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Pound Dollar Forecast Directory - Page #129

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

GBP to USD Exchange Rate Returns to Best Levels Since Pandemic Began amid Fed Uncertainty

29 Jul 2020 at 5 PM - Written by John Cameron

Investors continue to buy the British Pound to US Dollar (GBP/USD) exchange rate today, despite a lack of strong support for the Pound. It comes as the US economic outlook becomes increasingly gloomy ahead of this evening’s Federal Reserve policy decision, and markets expect the Fed could take another dovish shift on its own outlooks....

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GBP to USD Exchange Rate Recovers Last Week’s Losses as Vaccine Hopes Knock Safe Havens Lower

21 Jul 2020 at 5 PM - Written by James Fuller

Investors have seen little reason to buy the US Dollar lately, which is making it easier for the British Pound to US Dollar (GBP/USD) exchange rate to sustain a recovery after recent losses. The Pound has been benefitting from a combination of factors including hopes for a coronavirus vaccine, while the US outlook continues to be weighed by...

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GBP to USD Exchange Rate Dips Again as Chinese Data Causes Safe Haven Rush

16 Jul 2020 at 3 PM - Written by Tim Boyer

A combination of a gloomy UK outlook and higher market demand for safe haven currencies is keeping the British Pound to US Dollar (GBP/USD) exchange rate under pressure today. Investors are hesitant to buy the US Dollar as a safe haven too much, but the Pound’s weakness is making it easier for the US Dollar to advance. Looking ahead, UK and...

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Pound US Dollar (GBP/USD) Exchange Rate Slides on Renewed US-China Tensions

14 Jul 2020 at 12 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Falls as Traders Flock Back to Safety The Pound Sterling US Dollar (GBP/USD) exchange rate edged -0.3% lower. This left the pairing trading at around $1.2521. The US Dollar edged higher on Tuesday as renewed concerns about US-China relations and rising coronavirus cases dented risk...

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Pound US Dollar (GBP/USD) Exchange Rate Flat as Only 25% of Companies Ready for Brexit

13 Jul 2020 at 1 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Muted as Traders Eye UK’s ‘New Start’ Plan The Pound Sterling US Dollar (GBP/USD) exchange rate remained flat on Monday. This left the pairing trading at around $1.2599. Earlier today, GBP/USD rose towards a 200-day moving average of $1.27 before falling back. Sterling was...

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Pound to US Dollar (GBP/USD) Exchange Rate Falls Despite Rising American Covid-19 Cases

29 Jun 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Dips Despite Rising Covid-19 Vaccine Hopes The Pound to US Dollar (GBP/USD) exchange rate dipped today, with the pairing currently trading around $1.23. The US Dollar (USD) edged higher against Sterling today despite growing fears that America could see renewed lockdown measures on ever-increasing Covid-19 cases. ...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Steady as US Jobless Claims Rise Above Forecasts

4 Jun 2020 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Rangebound on ‘Unprecedented US Jobs Data The Pound to US Dollar (GBP/USD) exchange rate held steady today, with the pairing currently trading around $1.25. The US Dollar (USD) has suffered from today’s release of the US initial jobless claims figures for May, which came in at a worse-than-expected 1,877...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Falls as Divisions Within the Conservative Party Grow

27 May 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Sinks on Brexit and Tory Party Disunity The Pound to US Dollar (GBP/USD) exchange rate fell by -0.5% today, with the pairing currently trading around $1.22. Sterling has suffered from increasingly disunity within the Conservative Party today as Prime Minister Boris Johnson’s standing is being eroded by the...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Falls as Safe-Haven Demand Increases

22 May 2020 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Sinks as US-China Trade Tensions Boost ‘Greenback’ Safe-Haven The Pound to US Dollar (GBP/USD) exchange rate fell by -0.3% today, with the pairing currently trading around $1.217. The US Dollar (USD) has continued to benefit from increasing demand for safe-haven currencies today on a fresh source of tension...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Struggles even as US Jobless Claims Top 36 Million

14 May 2020 at 3 PM - Written by Frank Davies

Latest Jump in US Jobless Claims Fails to Boost Pound US Dollar (GBP/USD) Exchange Rate Another large weekly increase in US jobless claims was not enough to prevent the Pound Sterling to US Dollar (GBP/USD) exchange rate shedding further ground. As initial jobless claims only saw an increase of 2.9 million, as opposed to the previous...

CATEGORIES: Pound Dollar Forecasts