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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 Soured as Economists Warned of Global Recession Danger

16 Jan 2023 at 1 PM - Written by John Cameron

Pound (GBP) Softened amid Mounting Economic Fears The Pound (GBP) struggled for demand on Monday morning amid a lack of economic data left Sterling exposed to a flurry of external factors. Taking a break from the usual domestic woes, Sterling looks to be under pressure from mounting fears of a global recession once more. According to...

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Pound US Dollar Exchange Rate News: GBP/USD Climbed as US Inflation Fell

12 Jan 2023 at 2 PM - Written by John Cameron

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...

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Pound US Dollar Exchange Rate News: GBP/USD Fluctuated amid UK Housing Market Slowdown

11 Jan 2023 at 11 AM - Written by John Cameron

Pound (GBP) Subdued amid Ever-Downbeat Domestic Issues The Pound (GBP) once again struggled for demand in a week relatively devoid of economic data. Leaving Sterling vulnerable to domestic woes, the UK’s largest house builder compounded those issues with a stark warning. As mortgage approvals continue to slide, along with house...

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Pound US Dollar (GBP/USD) Exchange Rate Falls amid Dour UK Outlook

10 Jan 2023 at 12 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Slips as UK Outlook Remains Dour

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Pound US Dollar Exchange Rate News: GBP/USD Plunged as UK House Prices Tumble for Fourth Straight Month

6 Jan 2023 at 1 PM - Written by John Cameron

Pound (GBP) Undermined by Cooling Housing Market The Pound (GBP) failed to muster much strength on Friday as the latest housing price data revealed a fourth consecutive month of falling prices. Surging interest rates and the cost-of-living crisis continue to sap demand and is slowing the market considerably. Following on from a 2.4%...

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Pound US Dollar (GBP/USD) Exchange Rate Weakens as Service Sector Contracts

5 Jan 2023 at 11 AM - Written by John Cameron

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...

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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

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%...

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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

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...

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Pound US Dollar Exchange Rate News: GBP/USD Soared Despite Sweeping UK Industrial Action

28 Dec 2022 at 4 PM - Written by John Cameron

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...

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Pound US Dollar (GBP/USD) Exchange Rate Climbs amid Signs of Cooling US Inflation

23 Dec 2022 at 2 PM - Written by John Cameron

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...

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