Pound Dollar Forecast Directory - Page #154
A round up of the latest Pound Dollar forecast news items from the Currency News desk.
GBP to USD Exchange Rate Benefits from Bets of Conservative Win
6 Jun 2017 at 12 PM - Written by John Cameron
STORY LINK GBP to USD Exchange Rate Benefits from Bets of Conservative Win
Forex markets continue to be generally confident that the Conservative party will win a comfortable majority in this week’s upcoming UK general election, which has helped the Pound to US Dollar exchange rate to strengthen.
After a brief dip to 1.2857 on Monday morning, GBP/USD has advanced and on Tuesday morning the pair touched on a...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Trending Narrowly ahead of FOMC Meeting Minutes
24 May 2017 at 4 PM - Written by Toni Johnson
STORY LINK GBP/USD Trending Narrowly ahead of FOMC Meeting Minutes
The Pound Sterling to US Dollar exchange rate is currently stuck around opening levels as markets await the key US Federal Open Market Committee (FOMC) meeting minutes.
The accounts of the May 3rd policy meeting will give an indication into the outlook of policymakers on the US economy and monetary policy.
Should FOMC members exhibit a...
CATEGORIES: Pound Dollar Forecasts
GBP USD Exchange Rate Ticks Up on US Uncertainty over Taxes
24 Apr 2017 at 2 PM - Written by Ben Hughes
STORY LINK GBP USD Exchange Rate Ticks Up on US Uncertainty over Taxes
The Pound’s small advance against the US Dollar today follows a Confederation of British Industry (CBI) report on manufacturing and business optimism.
The CBI’s data shows manufacturing orders to be growing at their fastest pace in six years, while orders from outside the European Union were the highest ever.
The cloud to the silver...
CATEGORIES: Currency Predictions Pound Dollar Forecasts
GBP/USD Flat after Trump Calls USD Overvalued
13 Apr 2017 at 12 PM - Written by Toni Johnson
STORY LINK GBP/USD Flat after Trump Calls USD Overvalued
The Pound Sterling to US Dollar exchange rate is stuck around opening levels of 1.2541 today, as weak UK housing market data clashes with market aversion to USD.
GBP Holds Firm despite Housing Market Data Weakness
The latest house price balance from the Royal Institution of Chartered Surveyors (RICS) may have held steady at 22%, but...
CATEGORIES: Pound Dollar Forecasts
GBP USD Exchange Rate Trended Higher After Bullish Retail Sales
23 Mar 2017 at 4 PM - Written by Ben Hughes
STORY LINK GBP USD Exchange Rate Trended Higher After Bullish Retail Sales
An unexpectedly sharp uptick in UK retail sales helped to boost the Pound US Dollar exchange rate, giving investors fresh reason to pile into Sterling.
GBP Boosted by Strong Retail Sales
Sales were found to have leapt 1.4% on the month in February, making up for January’s -0.5% contraction.
This offered fresh evidence that...
CATEGORIES: Pound Dollar Forecasts
GBP USD Exchange Rate Crashes as Traders Wake Up to Harsh Brexit Realities
14 Mar 2017 at 1 PM - Written by Frank Davies
STORY LINK GBP USD Exchange Rate Crashes as Traders Wake Up to Harsh Brexit Realities
In spite of some disappointing UK wage growth figures the Pound to US Dollar exchange rate was trading bullishly on Wednesday morning.
Some measure of confidence in Sterling was inspired by an unexpected dip in the ILO unemployment rate, which fell to its lowest level since 1975 at just 4.7%.
[Previously updated 14/03/2017]
GBP...
CATEGORIES: Pound Dollar Forecasts
GBP USD Exchange Rate Slides to Six-Week Low Following GDP Report
23 Dec 2016 at 3 PM - Written by Minesh Chaudhari
STORY LINK GBP USD Exchange Rate Slides to Six-Week Low Following GDP Report
The GBP USD exchange rate continued to downtrend today as markets were concerned about a potential decline in UK growth next year despite a positive GDP report in the third quarter.
Pound US Dollar (GBP USD) Falls over Concerns for UK Growth
The Pound US Dollar (GBP USD) exchange rate is likely to end the week around two cents lower...
CATEGORIES: Pound Dollar Forecasts