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Pound Dollar Forecast Directory - Page #153

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

GBP to USD Exchange Rate Recovers as Federal Reserve Rate Hike Bets Remain Weak

24 Jul 2017 at 1 PM - Written by John Cameron

Despite poor UK ecostats last week, the British Pound to US Dollar exchange rate began to recover on Monday. This was largely due to ‘Greenback’ weakness, as investors increasingly doubt the Federal Reserve will hike US interest rates a third time before the end of 2017. Last week saw GBP/USD briefly hit a 2017 high of 1.3119 before...

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GBP USD Update: Continued US Uncertainty Drags US Dollar Down

21 Jul 2017 at 3 PM - Written by Toni Johnson

The Pound has pushed through negative UK news today, advancing by 0.2% against the US Dollar. GBP News: Sterling Recovers after Trader Panic on Government Borrowing The Pound has been on a rollercoaster ride today, initially trading around 1.2962 against the US Dollar due to concerns about public sector borrowing. In June, the...

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USD GBP Exchange Rate Rises during Ongoing Obamacare Troubles

19 Jul 2017 at 3 PM - Written by Toni Johnson

The latest news in the US has been that Republican efforts to repeal the Affordable Care Act (ACA) have stumbled. Rising US Homebuilding Triggers USD GBP Advance Despite the limiting factor of political issues, the US Dollar has made a gain against the Pound today. This comes after a rise in US building permits and housing...

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GBP to USD Exchange Rate Plunges Despite US Political Uncertainties

18 Jul 2017 at 12 PM - Written by David Woodsmith

Forex markets have seen volatility already this week, as the British Pound to US Dollar exchange rate reacts to disappointing US news and lower-than-expected UK inflation results. The pair is lower on Tuesday as Bank of England (BoE) tightening bets drop. After a surge from 1.2888 to 1.3095 last week, GBP/USD briefly touched on a 2017 high...

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GBP to USD Exchange Rate Slips as Investors Await Fresh Brexit Talks

17 Jul 2017 at 4 PM - Written by Ben Hughes

Despite a drop in Federal Reserve interest rate hike bets and underwhelming US ecostats, the British Pound to US Dollar exchange rate slipped when markets opened this week. It has sustained most of last week’s advances however. Federal Reserve uncertainty has seen GBP/USD advance in recent weeks. Last week, GBP/USD advanced from 1.2888...

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GBP to USD Exchange Rate Recovers from Lows as UK Employment Stats Beat Expectations

12 Jul 2017 at 1 PM - Written by Minesh Chaudhari

Dovish comments from Bank of England (BoE) officials this week have left the British Pound to US Dollar exchange rate weaker, though the pair was able to recover from its lows on Wednesday due to decent UK employment stats and a weaker US Dollar. Due to weakness in both currencies, GBP/USD has seen volatility this week. The pair started...

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USD GBP Exchange Rate Rallies as UK Data Disappoints

7 Jul 2017 at 11 AM - Written by John Cameron

The US Dollar Pound (USD GBP) exchange rate skyrocketed this morning, recouping the majority of Thursday losses as the UK posted some disappointing economic data. Pound (GBP) Plummets as UK Trade Deficit Widens The Pound slumped against the US Dollar this morning as the Office for National Statistics (ONS) delivered a smattering of...

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GBP USD Exchange Rate Slumps as UK GDP Slows in Q1

30 Jun 2017 at 1 PM - Written by Toni Johnson

While today’s UK GDP stats have met with forecasts, this has failed to provide any support to the GBP USD exchange rate. Pound Slumps as UK GDP Worsens in Q1 Today’s UK GDP data has weakened the Pound against the US Dollar, due to its implications. The finalised Q1 GDP figures have shown a slight annual rise, but a...

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GBP/USD Ekes Out Mild Gains Ahead of Financial Stability Report and Yellen Speech

27 Jun 2017 at 11 AM - Written by John Cameron

Investors interested in the Pound or the US Dollar today are holding their breath ahead of two key developments. This has left the GBP/USD exchange rate able to advance 0.3% to 1.2750 ahead of the Bank of England’s (BoE) Financial Stability Report and a speech from Federal Reserve Chairwoman Janet Yellen. These both have the potential...

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GBP USD Exchange Rate Strengthens as Brexit Talks Set to Begin

19 Jun 2017 at 12 PM - Written by John Cameron

The Pound US Dollar (GBP USD) exchange rate rallied at the start of the European session this morning as investors appeared unusually optimistic at the start of formal Brexit negotiations. Investor Optimistic as Brexit Talks Get Underway At the time of writing Sterling is up by around 0.15% against the US Dollar today as markets seem...

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