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Pound Dollar Forecast Directory - Page #125

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

Pound US Dollar Exchange Rate News: GBP/USD Retreats from $1.37 as Biden Faces Pushback on Stimulus

25 Jan 2021 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Retreats from $1.37 as Biden Faces Pushback on Stimulus

US Dollar (USD) Supported by US Stimulus Concerns After initially falling through today’s Asian session, the safe-haven US Dollar (USD) was able to claw back its losses against the Pound (GBP) during the European trading session amidst a souring of market sentiment. This comes in response to growing concern about Joe Biden’s...

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GBP to USD Exchange Rate Avoids Major Losses despite Gloomy UK Ecostats

22 Jan 2021 at 12 PM - Written by Frank Davies

STORY LINK GBP to USD Exchange Rate Avoids Major Losses despite Gloomy UK Ecostats

Despite some broadly disappointing UK ecostats published at the end of the week, the British Pound to US Dollar (GBP/USD) exchange rate is still on track to end the week notably higher. Market sentiment has solidly improved after this week’s political events, so investors have even less reason to hold onto the safe haven US Dollar. As for...

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GBP/USD: Pound-to-Dollar Exchange Rate Hits 2 and a Half Year Best Ahead of Joe Biden Inauguration

20 Jan 2021 at 3 PM - Written by James Fuller

STORY LINK GBP/USD: Pound-to-Dollar Exchange Rate Hits 2 and a Half Year Best Ahead of Joe Biden Inauguration

Despite anticipation for a better outlook for the US economy under the upcoming Joe Biden administration, the British Pound to US Dollar (GBP/USD) exchange rate has still been advancing today. Investors bought the Pound in reaction to this morning’s better than expected UK inflation data, combined with hopes that Britain’s coronavirus...

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Pound US Dollar (GBP/USD) Exchange Rate Muted in Anticipation of US Initial Jobless Claims Data

14 Jan 2021 at 1 PM - Written by Frank Davies

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Muted in Anticipation of US Initial Jobless Claims Data

Pound US Dollar (GBP/USD) Exchange Rate Under Pressure Ahead of Jobless Claims Data The Pound to US Dollar (GBP/USD) exchange rate struggled to find any particular traction ahead of the latest US initial jobless claims data. With market risk appetite elevated once again, thanks to improved Chinese trade data, the US Dollar saw limited...

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GBP to USD Exchange Rate Hits New January Worst as BoE Negative Rate Bets Rise

11 Jan 2021 at 4 PM - Written by Tim Boyer

STORY LINK GBP to USD Exchange Rate Hits New January Worst as BoE Negative Rate Bets Rise

Concerns about surges of coronavirus infections in Britain, combined with rising speculation that the Bank of England (BoE) could introduce negative interest rates soon, have left the British Pound to US Dollar (GBP/USD) exchange rate tumbling today. A rebounding US Dollar has been able to more easily capitalise on the Pound’s losses. The...

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GBP to USD Exchange Rate Attempt Recovery as Moderna Vaccine Approved for UK Use

8 Jan 2021 at 3 PM - Written by Frank Davies

STORY LINK GBP to USD Exchange Rate Attempt Recovery as Moderna Vaccine Approved for UK Use

The British Pound to US Dollar (GBP/USD) exchange rate is attempting to rebound again today, but has generally remained within the same lower region throughout this week. While a third coronavirus vaccine was approved for UK use, concerns about Britain’s economic resilience amid a third national lockdown persist, and the US Dollar’s...

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GBP to USD Exchange Rate Begins Recovery as US Democratic Party Could Control Senate

6 Jan 2021 at 3 PM - Written by James Fuller

STORY LINK GBP to USD Exchange Rate Begins Recovery as US Democratic Party Could Control Senate

After plunging at the beginning of the week, the British Pound to US Dollar (GBP/USD) exchange rate is making a recovery attempt today. Investors are buying the Pound again as the US Dollar is sold on higher market risk-sentiment. While coronavirus jitters are weighing on Sterling, the US Dollar is being sold today as investors react to...

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GBP to USD Exchange Rate Testing 2 and a Half Year Best Levels as Brexit Deal Relief Buoys Sterling

4 Jan 2021 at 12 PM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Testing 2 and a Half Year Best Levels as Brexit Deal Relief Buoys Sterling

A combination of Brexit relief and some strong UK data helped the British Pound to US Dollar (GBP/USD) exchange rate continue to climb in its best levels in years today. The US Dollar continues to suffer as markets betting on a global recovery from the coronavirus pandemic buy riskier assets. Even uncertainty around Britain’s coronavirus...

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Pound US Dollar (GBP/USD) Exchange Rate Hits 31-Month High on US Stimulus Anticipation

31 Dec 2020 at 12 PM - Written by Frank Davies

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Hits 31-Month High on US Stimulus Anticipation

Pound US Dollar (GBP/USD) Exchange Rate Shrugs off Tightened UK Social Restrictions The announcement of tightened social restrictions in the UK was not enough to keep the Pound to US Dollar (GBP/USD) exchange rate from rising to a 31-month high ahead of the New Year. While worries over the outlook of the UK economy remain this failed to...

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GBP to USD Exchange Rate Near 2020 Best Once More as Brexit Deal Reportedly Imminent

24 Dec 2020 at 12 PM - Written by Toni Johnson

STORY LINK GBP to USD Exchange Rate Near 2020 Best Once More as Brexit Deal Reportedly Imminent

Despite a boost in safe haven demand at the beginning of the week, the British Pound to US Dollar (GBP/USD) exchange rate is once again approaching its best levels in years. As markets await an imminent Brexit deal announcement, the US Dollar’s safe haven appeal has been dampened and the Pound is capitalising on the market’s Brexit...

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