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Pound Dollar Forecast Directory - Page #114

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

Pound US Dollar Exchange Rate News: GBP/USD Strengthened ahead of US Inflation Reading

10 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Strengthened ahead of US Inflation Reading

US Dollar (USD) Quiet Ahead of Key Inflation Data The US Dollar (USD) remains subdued ahead of annual CPI reading for the month of July. With future rate hikes from the Federal Reserve hinging on the readings, the US Dollar could see significant movement. With inflation expected to ease from 9.1% to 8.7%, as fuel and energy prices have...

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Pound US Dollar (GBP/USD) Exchange Rate Revisits Monday’s Levels on Bearish USD Trading

9 Aug 2022 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Revisits Monday’s Levels on Bearish USD Trading

GBP/USD Exchange Rate Firms, Drops as UK Headwinds Escalate The Pound US Dollar (GBP/USD) exchange rate rose initially through today’s session as upbeat UK retail data buoyed the Pound (GBP), but subsequently fell on cost-of-living pressures. Meanwhile, US Dollar (USD) investors were bearish ahead of Wednesday’s CPI...

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Pound US Dollar (GBP/USD) Exchange Rate Jerks Up on Moderate Risk Appetite

8 Aug 2022 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Jerks Up on Moderate Risk Appetite

GBP/USD Exchange Rate Eases Higher despite GDP Forecasts The Pound US Dollar (GBP/USD) exchange rate is trending gradually higher this morning despite UK headwinds in the form of bleak GDP forecasts. Meanwhile, the US Dollar is consolidating Friday’s gains, although gains are capped by a mild risk-on mood. At the time of...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Slipped Despite BoE Raising Interest Rates by 50bps

4 Aug 2022 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Slipped Despite BoE Raising Interest Rates by 50bps

Pound (GBP) Plummeted Despite Substantial Interest Rate Hike The Pound (GBP) suffered substantial losses as the Bank of England (BoE) issued a concerning assessment of the UK economy. Despite raising interest rates by the fastest rate in 27 years, the central bank also warned that the UK economy is headed straight for a recession by the...

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Pound US Dollar Exchange Rate News: GBP/USD Rallied amid Modest Recovery in Global Market Sentiment

3 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Rallied amid Modest Recovery in Global Market Sentiment

Pound (GBP) Firmed Despite Drop in Service Sector Growth The Pound (GBP) saw mixed success against its rivals as a downward revised 52.6 from an expected 53.3 edged the services sector ever closer to stagnation. The softest expansion in the sector in 17 months was due to soaring inflationary pressures having a direct impact on consumer...

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Pound US Dollar Exchange Rate Falls amid Risk-Off Mood

2 Aug 2022 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate Falls amid Risk-Off Mood

Pound US Dollar Exchange Rate Drops ahead of BoE Interest Rate Decision The Pound US Dollar (GBP/USD) exchange rate slipped on Tuesday amid a prevalent risk-off trading sentiment. A poor outlook for the UK economy as well as subdued bets ahead of the Bank of England’s (BoE) interest rate decision may have also pulled the currency...

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Pound US Dollar Exchange Rate Drops as UK’s ‘Summer of Discontent’ Continues

28 Jul 2022 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate Drops as UK’s ‘Summer of Discontent’ Continues

Pound US Dollar (GBP/USD) Exchange Rate Tumbles amid Risk-Off Mood The Pound US Dollar (GBP/USD) exchange rate is falling today amid a risk-off market mood. The promise of further industrial action in the UK may also be weighing on the currency pair. On the other hand, major losses for GBP/USD could be limited by a downturn to US...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Softens as Inflationary Pressures Weigh on Market Mood

21 Jul 2022 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Softens as Inflationary Pressures Weigh on Market Mood

Pound (GBP) Slips amid Bleak Economic Outlook The Pound (GBP) is under pressure today as soaring inflation continues to weigh on the UK economy. After yesterday’s hotter-than-expected CPI inflation, soaring prices to both fuel and food are set to continue to weigh on the UK economy. With worrying figures released today further...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Wavers as UK Inflation Hits 40-Year High

20 Jul 2022 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Wavers as UK Inflation Hits 40-Year High

GBP/USD Exchange Rate Trades Sideways on Combined Headwinds The Pound US Dollar (GBP/USD) exchange rate is trading in a narrow range so far today, as Pound (GBP) investors digest a higher-than-expected UK inflation release while the US Dollar (USD) struggles for support amid a risk-on market mood. At the time of writing, GBP/USD...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Firms amid Robust UK Labour Market

19 Jul 2022 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Firms amid Robust UK Labour Market

Pound (GBP) Firms Despite Mixed Employment Data The Pound (GBP) is climbing against some of its rivals today as employment figures came in better than expected and unemployment data remained unchanged at 3.8%. A record increase of 296,000 people entered the full-time workforce in the month of May. Despite the worsening cost-of-living...

CATEGORIES: Pound Dollar Forecasts

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