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Pound Dollar Forecast Directory - Page #150

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

Pound US Dollar Exchange Rate Recovers Ground on Positive UK Trade Data

10 Nov 2017 at 12 PM - Written by David Woodsmith

STORY LINK Pound US Dollar Exchange Rate Recovers Ground on Positive UK Trade Data

A generally better-than-expected raft of UK trade and production data offered the Pound US Dollar exchange rate support ahead of the weekend. Markets were pleasantly surprised to find that September’s visible trade deficit had narrowed to -11.2 billion, rather than the -12.8 billion that had been forecast. While a significant degree...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Tumbles as Government Instability Prompts Brexit Concerns

9 Nov 2017 at 2 PM - Written by John Cameron

STORY LINK GBP USD Exchange Rate Tumbles as Government Instability Prompts Brexit Concerns

The Pound US Dollar (GBP USD) exchange rate tumbled this morning as investors fear that the recent chaos in the UK government will hamper Brexit negotiations Sterling Weakened by Apparent Political Instability/ The Pound beat a hasty retreat against the US Dollar earlier this morning as markets became increasingly downbeat on the...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Falls to Near Week?s Opening Levels on UK Political Uncertainty

8 Nov 2017 at 5 PM - Written by Toni Johnson

STORY LINK GBP to USD Exchange Rate Falls to Near Week?s Opening Levels on UK Political Uncertainty

A lack of strong UK economic data as well as fresh UK political uncertainties caused the British Pound to US Dollar exchange rate to fall back from its weekly highs on Wednesday. The US Dollar struggled to capitalise due to tax reform uncertainty. After trending near a high of 1.3175 for most of the week so far, the GBP/USD exchange rate...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Recovers Ground on Strong UK Services PMI

3 Nov 2017 at 10 AM - Written by Tim Boyer

STORY LINK Pound US Dollar Exchange Rate Recovers Ground on Strong UK Services PMI

Although the Bank of England (BoE) opted to raise interest rates at its November policy meeting this failed to buoy the Pound US Dollar exchange rate. In fact, Sterling slumped sharply in the wake of the announcement as investors were discouraged by the less hawkish nature of the accompanying meeting minutes and Inflation Report. As the...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Trends Higher on Stronger UK Manufacturing Sector

1 Nov 2017 at 10 AM - Written by Frank Davies

STORY LINK GBP USD Exchange Rate Trends Higher on Stronger UK Manufacturing Sector

An unexpected uptick in the UK manufacturing PMI for October helped to support the Pound US Dollar exchange rate, encouraging greater confidence in the domestic outlook. The index strengthened from 56.0 to 56.3 on the month, indicating that the manufacturing sector is continuing to experience solid growth in spite of persistent...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Slides as Investors Await US Growth Stats

27 Oct 2017 at 11 AM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Slides as Investors Await US Growth Stats

Investors are becoming increasingly optimistic about the chances of a December Federal Reserve interest rate hike and are more uncertain about the possibility of a Bank of England (BoE) rate hike in November, which has caused the British Pound to US Dollar exchange rate to plunge. At the time of writing this article, the GBP/USD exchange...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Fluctuates as Investors Speculate on Next Possible Fed Chair

24 Oct 2017 at 1 PM - Written by Minesh Chaudhari

STORY LINK GBP to USD Exchange Rate Fluctuates as Investors Speculate on Next Possible Fed Chair

Market jitters about the Brexit process have eased in recent sessions, but now concerns about the Bank of England (BoE) policy outlook are weighing on the British Pound to US Dollar exchange rate outlook instead. The US Dollar has been unable to capitalise due to Federal Reserve Chair uncertainty. Volatility in both currencies has caused...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Slides as UK Manufacturing Data Disappoints

23 Oct 2017 at 3 PM - Written by John Cameron

STORY LINK GBP USD Exchange Rate Slides as UK Manufacturing Data Disappoints

The Pound US Dollar (GBP USD) exchange rate beat a hasty retreat this morning as the pairing was stung by the release of monthly survey data for Britain’s manufacturing sector. Sterling Slips on lacklustre CBI Manufacturing Reports The Pound is trending lower at the start of this week’s session as a markets reacted to a damning...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Recovers Ground on Hopes for Brexit Progress

20 Oct 2017 at 11 AM - Written by David Woodsmith

STORY LINK GBP USD Exchange Rate Recovers Ground on Hopes for Brexit Progress

Although last night’s meeting of EU leaders yielded some positive comments this was not enough to particularly boost the Pound US Dollar exchange rate. Even so, confidence in the Pound recovered somewhat as investors took encouragement from signs that EU negotiators could start to prepare for the second phase of talks before the end of...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Slumps as New York Manufacturing Activity Surges

16 Oct 2017 at 3 PM - Written by John Cameron

STORY LINK GBP USD Exchange Rate Slumps as New York Manufacturing Activity Surges

The Pound US Dollar (GBP USD) exchange rate slipped by nearly half a cent this afternoon after the US released some impressive economic data. US Dollar Strengthened by Upbeat Manufacturing Figures The US Dollar struck higher in afternoon trade today as the Empire State Manufacturing Survey reported that New York factory activity saw a...

CATEGORIES: Pound Dollar Forecasts

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