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Pound Dollar Forecast Directory - Page #110

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

Pound US Dollar (GBP/USD) Exchange Rate Hits 16 Week High as Fed Powell Strikes Dovish Tone

1 Dec 2022 at 12 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate The Pound US Dollar (GBP/USD) exchange rate strengthened on Thursday, as investors began to pull away from USD following a dovish pivot from Federal Reserve Chair Jerome Powell. At the time of writing, GBP/USD was trading at roughly US$1.2187, an increase of around 0.9% from Thursday’s opening...

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Pound US Dollar Exchange Rate News: GBP/USD Firms as Risk Appetite Improves

30 Nov 2022 at 11 AM - Written by John Cameron

GBP/USD Exchange Rate Strengths amid an Upbeat Market Mood The Pound to US Dollar (GBP/USD) exchange rate strengthened on Wednesday as the US Dollar (USD) fell out of favour ahead of a speech from Federal Reserve chairman Jerome Powell. At time of writing the GBP/USD exchange rate traded at around $1.1990, which was up roughly 0.4%...

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Pound US Dollar (GBP/USD) Exchange Rate Rallies as BoE Assures Investors of Further Rate Hikes

29 Nov 2022 at 1 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Rallies as BoE Assures Investors of Further Rate Hikes The Pound US Dollar (GBP/USD) exchange rate strengthened on Tuesday, as the Bank of England (BoE) reassured investors that further rate hikes were likely. At the time of writing, GBP/USD traded at around US$1.2022, an increase of around 0.5%...

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Pound US Dollar (GBP/USD) Exchange Rate Climbs as BoE Policymakers Hint at Further Rate Hikes

24 Nov 2022 at 12 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Hawkish BoE Comments The Pound US Dollar (GBP/USD) exchange rate climbed on Thursday. A positive risk appetite helped to bolster the currency pair. The release of the latest dovish FOMC minutes also boosted the pair. Hawkish comments from Bank of England (BoE) officials lent further...

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Pound US Dollar (GBP/USD) Exchange Rate Soars as Markets Pare Back Fed Rate Hike Bets

23 Nov 2022 at 4 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Leaps amid Speculation on Fed Rate Hike Slowdown The Pound US Dollar (GBP/USD) exchange rate soared on Wednesday. The currency pair was bolstered by a risk-on mood and better-than-forecast UK PMI figures. The paring back of bets on Federal Reserve interest rate hikes by markets also helped...

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Pound US Dollar (GBP/USD) Exchange Rate Slips as Investors Anticipate UK Fiscal Plan

17 Nov 2022 at 10 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Falls as Investors Await Autumn Statement The Pound US Dollar (GBP/USD) Exchange Rate fell on Thursday, as investors remained cautious ahead of the publication of Chancellor Jeremy Hunt’s Autumn Statement. The cautious mood saw GBP/USD fall to around US$1.1885, a decline of roughly 0.2% from...

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Pound US Dollar Exchange Rate News: GBP/USD Strengthened amid Hotter-than-Expected UK Inflation

16 Nov 2022 at 12 PM - Written by John Cameron

Pound (GBP) Underpinned by Further Interest Rate Hikes The Pound (GBP) strengthened against most of its rivals on Tuesday, in the wake of hotter-than-expected CPI inflation. Leaping from 10.1% in September to 11.1%, the highest level since 1981, headline CPI continues to heap pressure on the cost-of-living crisis. Soaring energy prices...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Soars as US Rate Hike Bets Slip

15 Nov 2022 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Soars as US Rate Hike Bets Diminish The Pound US Dollar (GBP/USD) exchange rate strengthened on Tuesday, as USD investors lowered their expectations of higher rate hikes from the Federal Reserve. The shift in view saw GBP/USD soar to around US$1.1874 at the time of writing, a marked jump of 1%...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Drops as US Investor Reprice Fed Expectations

14 Nov 2022 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Sinks as US investors Readjust Rate Hike Expectations The Pound to US Dollar (GBP/USD) exchange rate dropped on Monday, spurred on by reassuring comments made by Federal Reserve policymaker Christopher Waller. At time of writing the GBP/USD exchange rate traded at around $1.1740, which was roughly down 0.8% from...

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Pound US Dollar (GBP/USD) Climbs Despite Shrinking UK Economy

11 Nov 2022 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Climbs Regardless of Faltering UK Economy The Pound US Dollar (GBP/USD) exchange rate on Friday, despite the latest UK GDP release showing a contraction in economic growth. As such, the GBP/USD exchange rate rose to around US$1.1730 at the time of writing, an increase of roughly 0.3% from...

CATEGORIES: Pound Dollar Forecasts