Pound Dollar forecast page 19 - GBP USD

Pound US Dollar (GBP/USD) Exchange Rate Rallies as Risk-On Trade Wounds USD The Pound US Dollar (GBP/USD) exchange rate soared on Wednesday, as healthy risk appetite across the session saw the safe-haven US Dollar weaken against most major peers. At the time of writing, GBP/USD traded at around US$1.2055, an increase of roughly 0.7%...

Pound US Dollar (GBP/USD) Exchange Rate Rises amid Risk-On Impulse The Pound US Dollar (GBP/USD) exchange rate climbed on Thursday. A risk-on impulse pushed the currency pair higher. Additionally, the latest US jobless claims figures prompted a mild pullback in bets of further interest rate hikes from the Federal Reserve. This also...

Pound (GBP) Strengthened Despite Overwhelming Strike Action The Pound (GBP) strengthened considerably against the US Dollar on Wednesday, despite sweeping industrial action weighing on the UK economy. Border Force have resumed strike action along with railway workers after the festive period. Travel delays are to be expected as passport...

Pound US Dollar (GBP/USD) Exchange Rate Boosted by Risk-On Mood The Pound US Dollar (GBP/USD) exchange rate rose on Friday. A risk-on market mood bolstered the currency pair despite a lack of UK data. Poor US data releases also weighed on GBP/USD. Poor durable goods figures and evidence of cooling inflation saw investors pare back...

Pound US Dollar (GBP/USD) Narrows as UK Industrial Action Continues The Pound (GBP) was rudderless against the US Dollar on Tuesday, as domestic headlines in the UK remained the focus for investors amidst a lack of impactful economic data. At the time of writing, GBP/USD traded at around US$1.2161, showing little movement from...

Pound (GBP) Tumbled after BoE Hiked the Cash Rate to 3.5% The Pound (GBP) sank on Thursday in the wake of the Bank of England (BoE) raising interest rates by an expected 50bps. Despite meeting expectations of a half percent rise, the ever-gloomy economic climate failed to lift investors. Without an accompanying statement from the BoE...

Pound US Dollar (GBP/USD) Exchange Rate Rises amid Risk-On Mood The Pound US Dollar (GBP/USD) exchange rate climbed on Wednesday. The currency pair was bolstered by expectations of a 50bps interest rate hike from the Bank of England (BoE) later this week. GBP/USD saw its gains capped amid a pullback in risk appetite, however. At...

GBP/USD Exchange Rate Wavers Higher as US awaits CPI Report The Pound to US Dollar (GBP/USD) exchange rate fluctuated higher on Tuesday, as investors awaited key US inflation data. At time of writing the GBP/USD exchange rate traded at around $1.22964, which was roughly up 0.2% from Tuesday’s opening levels. US Dollar (USD)...

GBP/USD Exchange Rate Wavers amid Mixed Trading Signals The Pound to US Dollar (GBP/USD) exchange rate traded in a wide range on Friday amid new financial regulation in the UK and a lukewarm US data release. At time of writing the GBP/USD exchange rate traded at around $1.2261, which was marginally higher than Friday’s opening...

Pound US Dollar (GBP/USD) Exchange Rate Rises as UK Public Expects Higher Inflation The Pound US Dollar (GBP/USD) exchange rate firmed on Friday, as the latest UK public inflation expectation data edged higher. At the time of writing, GBP/USD traded at around US$1.2261, an increase of roughly 0.2% from Friday’s opening rates. ...