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

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GBP to USD Exchange Rate Benefits from UK Job Market Report and Lasting Risk-Sentiment

19 Feb 2019 at 4 PM - Written by James Fuller

STORY LINK GBP to USD Exchange Rate Benefits from UK Job Market Report and Lasting Risk-Sentiment

Mixed UK data and Brexit uncertainties didn’t prevent the British Pound to US Dollar (GBP/USD) exchange rate from extending its recovery attempts today, as Pound investors reacted with optimism to some stats while the US Dollar’s strength was limited by optimism surrounding US-China trade developments. Last week saw GBP/USD trending...

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Pound Sterling US Dollar (GBP/USD) Exchange Rate Recovers from One-Month Low as UK Retail Sales Strengthen

15 Feb 2019 at 12 PM - Written by Frank Davies

STORY LINK Pound Sterling US Dollar (GBP/USD) Exchange Rate Recovers from One-Month Low as UK Retail Sales Strengthen

UK Retail Sales Boost Lifts Pound Sterling US Dollar (GBP/USD) Exchange Rate A better-than-expected uptick in January’s UK retail sales data helped to lift the Pound Sterling to US Dollar (GBP/USD) exchange rate from its one-month low. As sales picked up 1.2% on the month this gave investors cause for confidence, suggesting that...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Falls despite Worst US Retail Sales in Almost a Decade

14 Feb 2019 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Falls despite Worst US Retail Sales in Almost a Decade

GBP/USD Exchange Rate Falls as US Retail Sales Plummet The Pound US Dollar (GBP/USD) exchange rate is down today and is currently trading around $1.2817 on the inter-bank market. The US Dollar (USD) gained against the Pound (GBP) today despite US retail sales figures for December falling considerably below expectation by -1.2%. The...

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Pound US Dollar Exchange Rate News: GBP/USD Steady as UK Inflation Strikes Two-Year Low

13 Feb 2019 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Steady as UK Inflation Strikes Two-Year Low

Pound (GBP) Exchange Rates Stall as UK Inflation Drops to Two-Year Low The Pound US Dollar (GBP/USD) exchange rate traded in a narrow range on Wednesday morning as markets digested the UK’s latest Consumer Price Index (CPI). According to data published by the Office for National Statistics (ONS), UK inflation slumped from 2.1% to 1.8%...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises Despite US Political Tensions Easing

12 Feb 2019 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rises Despite US Political Tensions Easing

GBP/USD Exchange Rate Increases despite US Reaching Consensus on Border Security The Pound US Dollar (GBP/USD) is up today and is currently trading around $1.2850 on the inter bank market. The US Dollar (USD) fell against the Sterling (GBP) today despite the news that the US Democrats and Republicans had finally come to a consensus ‘in...

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Pound US Dollar Exchange Rate News: GBP/USD Rallies Following BoE Rate Decision

7 Feb 2019 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Rallies Following BoE Rate Decision

Pound (GBP) Exchange Rates Rebounds on Carney Rate Comments The Pound US Dollar (GBP/USD) exchange rate shot higher on Thursday afternoon, following the conclusion of the Bank of England’s first policy meeting of 2019. Unsurprisingly the bank voted to leave rates on hold this month as it warned that Brexit uncertainty continued to...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling US Dollar (GBP/USD) Exchange Rate Rises on Signs UK could Delay Departure from European Union

6 Feb 2019 at 3 PM - Written by John Cameron

STORY LINK Pound Sterling US Dollar (GBP/USD) Exchange Rate Rises on Signs UK could Delay Departure from European Union

Pound US Dollar (GBP/USD) Exchange Rate Fluctuates on Signs UK to Delay Departure from EU The Pound US Dollar (GBP/USD) exchange rate remained fairly buoyant over the morning into the start of the afternoon and is currently trading at an inter-bank rate of $1.2970. This morning the Pound rallied against the US Dollar, likely on signs...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Slides on Unexpectedly Weak UK Services PMI

5 Feb 2019 at 4 PM - Written by Frank Davies

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Slides on Unexpectedly Weak UK Services PMI

Softening UK Service Sector Drives Pound Sterling US Dollar (GBP/USD) Exchange Rate Lower As the UK service sector fell into a state of near-stagnation the Pound Sterling to US Dollar (GBP/USD) exchange rate slumped. Following on the heels of underwhelming manufacturing and construction PMIs the services PMI dropped from 51.4 to just...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Benefits as Fed Turns Cautions on Interest Rates

31 Jan 2019 at 11 AM - Written by Frank Davies

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Benefits as Fed Turns Cautions on Interest Rates

Cautious Federal Reserve Outlook Boosts Pound Sterling US Dollar (GBP/USD) Exchange Rate The Pound Sterling to US Dollar (GBP/USD) exchange rate recovered ground in the wake of the Federal Reserve’s first policy announcement of 2019. As the Fed signalled a willingness to leave interest rates on hold for longer, pausing its recent...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Flat as Brexit No-Deal Fears Rise

30 Jan 2019 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Flat as Brexit No-Deal Fears Rise

Pound (GBP) Exchange Rates Steadies Following Brexit Debate Losses The Pound US Dollar (GBP/USD) exchange rate is held just above $1.31 on Wednesday morning as Sterling fought to regain its footing after falling sharply on Tuesday evening. The GBP/USD exchange rate fell around a cent on Tuesday following a parliamentary debate on...

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