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Pound Dollar Forecast Directory - Page #152

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

GBP to USD Exchange Rate Continues its Climb as UK Manufacturing Impresses

8 Sep 2017 at 12 PM - Written by Minesh Chaudhari

Despite mixed UK data over the past week, investors have been buying the undervalued Pound from its lows, helping the British Pound to US Dollar to advance. The ‘Greenback’ has been held back by underwhelming US data and low Fed rate hike bets. After a modest gain last week, the GBP/USD exchange rate has seen a much stronger climb in...

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Pound US Dollar (GBP USD) Surges on Disappointing NFP Print

1 Sep 2017 at 4 PM - Written by Ben Hughes

The Pound to US Dollar exchange rate surged to a two-week high this afternoon in the wake of a disappointing US jobs report. The headline report on non-farm payrolls demonstrated an increase of 156,000in August, significantly lower than the downwardly revised 189,000 in July and indeed lower than market expectations of some 180,000....

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Pound US Dollar (GBP USD) Fluctuates as Geopolitical Tensions Rise

29 Aug 2017 at 6 PM - Written by Frank Davies

Both the Pound and the US Dollar found themselves awash today, afflicted by their own respective maladies and fluctuating in somewhat steady form. Whilst the Pound started the day climbing against the US Dollar in the wake of hurricane Harvey, it soon pared its gains on the release of the UK’s housing price figures for August....

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GBP USD Exchange Rate Under Pressure as UK Inflation Fails to Accelerate

15 Aug 2017 at 1 PM - Written by Frank Davies

Investors were not impressed by the latest UK consumer price index data, leaving the Pound US Dollar exchange rate on a sharp slump. As inflation unexpectedly held steady at 2.6% on the year in July this further undermined bets that the Bank of England (BoE) could still raise interest rates before the end of the year. Signs continued to...

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GBP to USD Exchange Rate Investors Await US Inflation Results

11 Aug 2017 at 11 AM - Written by Tim Boyer

Despite strong demand for ‘safe haven’ currencies this week, the British Pound to US Dollar exchange rate has only seen modest losses. The pair could see a stronger shift in movement when US inflation results are published. After opening this week at the level of 1.3037, GBP/USD slipped slightly and has trended near a three-week-low of...

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GBP to USD Exchange Rate Sheds Week?s Gains Ahead of US NFP Report

4 Aug 2017 at 12 PM - Written by Minesh Chaudhari

Despite broad US Dollar weakness lately, the British Pound to US Dollar exchange rate shed its weekly gains on Thursday as investors reacted to the latest Bank of England (BoE) news and awaited Friday’s key US data. The pair currently trends near the week’s opening levels of 1.3132, but as recently as yesterday GBP/USD hit a fresh 2017...

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GBP/USD Rises on ?Super Thursday? After Services PMI Beats Forecasts

3 Aug 2017 at 11 AM - Written by Toni Johnson

The British Pound to US Dollar exchange rate has struck a fresh 11-month high today in anticipation of the upcoming Bank of England (BoE) releases. GBP/USD is trading at $1.3251, supported also by a stronger-than-expected uptick in the UK’s latest services PMI. Britain’s dominant sector saw the purchasing manager’s index from...

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GBP to USD Exchange Rate Slips as ?Greenback? Recovers

31 Jul 2017 at 4 PM - Written by John Cameron

While bets that the Federal Reserve will hike US interest rates again before the end of 2017 have fallen, the British Pound to US Dollar exchange rate slipped on Monday as investors bought the US Dollar after poor performance last week. Due largely to US Dollar weakness, GBP/USD advanced from 1.2994 to 1.3132 during last week’s trade. ...

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GBP USD Exchange Rate Under Pressure Ahead of Second Quarter US GDP

28 Jul 2017 at 10 AM - Written by David Woodsmith

Some of the air went out of the Pound US Dollar exchange rate’s sails in the wake of a disappointing UK GfK consumer confidence index, which edged deeper into negative territory. Clocking in at -12 the survey returned to the lows seen in the immediate wake of the Brexit vote, with consumers showing increased concern over their finances...

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GBP USD Exchange Rate Dips on Worrying UK GDP Figures

26 Jul 2017 at 12 PM - Written by John Cameron

The Pound US Dollar (GBP USD) exchange rate continues to slide this morning as the UK’s GDP figures did little to bolster confidence in the UK economy. Lacklustre UK GDP Appears to Confirm Economic Slowdown Sterling struggled to repel the US Dollar’s advance this morning as the first estimate of the UK’s second quarter GDP was...

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