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Pound Dollar Forecast Directory - Page #116

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

Pound US Dollar Exchange Rate News: GBP/USD Remains Muted amid Policy Divergence

15 Jun 2022 at 3 PM - Written by John Cameron

US Dollar (USD) Softens ahead of Fed Rate Hike The US Dollar is subdued against most of its peers today as investors await the Federal Reserve’s highly anticipated interest rate decision tonight. A hotter-than-expected US consumer price index has bolstered expectations of a 75bps hike, a third consecutive rate hike. With the...

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

10 Jun 2022 at 12 PM - Written by John Cameron

US Dollar (USD) Firms ahead of CPI Data The US Dollar (USD) remains resilient today as investors eagerly await the release of May’s consumer price index as a cautious mood prevails. Analysts expect this afternoon’s CPI figures to report headline US inflation remained at 8.3% last month, with the core CPI to fall to 5.9% from 6.2%....

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Pound US Dollar Exchange Rate News: GBP/USD Softens as Political Instability and Brexit Fears Reign

8 Jun 2022 at 12 PM - Written by John Cameron

Pound (GBP) Stutters amid Political Uncertainty The Pound (GBP) is facing renewed headwinds today as both Brexit concerns and political chaos return. Despite Prime Minister Boris Johnson narrowly winning the confidence vote on Monday, the growing number of critics was hard to ignore. GBP investors fear this could be the beginning of...

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Pound US Dollar Exchange Rate News: GBP/USD Rangebound amid UK Political Uncertainty

7 Jun 2022 at 11 AM - Written by John Cameron

GBP/USD Muted as UK Political Anxiety Drags On The Pound US Dollar (GBP/USD) exchange rate is trading in a narrow range after Boris Johnson struggled to survive yesterday’s no confidence vote. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.25, virtually unchanged from today’s opening...

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Pound US Dollar Exchange Rate News: GBP/USD Strengthens as Boris Johnson to Face No-Confidence Vote

6 Jun 2022 at 12 PM - Written by John Cameron

Pound (GBP) Firms in the Face of No Confidence Vote The Pound (GBP) is trading positively this morning following the news that Boris Johnson will face a vote of no confidence later this evening. A spokesperson for Johnson said: ‘The PM welcomes the opportunity to make his case to MPs and will remind them that when they're united and...

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Pound US Dollar Exchange Rate News: GBP/USD Plummets on Weak UK PMI Figures

24 May 2022 at 11 AM - Written by John Cameron

GBP/USD Retreats on Disappointing UK PMI Readings The Pound US Dollar (GBP/USD) exchange rate is dropping this morning in response to the UK’s weaker-than-predicted PMI figures. Meanwhile, the US Dollar (USD) is being buoyed by global recession fears sparked by China’s ongoing lockdown. At the time of writing, the GBP/USD exchange...

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Pound US Dollar Exchange Rate Soars after Above-Forecast UK Employment Figures

17 May 2022 at 4 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Shoots Upward amid USD Profit-Taking The Pound US Dollar (GBP/USD) exchange rate is skyrocketing and close to hitting two-week highs today. Better-than-expected UK employment figures are likely helping to push the currency pair higher today, as well as a recovery in global risk appetite. US...

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Pound US Dollar Exchange Rate News: GBP/USD Wavers amid Risk-On Mood

13 May 2022 at 1 PM - Written by John Cameron

US Dollar (USD) Falters after Hitting Two-Year Highs The US Dollar (USD) softened overnight after a shift in risk sentiment saw investors move from the safe-haven currency in the wake of news of the reopening of Shanghai. Deputy Mayor Wu Qingat stated that the city is aiming for zero Covid infections by mid-May, with Shanghai opening...

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Pound US Dollar Exchange Rate News: GBP/USD Rangebound Following the Queen’s Speech

10 May 2022 at 12 PM - Written by John Cameron

GBP/USD Mixed as Queen’s Speech Delivered The Pound US Dollar (GBP/USD) exchange rate is subdued as the Queen’s speech outlines how the UK government will support the UK economy. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.2349, with minimal movement from today’s opening levels. Pound...

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Pound US Dollar Exchange Rate News: GBP/USD Plummets Ahead of BoE Interest Rate Decision

5 May 2022 at 10 AM - Written by John Cameron

GBP/USD Drops Ahead of BoE Interest Rate Decision The Pound US Dollar (GBP/USD) exchange rate is falling as GBP investors brace for the latest interest rate decision from the Bank of England (BoE). At the time of writing, the GBP/USD exchange rate is trading at approximately $1.2524, down roughly 0.7% from today’s opening...

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