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
STORY LINK GBP to USD Exchange Rate Continues its Climb as UK Manufacturing Impresses
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
STORY LINK Pound US Dollar (GBP USD) Surges on Disappointing NFP Print
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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GBP USD Exchange Rate Under Pressure as UK Inflation Fails to Accelerate
15 Aug 2017 at 1 PM - Written by Frank Davies
STORY LINK GBP USD Exchange Rate Under Pressure as UK Inflation Fails to Accelerate
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
STORY LINK GBP to USD Exchange Rate Investors Await US Inflation Results
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...
CATEGORIES: Pound Dollar Forecasts
GBP to USD Exchange Rate Sheds Week?s Gains Ahead of US NFP Report
4 Aug 2017 at 12 PM - Written by Minesh Chaudhari
STORY LINK GBP to USD Exchange Rate Sheds Week?s Gains Ahead of US NFP Report
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...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Rises on ?Super Thursday? After Services PMI Beats Forecasts
3 Aug 2017 at 11 AM - Written by Toni Johnson
STORY LINK GBP/USD Rises on ?Super Thursday? After Services PMI Beats Forecasts
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
STORY LINK GBP to USD Exchange Rate Slips as ?Greenback? Recovers
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. ...
CATEGORIES: Pound Dollar Forecasts
GBP USD Exchange Rate Under Pressure Ahead of Second Quarter US GDP
28 Jul 2017 at 10 AM - Written by David Woodsmith
STORY LINK GBP USD Exchange Rate Under Pressure Ahead of Second Quarter US GDP
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
STORY LINK GBP USD Exchange Rate Dips on Worrying UK GDP Figures
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...
CATEGORIES: Pound Dollar Forecasts