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Pound Dollar Forecast Directory - Page #148

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

GBP/USD Exchange Rate Extends Lead on Renewed Post-Brexit UK Trade Optimism

25 Jan 2018 at 4 PM - Written by Tim Boyer

Post-Brexit UK-US Trade Optimism Drives Pound (GBP) Exchange Rates Higher The Pound US Dollar (GBP/USD) exchange rate extended its lead on Thursday as markets responded to growing optimism for the possibility of a post-Brexit UK-US trade deal. US Treasury Secretary Steven Mnuchin spoke at the World Economic Forum in Davos, Switzerland,...

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GBP to USD Exchange Rate Surges Past Key 1.40 Level on UK Wages Report

24 Jan 2018 at 12 PM - Written by Ben Hughes

Thanks to Wednesday’s UK job market report, the British Pound to US Dollar exchange rate has continued to see solid gains. Pound Investors were particularly impressed by Britain’s latest wage growth data, which beat expectations slightly and boosted Bank of England (BoE) rate hike bets. Despite nearing the key psychological resistance...

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GBP/USD Exchange Rate Relinquishes Early Gains as UK Retail Sales Plummet

19 Jan 2018 at 12 PM - Written by John Cameron

After making some strong gains at the start of this morning’s session the Pound US Dollar (GBP/USD) exchange rate has found itself forced to retreat in the wake of some disappointing UK retail sales figures. Pound (GBP) Gains Trimmed as Domestic Retail Sales Nosedive Sterling’s advance against the US Dollar was brought to an abrupt...

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GBP to USD Exchange Rate Jumps Half a Cent on Rising Global Growth Outlook

15 Jan 2018 at 3 PM - Written by Minesh Chaudhari

Despite last week’s strong US inflation report, the British Pound to US Dollar exchange rate has continued to climb since markets opened this week. Market hopes for a ‘soft Brexit’, as well the rising global growth outlook, have made it difficult for the US Dollar to hold its ground. Thanks to soft Brexit hopes, GBP/USD surged last...

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GBP USD Exchange Rate Volatile Following Impressive US Employment Report

5 Jan 2018 at 10 AM - Written by John Cameron

The Pound US Dollar (GBP USD) exchange rate is trading a little erratically this morning after the pairing tumbled yesterday in the face of impressive US employment data. US Dollar (USD) Fluctuates in Wake of Employment Data After a rough start to 2018 the US Dollar finally found some respite on Thursday following a better than...

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GBP to USD Exchange Rate Climbs as ?Safe Haven? Appetite Falls

4 Jan 2018 at 4 PM - Written by Minesh Chaudhari

Despite some strong US data and concerns that Britain’s economic activity could slow further in 2018, the British Pound to US Dollar exchange rate advanced on Thursday afternoon. Sterling benefitted from weaker demand for ‘safe haven’ currencies like the US Dollar as the global growth outlook improved. Following advances in November...

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GBP/USD Exchange Rate Slumps on Disappointing UK Construction Stats

3 Jan 2018 at 5 PM - Written by Tim Boyer

On Tuesday, the Pound to US Dollar exchange rate saw a minor improvement from the start of trading. GBP/USD opened in the region of 1.3511, later closing daily trading higher in the region of 1.3594. Construction Sector Slowdown Leads to GBP/USD Exchange Rate Decline The Pound to US Dollar rate has been weakened by domestic data...

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Pound US Dollar (GBP USD) Exchange Rate Extends Gains on ?Greenback? Apathy

29 Dec 2017 at 2 PM - Written by Toni Johnson

The Pound US Dollar (GBP USD) exchange rate extended its gains on Friday, bolstered by fresh weakness in the Euro caused by apprehensions regarding the upcoming Italian general election and an ongoing lack of demand for the ‘Greenback’. Pound (GBP) Exchange Rates Capitalise on Eurozone Political Woes The Pound is on track to end...

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2018 GBP/USD Exchange Rate Outlook: UK Wages and Chinese Economy in Focus

27 Dec 2017 at 11 AM - Written by Tim Boyer

On the week leading up to Christmas, the Pound to US Dollar exchange rate rose from an opening level of 1.3324 on Monday to close higher at 1.3360 on Friday. This advance came on a mixed week for UK data, which included falling consumer confidence and an expanding borrowing deficit. The headline news came on 22nd December, when UK GDP...

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GBP to USD Exchange Rate Remains Near Weekly Highs Despite Tax Bill Passage

20 Dec 2017 at 11 AM - Written by James Fuller

Despite a lack of supportive factors in Pound trade, the British Pound to US Dollar exchange rate has advanced from its recent lows this week. Amid uncertainty about the 2018 US economic outlook, the US Dollar was unable to benefit from news that the US tax bill had passed major obstacles in Congress. After slipping from 1.3385 to 1.3321...

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