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Pound Dollar Forecast Directory - Page #130

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

Pound US Dollar (GBP/USD) Exchange Rate Rallies in Anticipation of Dovish Fed Commentary

13 May 2020 at 11 AM - Written by Frank Davies

The first quarter UK gross domestic product proved slightly better than forecast, helping to limit the downside potential of the Pound Sterling to US Dollar (GBP/USD) exchange rate. As the quarterly growth rate clocked in at -2.0% rather than the feared -2.5% this put limited pressure on Pound Sterling as investors had braced for a sharper...

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Pound US Dollar (GBP/USD) Exchange Rate Recovers From Two-Week Low on ‘Relief Rally’

22 Apr 2020 at 3 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Recovers From Two-Week Low The Pound US Dollar (GBP/USD) exchange rate edged higher on Wednesday afternoon. This left the pairing trading at around $1.2328. The Pound was able to recover against the US Dollar this afternoon as traders began to flock back towards the currency which had...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises Ahead of US Jobless Data

9 Apr 2020 at 1 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Edges Higher as British Economy Stagnates The Pound Sterling US Dollar (GBP/USD) exchange rate edged higher today, leaving the pairing trading at around $1.2417. Sterling rose on Thursday, firming towards a one-week high against the ‘Greenback’ despite the release of disappointing...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Jumps as US Jobless Claims Skyrocket by Over Three Million

26 Mar 2020 at 3 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Rallies as US Jobless Figures Rise to Record High The Pound Sterling US Dollar (GBP/USD) exchange rate rallied this afternoon, trading at around 1.7% higher. This left the pairing trading at around $1.2031. The US Dollar suffered significant losses today after US jobless figures rose by...

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Pound US Dollar (GBP/USD) Exchange Rate Rises as US Fed Reveals ‘Bazooka’ Stimulus Package

24 Mar 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher, Fed Outlines ‘Bazooka’ Stimulus Package The Pound US Dollar (GBP/USD) exchange rate rose by 1% today after yesterday saw the US Federal Reserve unveil its essentially unlimited quantitative easing program to support the US economy. The pairing is currently fluctuating around $1.172. Jingyi Pan, a...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Tumbles to Lowest Level Since 1985

19 Mar 2020 at 1 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Falls to Multi-Decade Lows The Pound Sterling US Dollar (GBP/USD) exchange rate continued to trade lower today although was left flat following the release of disappointing US labour market statistics. This left the pairing at around $1.1626. Traders continued to sell off the Pound in...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Plummets as Spooked Investors Rush for Dollars

18 Mar 2020 at 10 AM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Falls as Investors Rush to Safe-Havens The Pound Sterling US Dollar (GBP/USD) exchange rate slumped this morning by around -0.8% and is currently trading at around $1.2019. The Pound continued to suffer losses against the Dollar today, after Tuesday saw the pairing slump to the lowest...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steady, UK Spring Budget Uplifts Sterling

11 Mar 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Rangebound, UK Receives ‘Largest Fiscal Boost in Decades’ The Pound US Dollar (GBP/USD) exchange rate held steady today after Rishi Sunak, the newly-appointed Chancellor of the Exchequer, released the Spring Budget for the next five years. Sarah Carlson, a Senior Vice President at Moody’s, was upbeat about the...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises as UK-EU Trade Deal Still Possible

6 Mar 2020 at 11 AM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Edges Higher on Upbeat Barnier The Pound Sterling US Dollar (GBP/USD) exchange rate rallied on Friday, leaving the pairing trading at around $1.2995. The Pound was able to make gains against a weaker US Dollar following comments from the European Union’s Brexit chief negotiator, Michel...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Recovery Falters on Revived Brexit Jitters and Calming Fed Bets

26 Feb 2020 at 12 PM - Written by Tim Boyer

Yesterday’s plummet in the US Dollar in reaction to Federal Reserve speculation was ultimately short lived, and the British Pound to US Dollar (GBP/USD) exchange rate is once again under pressure today. As Pound investors finally begin to face reality on upcoming Brexit negotiations and Federal Reserve rate cut speculation softens for now,...

CATEGORIES: Pound Dollar Forecasts