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Pound Dollar Forecast Directory - Page #123

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

GBP/USD Forecast: Pound to US Dollar Exchange Rate Volatile on BoE Interest Rate Decision

6 May 2021 at 3 PM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange has been volatile today following the latest Bank of England (BoE) interest rate decision. At the time of writing the GBP/USD pairing are trading at around $1.3897 as the US Dollar is supported by US jobless claims falling further than expected. Pound Sterling (GBP) Exchange Rate Mixed on BoE...

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GBP/USD Forecast: Pound to US Dollar Exchange Rate Set to Shed Further Ground on Strengthening ISM Manufacturing PMI

30 Apr 2021 at 4 PM - Written by Frank Davies

Pound (GBP) Exchange Rates Falter in Spite of UK Housing Price Index Increase A solid uptick in the Nationwide house price index was not enough to keep the Pound to US Dollar (GBP/USD) exchange rate from shedding ground. While prices saw growth of 2.1% on the month in April, reversing the previous month’s -0.3% contraction, this...

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GBP/USD Forecast: Pound to US Dollar Exchange Rate Mixed on UK Economic Optimism

29 Apr 2021 at 2 PM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange is mixed today after the latest US jobless claims released this afternoon missed forecasts. At the time of writing the GBP/USD pairing are trading at around $1.3959 as the Pound continues to find support in economic optimism surrounding the UK’s recovery from the second wave of the coronavirus...

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GBP/USD Forecast: Pound to US Dollar Exchange Rate Slides Back from Month Best as UK Inflation Misses the Mark

21 Apr 2021 at 12 PM - Written by David Woodsmith

Broad US Dollar weakness has persisted this week, causing the British Pound to US Dollar (GBP/USD) exchange rate to hit its best levels in a month. The pair is struggling to hold those highs however, amid a lack of fresh upside support for Sterling. With both the Pound and US Dollar running out of steam lately, volatility may be ahead unless...

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Pound US Dollar (GBP/USD) Exchange Rate Rangebound as Risk-On Markets Limit ‘Greenback’

15 Apr 2021 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Steady as US Retail Sales Beat Forecasts The Pound US Dollar (GBP/USD) exchange rate held steady this morning after the ‘Greenback’ was undermined by a dovish Federal Reserve. The Fed’s Chairman Jerome Powell suggested that it was unlikely that the bank would raise interest rates until as late as next year....

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GBP/USD Forecast: Pound to US Dollar Exchange Rate Advances Steadily as USD Tumbles

14 Apr 2021 at 4 PM - Written by Ben Hughes

Optimism about Britain’s coronavirus recovery outlook is keeping the British Pound to US Dollar (GBP/USD) exchange rate trending with an upside bias today, as investors sell the US Dollar again. The US Dollar’s strength from earlier in the week has already faded as the latest US inflation data has done little to support the hawkish bets...

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Pound US Dollar Exchange Rate Steady: USD Rises as Joe Biden Announces Infrastructure Stimulus Package

1 Apr 2021 at 12 PM - Written by John Cameron

GBP/USD Exchange Rate Rangebound as ‘Greenback’ is Buoyed by Safe-Haven Demand The Pound US Dollar exchange rate held steady today following President Joe Biden’s announcement of a $2 trillion infrastructure stimulus package. The pairing is currently fluctuating around $1.37. Mr. Biden commented on the stimulus plan: ‘It is...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Struggles to Advance as US Outlook Continues to Improve

31 Mar 2021 at 4 PM - Written by Tim Boyer

Despite some stronger than expected UK data and continued attempts for the Pound to advance, the British Pound to US Dollar (GBP/USD) exchange rate has been struggling so far this week. The US Dollar continues to ramp up strength and firm higher as markets become more confident in the US recovery outlook, and upcoming news and data may be...

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Pound Swiss Franc (GBP/CHF) Exchange Rate Sinks as Risk-Off Market Mood Drive Demand for Safe-Haven Currencies

25 Mar 2021 at 5 PM - Written by John Cameron

GBP/CHF Exchange Rate Falls as Souring Risk Sentiment Boost Safe-Haven Swiss Franc The Pound Swiss Franc (GBP/CHF) exchange rate fell today as risk-off market mood has driven demand for the safe-haven Swiss currency. The pairing is currently trading around 1.29fr. Today also saw the Swiss National Bank hold interest rates at -0.75%,...

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Pound to Dollar Weekly Forecast: GBP/USD Exchange Rate Rangebound as Markets Await Outcome of EU Vaccine Summit

25 Mar 2021 at 3 PM - Written by John Cameron

The Pound to US Dollar exchange rate is rangebound this afternoon as Pound investors await the outcome of the EU vaccine summit. At the time of writing the pair are currently trading at around $1.3726 with the US Dollar supported by better-than-expected GDP growth and decrease in jobless claims from the US. Pound Sterling (GBP) Exchange...

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