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Pound Dollar Forecast Directory - Page #124

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

Pound to Dollar Rate Slides Sharply

23 Mar 2021 at 3 PM - Written by John Cameron

Pound Dollar Exchange Rate Sinks as UK-EU Vaccine Tensions Dampen UK Market Confidence The Pound US Dollar (GBP/USD) exchange rate fell by -0.5% following yesterday’s comments from Prime Minister Boris Johnson, who warned that Europe’s third-wave of Covid-19 infections will ‘wash up on our shores’. The pairing is currently...

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GBP/USD Forecast: Pound to US Dollar (GBP/USD) Exchange Rate Slips as UK Data Fails to Bolster UK Outlook

12 Mar 2021 at 11 AM - Written by Frank Davies

Despite some stronger than expected UK data today, the British Pound to US Dollar (GBP/USD) exchange rate slipped from its best levels all week. The US Dollar has also been recovering slightly from its mid-week slump, overall ending a mixed week which saw strong performance from both the Pound and US Dollar. Looking ahead, key US data and...

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GBP/USD Outlook: Pound-Dollar Rises as UK Business and Consumer Confidence Hit Year-Highs

8 Mar 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher on Positive UK Business Morale The Pound to US Dollar (GBP/USD) exchange rate rose today following a bout of upbeat UK economic news. The pairing is currently fluctuating around $1.38. Today saw UK business confidence hit 12-month highs. The BDO’s Services Optimism Index beat forecasts, rising to...

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GBP/USD Forecast: Pound to US Dollar Exchange Rate Driven Lower as US Payrolls Surge

5 Mar 2021 at 2 PM - Written by Frank Davies

Pound (GBP) Exchange Rates Slip Thanks to Disappointing UK House Price Growth As the Halifax house price index failed to show positive growth on the month this left the Pound to US Dollar (GBP/USD) exchange rate trending lower. Following on from January’s -0.4% contraction the index dipped another -0.1% last month, suggesting a...

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Euro to US Dollar (EUR/USD) Exchange Rate Steady on Underwhelming Eurozone Data

3 Mar 2021 at 5 PM - Written by John Cameron

EUR/USD Exchange Rate Rangebound as EU Lockdowns Weigh on Eurozone Economy The Euro to US Dollar (EUR/USD) exchange rate was largely muted today, with the pairing currently fluctuating around $1.20. The Euro has suffered this week owing to largely underwhelming Eurozone economic data. Germany’s retail sales for January tumbled by -4.5,...

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GBP/USD Exchange Rate Dips as Covid-19 Fears Return After Brazilian Covid-19 Variant is Found in the UK

1 Mar 2021 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as UK Manufacturing PMI Highlights Supply Chain Issues The Pound to US Dollar exchange rate dipped today, with the pairing currently fluctuating around $1.39. Sterling held steady against the ‘Greenback’ following the announcement that a highly infectious Brazilian variant of Covid-19 had been found in the...

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GBP to USD Rises Ahead of UK Lockdown Exit Plan Announcement

22 Feb 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Heads Higher on UK Covid Vaccine Optimism The Pound to US Dollar exchange rate rose by 0.2% today ahead of the unveiling of Prime Minister Boris Johnson’s lockdown exit plan. The pairing is currently trading around $1.40. Boris Johnson is also expected to highlight new data that shows that Covid-19 vaccines has...

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GBP/USD Exchange Rate Heads Higher as Risk-On Market Mood Persists

11 Feb 2021 at 5 PM - Written by John Cameron

Pound to US Dollar Exchange Rate Rises as Demand for Safe-Haven Currencies Falls After Positive US-China Phone Call The Pound to US Dollar exchange rate held steady today. The pairing is currently fluctuating around $1.38. The US Dollar has been undermined by risk-on market mood today following a positive conversation between US President...

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GBP to USD Exchange Rate Strikes New Best Level in Almost 3 Years as Coronavirus Hopes Keep Boosting Sterling

10 Feb 2021 at 5 PM - Written by David Woodsmith

Despite already trending high and the US Dollar attempting to rebound from lows over the past week or so, the British Pound to US Dollar (GBP/USD) exchange rate has resumed its steady advance this week. Investors continue to buy the Pound on the market’s rising coronavirus recovery hopes, while the US Dollar is being sold once again on...

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Euro to US Dollar Exchange Rate Sinks as Concerns Rise Over Eurozone’s Double-Dip Contraction

4 Feb 2021 at 2 PM - Written by John Cameron

EUR/USD Exchange Rate as Eurozone Economic Woes Drag on Single Currency The Euro to US Dollar exchange rate fell today, with the pairing currently fluctuating around $1.19. The Euro struggled today as confident in the Eurozone’s economy has dipped as concerns continue to grow over Europe’s slow Covid-19 vaccine rollout. Added to...

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