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Pound Dollar Forecast Directory - Page #112

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

Pound US Dollar Exchange Rate News: GBP/USD Soars amid More Mini-Budget U-Turn Expectations

13 Oct 2022 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Firms as GBP Investors Latch on to Government Discussions The Pound to US Dollar (GBP/USD) exchange rate was strengthening on Thursday as it came to light that ‘active’ discussions were being had about scrapping parts of the UK mini-budget. At time of writing the GBP/USD exchange rate traded at around...

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Pound US Dollar Exchange Rate News: GBP/USD Wavered as BoE Announce Further Interventions

10 Oct 2022 at 1 PM - Written by John Cameron

Pound (GBP) Subdued amid Truss’ Government Reset The Pound (GBP) is struggling for demand today as Prime Minster Liz Truss attempts to repair an increasingly fractious government. With political uncertainty back on the table after a tumultuous campaign trail, Truss is hoping to implement a reset amid flagging support. Investors have...

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Pound US Dollar Exchange Rate News: GBP/USD Plummets amid UK Credit Rating Fears

6 Oct 2022 at 12 PM - Written by John Cameron

GBP/USD Exchange Rate Plummets amid UK Credit Rating Concerns The Pound to US Dollar (GBP/USD) exchange rate was fell off a cliff on Thursday as the UK was threatened with a credit rating downgrade. At time of writing the GBP/USD exchange rate traded at around $1.1245, roughly down 1% from Thursday’s opening levels. Pound (GBP)...

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Pound US Dollar Exchange Rate News: GBP/USD Directionless after Hitting Near Two Week High

4 Oct 2022 at 11 AM - Written by John Cameron

GBP/USD Exchange Rate Finds Fleeting Gains as Kwarteng Accelerates Fiscal Forecast Timeline The Pound to US Dollar (GBP/USD) exchange rate briefly struck a near two-week high on Tuesday as Chancellor Kwasi Kwarteng announced plans to bring forward his debt cutting plans. At time of writing the GBP/USD exchange rate traded at around $...

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Pound US Dollar Exchange Rate News: GBP/USD Wavered after Truss U-Turned on Tax Cuts

3 Oct 2022 at 1 PM - Written by John Cameron

Pound (GBP) Boosted as Government Abandons Controversial Tax Cut Plans The Pound (GBP) recovered modestly on Monday as Prime Minister Liz Truss announced a dramatic U-turn on top-rate tax cut. In the wake of criticism and a market meltdown, the UK government have decided to go back on their plan to slash the 45p top rate of income tax....

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Pound US Dollar Exchange Rate News: GBP/USD Firms despite Risk-Off Sentiment

29 Sep 2022 at 4 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Climbs, Defying Risk-Off Market Mood The Pound to US Dollar (GBP/USD) exchange rate strengthened on Thursday as the Pound (GBP) firmed despite a downbeat market mood. At time of writing the GBP/USD exchange rate traded at around $1.0972, roughly up 1.31% from Thursday’s opening...

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Why is the Pound to US Dollar Exchange Rate at an All-Time-Low

26 Sep 2022 at 12 PM - Written by John Cameron

The Pound exchange rates hit record lows on Monday as UK Chancellor Kwasi Kwarteng pledged to pursue further tax cuts on Sunday. At time of writing the Pound traded at around $ 1.0755 against the US Dollar, roughly down 0.9% from Monday’s opening levels. Pound Exchange Rates Crash as Further Tax Cuts Displease GBP Investors The...

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Pound US Dollar Exchange Rate News: GBP/USD Crashed to 37-Year Lows after UK Tax Cuts

23 Sep 2022 at 3 PM - Written by John Cameron

Pound (GBP) Sunk on Mounting Fears of Out-of-Control Borrowing The Pound (GBP) plummeted against its peers on Friday in the wake of the Chancellor of the Exchequer Kwasi Kwarteng unveiling his expansive and sweeping tax cut plans to promote economic growth. Despite announcing extensive tax cuts across the board, the biggest tax event...

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Pound US Dollar Exchange Rate News: GBP/USD Wavered amid Cautious Market Ahead of Key Rate Decisions

20 Sep 2022 at 1 PM - Written by John Cameron

Pound (GBP) Subdued Ahead of BoE Rate Decision The Pound (GBP) remained quiet on Tuesday after the long weekend due to the Queen’s funeral. With the postponed Bank of England (BoE) interest rate decision being pushed back to this week, markets are waiting by the sidelines. With inflation still sitting at five times the central...

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Pound US Dollar Exchange Rate News: GBP/USD Softened on Waning Global Market Sentiment

15 Sep 2022 at 12 PM - Written by John Cameron

Pound (GBP) Under Renewed Pressure amid Persisting Cost-of-Living Crisis The Pound (GBP) failed to find much demand amid a quiet day when the Bank of England (BoE) interest rate decision was due. After the buoyant mood in the wake of softening inflation, the Pound came under renewed pressure on Thursday as inflationary pressures still...

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