Pound Dollar Forecast Directory - Page #108
A round up of the latest Pound Dollar forecast news items from the Currency News desk.
Pound US Dollar Exchange Rate News: GBP/USD Climbed as US Inflation Fell
12 Jan 2023 at 2 PM - Written by John Cameron
STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Climbed as US Inflation Fell
US Dollar (USD) Slipped along with US Inflation
The US Dollar (USD) fell as headline inflation softened in line with expectations. Annualised CPI fell for the sixth straight month to 6.5%, the lowest level since October 2021. Despite a welcome softening of inflation to the rest of the market, USD investors could be feeling disheartened...
CATEGORIES: Pound Dollar Forecasts
Pound US Dollar (GBP/USD) Exchange Rate Weakens as Service Sector Contracts
5 Jan 2023 at 11 AM - Written by John Cameron
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Weakens as Service Sector Contracts
Pound US Dollar (GBP/USD) Exchange Rate Weakens amid Service Sector Contraction
The Pound US Dollar (GBP/USD) exchange rate weakened on Thursday, as the UK’s latest service sector index was revised downward, reflecting a contraction during December.
At the time of writing, GBP/USD traded at around US$1.2016, a decline of roughly...
CATEGORIES: Pound Dollar Forecasts
Pound US Dollar (GBP/USD) Exchange Rate Soars as Risk-On Market Mood Sinks Greenback
4 Jan 2023 at 11 AM - Written by John Cameron
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Soars as Risk-On Market Mood Sinks Greenback
Pound US Dollar (GBP/USD) Exchange Rate Rallies as Risk-On Trade Wounds USD
The Pound US Dollar (GBP/USD) exchange rate soared on Wednesday, as healthy risk appetite across the session saw the safe-haven US Dollar weaken against most major peers.
At the time of writing, GBP/USD traded at around US$1.2055, an increase of roughly 0.7%...
CATEGORIES: Pound Dollar Forecasts
Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Signs of Cooler US Labour Market
29 Dec 2022 at 4 PM - Written by John Cameron
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Signs of Cooler US Labour Market
Pound US Dollar (GBP/USD) Exchange Rate Rises amid Risk-On Impulse
The Pound US Dollar (GBP/USD) exchange rate climbed on Thursday. A risk-on impulse pushed the currency pair higher. Additionally, the latest US jobless claims figures prompted a mild pullback in bets of further interest rate hikes from the Federal Reserve. This also...
CATEGORIES: Pound Dollar Forecasts
Pound US Dollar Exchange Rate News: GBP/USD Soared Despite Sweeping UK Industrial Action
28 Dec 2022 at 4 PM - Written by John Cameron
STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Soared Despite Sweeping UK Industrial Action
Pound (GBP) Strengthened Despite Overwhelming Strike Action
The Pound (GBP) strengthened considerably against the US Dollar on Wednesday, despite sweeping industrial action weighing on the UK economy.
Border Force have resumed strike action along with railway workers after the festive period. Travel delays are to be expected as passport...
CATEGORIES: Pound Dollar Forecasts
Pound US Dollar (GBP/USD) Exchange Rate Climbs amid Signs of Cooling US Inflation
23 Dec 2022 at 2 PM - Written by John Cameron
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Climbs amid Signs of Cooling US Inflation
Pound US Dollar (GBP/USD) Exchange Rate Boosted by Risk-On Mood
The Pound US Dollar (GBP/USD) exchange rate rose on Friday. A risk-on market mood bolstered the currency pair despite a lack of UK data.
Poor US data releases also weighed on GBP/USD. Poor durable goods figures and evidence of cooling inflation saw investors pare back...
CATEGORIES: Pound Dollar Forecasts