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Pound Dollar Forecast Directory - Page #111

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

Pound Australian Dollar Exchange Rate News: GBP/AUD Plummets as UK Recession Arrives

9 Nov 2022 at 2 PM - Written by John Cameron

GBP/AUD Exchange Rate Dives as Investors Focus on UK Retail Struggles The Pound to Australian Dollar (GBP/AUD) exchange rate dropped on Wednesday as major UK retailers began reporting drops in sales and profits. At time of writing, the GBP/AUD exchange rate traded at around AU$1.7646, which was down roughly 0.5% from Wednesday’s...

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Pound US Dollar Exchange Rate News: GBP/USD Plummeted amid Midterm Election Drama

9 Nov 2022 at 1 PM - Written by John Cameron

US Dollar (USD) Soared as ‘Red Wave’ Fails to Materialise The US Dollar (USD) is experiencing mixed success on Tuesday as the market remained relatively muted as the results of the midterm elections continue to trickle through. As millions of Americans cast their vote in what is essentially a referendum on how President Joe Biden is...

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Pound US Dollar Exchange Rate News: GBP/USD Drops as Tepid Market Mood Prevails

8 Nov 2022 at 11 AM - Written by John Cameron

GBP/USD Exchange Rate Under Pressure Preceding US Elections The Pound to US Dollar (GBP/USD) exchange rate fell on Tuesday as a lukewarm market mood saw investors favour the more stable US Dollar (USD). At time of writing the GBP/USD exchange rate traded at around $1.1455 roughly down 0.5% from Tuesday’s opening levels. US Dollar...

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Pound US Dollar Exchange Rate Rallies Despite BoE Announcing UK Recession

4 Nov 2022 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Attempts Recovery Despite UK Recession The Pound US Dollar (GBP/USD) exchange rate staged a recovery on Friday, despite confirmation of the UK entering a recession. This saw the GBP/USD exchange rate climb to around US$1.1216 at the time of writing, an increase of roughly 0.4% from Friday’s...

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Pound US Dollar Exchange Rate Hits Two Week Low as Investors Await BoE Rate Decision

3 Nov 2022 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Strikes Two Week Low as Investors Eye BoE Rate Hike The Pound (GBP) fell against the US Dollar (USD) on Thursday, as investors anticipated the Bank of England’s (BoE) latest interest rate decision. At the time of writing, GBP/USD traded at roughly US$1.1241, a plunge of around 1.3% from...

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Pound US Dollar (GBP/USD) Exchange Rate Rallies Ahead of Key US Data

1 Nov 2022 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Rallies ahead of US Data Releases The Pound US Dollar (GBP/USD) exchange rate rallied on Tuesday, as the market braces for upcoming US Data releases. This mood saw the GBP/USD exchange rate trade at roughly US$1.1538 at the time of writing, a rise of around 0.6% from Tuesday’s opening...

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Pound US Dollar Exchange Rate News: GBP/USD Falls in Risk Averse Trade

31 Oct 2022 at 11 AM - Written by John Cameron

GBP/USD Exchange Rate Stumbles as Investors Brace for Central Bank Hikes The Pound to US Dollar (GBP/USD) exchange rate fell on Monday morning as risk appetite receded ahead of a busy week for central banks. At time of writing the GBP/USD exchange rate traded at around $ 1.1549, down roughly 0.5% from Monday’s opening levels. US...

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Pound US Dollar Exchange Rate Narrows as BoE Rate Hike Bets Ease

28 Oct 2022 at 2 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Narrows as Investors Readjust BoE Hike Bets The Pound (GBP) saw muted trade against the US Dollar (USD) on Friday, as investors readjusted their expectations towards the Bank of England’s upcoming interest rate decision. As such, GBP/USD traded at around US$1.1583 at the time of writing,...

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Pound US Dollar Exchange Rate News: GBP/USD Fluctuates as UK Hunts for Next PM

21 Oct 2022 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Volatile as PM Leadership Race Begins The Pound to US Dollar (GBP/USD) exchange rate traded in a wide range on Friday amid fresh concerns over UK politics. At time of writing the GBP/USD exchange rate traded at around $1.1206, roughly the same as Friday’s opening levels, having slumped to $1.1057 before bouncing...

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Pound US Dollar Exchange Rate News: GBP/USD Climbed as Liz Truss’ Steps Down

20 Oct 2022 at 3 PM - Written by John Cameron

Pound (GBP) Recovered as PM Liz Truss Resigns The Pound (GBP) failed to muster much support on Thursday in the wake of a turbulent day in Westminster on Wednesday. Home Secretary Suella Braverman followed Kwasi Kwarteng in leaving Liz Truss’ cabinet after just 43 days in office. Braverman was forced to resign and in her resignation...

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