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Pound Dollar forecast page 2 - GBP USD

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

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Pound US Dollar Exchange Rate Sinks as Brexit Cliff-Edge Fears Continue to Haunt UK Markets

23 Dec 2019 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as UK Economic Outlook Dampened by Brexit The Pound US Dollar (GBP/USD) exchange rate fell by -0.4% today, with the pairing currently trading around $1.294 as markets continue to react negatively to Prime Minister Boris Johnson’s new Withdrawal Agreement Bill, which limits the ‘transition period’ for the...

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Pound US Dollar (GBP/USD) Exchange Rate Sinks as Boris Johnson Seeks to Cap Brexit Transition Period

17 Dec 2019 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Falls, No-Deal Brexit Fears Return The Pound US Dollar (GBP/USD) exchange rate fell by -0.8% today, with the pairing currently trading around $1.316 following news that Prime Minister Boris Johnson would attempt to put into law a prohibition to any extension to the Brexit transition period beyond December 2020....

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Pound to Dollar Exchange Rate: GBP/USD Slips Back from Year and a Half Best as Brexit Speculation Returns

13 Dec 2019 at 12 PM - Written by John Cameron

Following a sharp surge in reaction to UK General Election news last night, investors sold the British Pound to US Dollar (GBP/USD) exchange rate back from its best levels today as markets looked ahead to what was next for the Brexit process and Britain’s economy. Meanwhile, the US Dollar was easily able to push the pair back down from its...

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GBP to USD Exchange Rate Tests Fresh 8-Month-Best despite Concerns on UK Economic Outlook

10 Dec 2019 at 3 PM - Written by Frank Davies

Concerns about the US economic outlook, combined with US-China trade war fears and UK General Election hopes, are making it easier for the British Pound to US Dollar (GBP/USD) exchange rate to hold its best levels this week. The Pound outlook is sensitive though, and could see significant shifts depending on how Thursday’s election unfolds....

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GBP to USD Exchange Rate Slips from Highs but Dollar Strength Limited

28 Nov 2019 at 3 PM - Written by Toni Johnson

Due to a combination of lingering UK election uncertainty and yesterday’s strong US data, the British Pound to US Dollar (GBP/USD) exchange rate has struggled to hold its best weekly levels. However, the pair is still trending strongly overall thanks to the latest UK election polls, as well as fresh US-China trade uncertainties weighing on...

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Pound US Dollar Exchange Rate Rises, Markets React Positively to Tory Manifesto

25 Nov 2019 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher, Tories Maintain Lead in Opinion Polls The Pound US Dollar (GBP/USD) exchange rate rose by 0.5% today, with the pairing currently trading around $1.290 after markets reacted generally positively to the Conservative’s release of its long-awaited manifesto on Sunday. Josh Hardie, deputy director-general...

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Pound US Dollar (GBP/USD) Exchange Rate Left Flat as Fed Pauses Easing Cycle

21 Nov 2019 at 11 AM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Muted as Fed in No Hurry to Reassess Interest Rate Paths The Pound Sterling US Dollar (GBP/USD) exchange rate was left muted, with the pairing currently trading at an inter-bank rate of $1.2947. The US Federal Reserve’s meeting minutes revealed that policymakers decided to pause its...

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Pound US Dollar (GBP/USD) Exchange Rate Momentum Limited Thanks to UK Retail Sales Decline

14 Nov 2019 at 4 PM - Written by Frank Davies

Underwhelming UK Retail Data Limits Pound Sterling US Dollar (GBP/USD) Exchange Rate Upside October’s UK retail sales data failed to impress investors, leaving the Pound Sterling to US Dollar (GBP/USD) exchange rate on a weaker footing. As sales excluding auto fuel unexpectedly contracted -0.2% on the month this undermined confidence...

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Pound US Dollar (GBP/USD) Exchange Rate Subdued as UK Inflation Disappoints Forecast

13 Nov 2019 at 4 PM - Written by Frank Davies

Disappointing UK Inflation Sees Pound Sterling US Dollar (GBP/USD) Exchange Rate Struggle A weaker-than-expected UK consumer price index kept the Pound Sterling to US Dollar (GBP/USD) exchange rate on a softer footing on Wednesday. While forecasts had pointed towards an easing in the headline inflation rate investors were still...

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Pound Sterling to Dollar Exchange Rate: Sterling Sheds Value vs Dollar Further Ground on Improved US Consumer Confidence

8 Nov 2019 at 4 PM - Written by Frank Davies

As the University of Michigan (UoM) consumer sentiment index showed a modest improvement on the month the Pound Sterling to US Dollar (GBP/USD) exchange rate shed further ground. With US consumer sentiment proving resilient in the face of ongoing trade tensions with China and the EU the risk of weaker economic growth appeared to...

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