserve which underlined fears for...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

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