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Pound Dollar Forecast Directory - Page #131

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

GBP to USD Exchange Rate Surges as Coronavirus Fears Cause Federal Reserve Rate Cut Bets

25 Feb 2020 at 4 PM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Surges as Coronavirus Fears Cause Federal Reserve Rate Cut Bets

The US Dollar briefly saw a boost on Monday’s safe haven demand, but today the currency fell back, shedding Monday’s gains and making it easier for the British Pound to US Dollar (GBP/USD) exchange rate to advance. As the Pound lacks much drive, the pair is gaining more on coronavirus concerns and US Dollar weakness than any UK news such...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Plummets as Safe Haven Demand Leads to USD Surge

24 Feb 2020 at 3 PM - Written by James Fuller

STORY LINK GBP to USD Exchange Rate Plummets as Safe Haven Demand Leads to USD Surge

Amid a lack of notable Brexit developments in recent sessions, the British Pound to US Dollar (GBP/USD) exchange rate has been more easily driven by a strong US Dollar today. Market concerns over the coronavirus returned in full force today, after weekend news showed that the virus had seen a worse spread through Italy than expected. While...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Edges Away from 2020 Lows as UK PMIs Beat Forecasts

21 Feb 2020 at 12 PM - Written by Minesh Chaudhari

STORY LINK GBP to USD Exchange Rate Edges Away from 2020 Lows as UK PMIs Beat Forecasts

This week’s slew of impressive UK ecostats have not been enough to stop the British Pound to US Dollar (GBP/USD) exchange rate from slumping, as Brexit uncertainties persist and the US Dollar sees strong gains in reaction to global growth speculation. Still, strong UK data did help the Pound to recover from its worst levels and the US...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Struggles to Sustain $1.30 despite Rebound in UK Inflation

19 Feb 2020 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Struggles to Sustain $1.30 despite Rebound in UK Inflation

Pound (GBP) Falters in spite of Solid Increase in Inflation The Pound (GBP) is trading on the back foot against the US Dollar (USD) and the majority of its other peers this morning, in spite of a stronger-than-expected UK consumer price index (CPI). According to data published by the Office for National Statistics (ONS), UK inflation...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Falls as Niesr Predicts Javid’s Growth Targets ‘Unrealistic’

6 Feb 2020 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Falls as Niesr Predicts Javid’s Growth Targets ‘Unrealistic’

Pound Sterling US Dollar (GBP/USD) Exchange Rate Slides as Niesr Deems Growth Targets ‘Unrealistic’ The Pound Sterling US Dollar (GBP/USD) exchange rate remained largely flat, leaving the pairing trading at around $1.2957. The Pound slumped against the Dollar today as Boris Johnson’s tough approach with the European Union...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Sheds Last Week’s Gains as Investors Head for Safe Havens

28 Jan 2020 at 3 PM - Written by James Fuller

STORY LINK GBP to USD Exchange Rate Sheds Last Week’s Gains as Investors Head for Safe Havens

A combination of domestic and global factors is keeping the US Dollar appealing today, knocking the British Pound to US Dollar (GBP/USD) exchange rate even lower following yesterday’s mixed movement. Investors were already selling the Pound on Bank of England (BoE) and Brexit speculation this week. Upcoming Federal Reserve and Bank of...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Holds Ground in Anticipation of Bank of England (BoE) Speculation

24 Jan 2020 at 9 AM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Holds Ground in Anticipation of Bank of England (BoE) Speculation

Despite US data continuing to be decent and a lack of fresh support for the Pound yesterday, the British Pound to US Dollar (GBP/USD) exchange rate was able to continue to hold its ground for most of the past day. The Pound could still see some sharp movements before markets close for the week depending on upcoming UK PMI results, while this...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Recovers Last Week’s Losses as UK Job Data Softens Bank Speculation

21 Jan 2020 at 3 PM - Written by John Cameron

STORY LINK GBP to USD Exchange Rate Recovers Last Week’s Losses as UK Job Data Softens Bank Speculation

Following a week of poor UK data in which the Pound was held back by Bank of England (BoE) interest rate cut bets, the British Pound to US Dollar (GBP/USD) exchange rate has seen a jump in demand today. The Pound is being supported by the latest UK job stats which are dousing Bank of England bets for now, while demand for the US Dollar has...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Flat as US Markets Close

20 Jan 2020 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Flat as US Markets Close

Pound Sterling US Dollar (GBP/USD) Exchange Rate Flat as Markets Focus on BoE The Pound Sterling US Dollar (GBP/USD) exchange rate remained muted as US markets closed for Martin Luther King Day, leaving the pairing trading at around $1.2989. Sterling remained under pressure as the lack of notable economic data caused markets to shift...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Dips, UK Retail Sales Fall in December

17 Jan 2020 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Dips, UK Retail Sales Fall in December

GBP/USD Exchange Rate Eases as BoE Rate Cut Fears Rise on Poor UK Retail Sales The Pound US Dollar (GBP/USD) exchange rate dipped today, with the pairing currently trading around $1.304 after December’s UK retail sales unexpectedly fell by -0.6% month-on-month, while the year-on-year figure fell below forecasts to 0.9%. Quantitative...

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