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Pound Dollar Forecast Directory - Page #115

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

Pound US Dollar (GBP/USD) Exchange Rate Skyrockets as Risk Appetite Improves

18 Jul 2022 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Catapulted by Renewed Risk Appetite The Pound US Dollar (GBP/USD) exchange rate has shot to a one-week high today as risk-on sentiment boosted the Pound (GBP) while the US Dollar (USD) was subdued by a lack of significant data and dwindling bets of a 100bps interest hike this month. At the time of writing,...

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Pound US Dollar Exchange Rate News: GBP/USD Softens amid Accelerated Rate Hike Bets for the Fed

14 Jul 2022 at 12 PM - Written by John Cameron

US Dollar (USD) Buoyant on Increased Rate Hike Bets The US Dollar (USD) is continuing its rally against most of its rivals today as expectations of aggressive Fed rate hikes have soared. The Bank of Canada (BoC) unexpectedly raised its interest rates by 100bps yesterday, boosting the possibility of the Fed raising interest rates higher...

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Pound US Dollar (GBP/USD) Exchange Rate Rises as US Inflation Exceeds Forecast

13 Jul 2022 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Wavers on Varied Tailwinds The Pound US Dollar (GBP/USD) exchange rate has fluctuated dramatically through today’s session, as upbeat UK data initially buoyed the Pound (GBP) before US inflation hit 9.1% and sparked US Dollar (USD) support. ‘Greenback’ investors have now turned hawkish, however, as...

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Pound US Dollar Exchange Rate News: GBP/USD Wavers as Boris Johnson Announces Resignation as Prime Minister

7 Jul 2022 at 12 PM - Written by John Cameron

Pound (GBP) Waves as Boris Johnson Announces Resignation The Pound (GBP) initially spiked as Boris Johnson announced his resignation but remains fairly muted as the political storm is yet to clear despite the PM stepping down. Within just two days, over 50 MPs resigned from Johnson’s government in the wake of the latest wave of scandals...

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Pound US Dollar Exchange Rate News: GBP/USD Dips amid a Deteriorating Global Outlook

5 Jul 2022 at 12 PM - Written by John Cameron

Pound (GBP) Weakens as UK and Global Outlook Continues to Deteriorate The Pound (GBP) is sliding today as the Bank of England (BoE) released its annual Financial Stability Report, outlining how the economic outlook has deteriorated materially. The BoE warned that the outlook for both the UK and the global economy is very uncertain, with...

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Pound US Dollar Exchange Rate News: GBP/USD Slips on Risk-Off Sentiment amid Recession Fears

1 Jul 2022 at 1 PM - Written by John Cameron

US Dollar (USD) Firms amid Risk-Off Sentiment The US Dollar (USD) is buoyed against most of its rivals today after mounting recession fears weigh on the global economy as safe-haven flows continue to rise. Despite softening inflation data for the US yesterday, the ‘Greenback’ firmed again today as recession fears continue to spook...

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Pound US Dollar Exchange Rate News: GBP/USD Slips amid Dovish BoE Speech

30 Jun 2022 at 1 PM - Written by John Cameron

Pound (GBP) Under Pressure as Economic Outlook Darkens The Pound (GBP) is sliding today as Bank of England (BoE) Governor Andrew Bailey appeared somewhat cautious in his speech and acknowledged the slowing of the economy. Failing to rally investors, Bailey also said that soaring inflation could hit the UK harder than other countries....

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Pound US Dollar (GBP/USD) Exchange Rate Extends 6-Day Low

29 Jun 2022 at 10 AM - Written by John Cameron

GBP/USD Exchange Rate Wavers Ahead of Sintra Speech The Pound to US Dollar (GBP/USD) exchange rate is trending sideways today as both currencies await trading impetus from this afternoon’s closing speech at the Sintra Forum in Portugal. Both Bank of England (BoE) Governor Andrew Bailey and Federal Reserve Chairman Jerome Powell...

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Pound US Dollar Exchange Rate News: GBP/USD Wavers as Political Uncertainty and Poor Retail Sales Weigh on the Pound

24 Jun 2022 at 2 PM - Written by John Cameron

Pound (GBP) Subdued as Poor Retail Sales Compound Inflationary Pressures The Pound (GBP) is muted today as the Office for National Statistics (ONS) released the retail sales for the month of May, where the UK saw a drop of 0.5%, or 0.7% excluding fuel. As the cost-of-living rises, household budgets have been hit hard, with consumers...

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Pound US Dollar Exchange Rate News: GBP/USD Wavers amid Fed BoE Policy Divergence

17 Jun 2022 at 2 PM - Written by John Cameron

Pound (GBP) Softens as BoE Remains Behind the Curve The Pound (GBP) is softening today as policy divergence between the Bank of England (BoE) and other central banks is widening. With yesterday’s expected 25bps rate hike to 1.25% not overly inspiring investors, concerns are growing that the BoE is not doing enough to combat...

CATEGORIES: Pound Dollar Forecasts