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Pound Dollar Forecast Directory - Page #105

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

Pound US Dollar (GBP/USD) Exchange Rate Edges Lower amid Lack of UK Data

5 Apr 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Edges Lower amid Lack of UK Data

Pound US Dollar (GBP/USD) Exchange Rate Edges Lower amid Lack of UK Data The Pound US Dollar (GBP/USD) exchange rate traded in limited bounds during Wednesday’s morning session, as a lack of clear drivers kept GBP limited. At the time of writing, GBP/USD traded at around US$1.2477, showing little movement from Wednesday’s opening...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Climbed Despite OPEC Announcing Crude Oil Production Cuts

3 Apr 2023 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Climbed Despite OPEC Announcing Crude Oil Production Cuts

US Dollar (USD) Supported by OPEC Production Cuts The US Dollar (USD) came under increased selling pressure on Monday despite the increasingly cautious market mood in the wake of the Organisation of the Petroleum Exporting Countries (OPEC+) decision to cut the production of crude oil. In a move that sent shockwaves through the markets,...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Forecasts of UK Growth

30 Mar 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Forecasts of UK Growth

Pound US Dollar (GBP/USD) Exchange Rate Lifted by Upbeat Forecasts for UK Economy The Pound US Dollar (GBP/USD) exchange rate rose on Thursday. The pairing hovered around eight-week highs over the course of the day. The exchange rate was boosted by positive forecasts for the UK economy, as well as hints of further rate hikes from...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Lack of Data

29 Mar 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Lack of Data

Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Lack of Data The Pound US Dollar (GBP/USD) exchange rate lacked direction on Wednesday, as a lack of data left GBP muted against most peers. At the time of writing, GBP/USD traded at around US$1.2341, showing little movement from Wednesday’s opening rates. Pound (GBP) Muted...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Muted as UK Food Inflation Hits 18 Year High

28 Mar 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Muted as UK Food Inflation Hits 18 Year High

Pound US Dollar (GBP/USD) Exchange Rate Muted as UK Food Inflation Hits 18 Year High The Pound US Dollar (GBP/USD) exchange rate narrowed during Tuesday’s session, as soaring inflation kept Sterling’s appeal low. At the time of writing, GBP/USD traded at around US$1.2312, showing little movement from Tuesday morning’s opening...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Optimistic Picture for UK Retail Sector

27 Mar 2023 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Optimistic Picture for UK Retail Sector

Pound US Dollar (GBP/USD) Exchange Rate Rises as UK Retail Data Surprises to the Upside The Pound US Dollar (GBP/USD) exchange rate climbed on Monday amid a risk-on market mood. Optimistic UK retail sector data prompted gains in the pairing. Bets on a softer pace of rate hikes from the Federal Reserve added to GBP/USD’s upward...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Surges as UK Inflation Rises

22 Mar 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Surges as UK Inflation Rises

Pound US Dollar Exchange Rate Slumps on Disappointing UK PMIs The Pound US Dollar (GBP/USD) exchange rate accelerated on Wednesday, following the publication of the UK’s latest inflation figures. This saw the GBP/USD exchange rate trade at around $1.2284 at the time of writing. Up roughly 0.5% from the day’s opening levels. Pound...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by BoE Rate Hike Bets

20 Mar 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Bolstered by BoE Rate Hike Bets

Pound US Dollar (GBP/USD) Exchange Rate Climbs despite Risk-Off Mood The Pound US Dollar (GBP/USD) exchange rate rose on Monday. The pairing found support from a downturn in US Treasury bond yields and bets on a 25bps Bank of England (BoE) rate hike. On the other hand, the exchange rate’s gains were capped by a risk-off market...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Elevated Fed Rate Hike Bets

8 Mar 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Elevated Fed Rate Hike Bets

Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Elevated Fed Rate Hike Bets The Pound US Dollar (GBP/USD) exchange rate traded flatly on Wednesday morning, as the US Dollar held onto it’s post-Powell gains. At the time of writing, GBP/USD traded at around US$1.1843, showing little movement from Wednesday’s morning...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Firmed on Stronger-than-Expected UK PMIs

3 Mar 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Firmed on Stronger-than-Expected UK PMIs

Pound (GBP) Buoyed by Rebounding Service Sector The Pound (GBP) enjoyed strong gains on Friday as the final reading for services PMI printed better-than-expected. Revised higher from a 53.3 preliminary reading, services jumped to 53.5, the quickest pace of improvement in eight months. Exceeding forecasts when they first printed, the...

CATEGORIES: Pound Dollar Forecasts

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