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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Pound Dollar Rate » |
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1.40011 |
1.40011 |
1.40011 |
GBP USD Exchange Rate Under Pressure as US Industrial Production Improves
17 Apr 2018 at 4 PM - Written by Frank Davies
STORY LINK GBP USD Exchange Rate Under Pressure as US Industrial Production Improves
Although the UK unemployment rate unexpectedly fell to a fresh forty-two year low on Tuesday this failed to give the Pound US Dollar (GBP/USD) exchange rate a boost.
While the UK labour market continued to tighten this did not result in any particular uptick in average weekly earnings, which showed steady growth of 2.8% in the three months...
CATEGORIES: Pound Dollar Forecasts
GBP USD Exchange Rate Surges Higher Ahead of UK Wage Growth Data
16 Apr 2018 at 3 PM - Written by Ben Hughes
STORY LINK GBP USD Exchange Rate Surges Higher Ahead of UK Wage Growth Data
Although the latest US advance retail sales data bettered forecast this failed to knock the Pound US Dollar (GBP/USD) exchange rate off an uptrend.
While the 0.6% uptick on the year reversed the -0.1% contraction seen in February the mood towards the US Dollar remained generally muted.
Confidence in the Pound, meanwhile, strengthened in...
CATEGORIES: Pound Dollar Forecasts
GBP to USD Exchange Rate Ends Week Near Post-Brexit Highs on Bank of England (BoE) Bets
13 Apr 2018 at 3 PM - Written by Toni Johnson
STORY LINK GBP to USD Exchange Rate Ends Week Near Post-Brexit Highs on Bank of England (BoE) Bets
Underwhelming UK data was not enough to keep the Pound weak last week, as the British Pound to US Dollar (GBP/USD) exchange rate put in solid gains throughout the week thanks to bets of Bank of England (BoE) hawkishness, as well as geopolitical tensions weighing on the US Dollar.
Thanks to broad Pound strength and heavily mixed US Dollar...
CATEGORIES: Pound Dollar Forecasts
GBP USD Exchange Rate Accelerates on Rising US Jobless Claims Figures
12 Apr 2018 at 4 PM - Written by James Fuller
STORY LINK GBP USD Exchange Rate Accelerates on Rising US Jobless Claims Figures
Even though March’s Federal Open Market Committee (FOMC) meeting minutes proved a little more hawkish in tone this failed to knock the Pound US Dollar (GBP/USD) exchange rate off an uptrend for long.
The minutes were not particularly surprising, given the recent trend of solid US data and rising inflationary pressure.
All in all, the...
CATEGORIES: Pound Dollar Forecasts
Rise in UK Productivity Levels Inspires Minor Pound to US Dollar Exchange Rate Advance
6 Apr 2018 at 12 PM - Written by Toni Johnson
STORY LINK Rise in UK Productivity Levels Inspires Minor Pound to US Dollar Exchange Rate Advance
On Thursday’s trading session, the Pound to US Dollar exchange rate saw an overall decline, opening in the region of 1.4088 but closing down lower around 1.4008.
Pound to US Dollar Exchange Rate Improves after UK Productivity Reported Higher
The Office for National Statistics (ONS) has contributed to today’s GBP/USD exchange rate...
CATEGORIES: Pound Dollar Forecasts
Pound US Dollar (GBP/USD) Exchange Rate Slides ahead of US GDP Readings
28 Mar 2018 at 1 PM - Written by John Cameron
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Slides ahead of US GDP Readings
Fresh Irish Border Solution Imminent GBP/USD Exchange Rate Fails to Capitalise
The Pound US Dollar (GBP/USD) exchange rate fell on Wednesday, failing to capitalise on reports that a fresh solution to the Irish border conundrum could be near.
According to reports from The Times, Irish officials have been told to expect new plans from...
CATEGORIES: Pound Dollar Forecasts
GBP to USD Exchange Rate Tumbles from Monthly Highs as Dollar Rebounds
27 Mar 2018 at 3 PM - Written by Tim Boyer
STORY LINK GBP to USD Exchange Rate Tumbles from Monthly Highs as Dollar Rebounds
A lack of fresh support for the Pound this week, as well as trade news boosting the US Dollar, knocked the British Pound to US Dollar (GBP/USD) exchange rate by over half a cent on Tuesday. The pair could continue to slip in the coming days if UK data doesn’t impress investors.
Thanks to Brexit and Bank of England (BoE) news, GBP/USD...
CATEGORIES: Pound Dollar Forecasts