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Pound Dollar forecast page 31 - GBP USD

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

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Foreign Exchange Rates - EUR/USD on the Slide While GBP Suffers Following BoE Rate Decision

11 Mar 2011 at 10 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates - EUR/USD on the Slide While GBP Suffers Following BoE Rate Decision

The Euro Dollar exchange rate (EUR/USD) is 1.3788 . The Euro Pound exchange rate is 0.8614 A huge earthquake of 8.9 magnitude has struck the North-Eastern part of Japan in the last few hours. The quake has led to fires in Japan’s capital city and caused a huge Tsunami, which the Red Cross warns is larger than several Pacific Islands. A...

CATEGORIES: American Dollar Forecasts Euro Forecasts Pound Dollar Forecasts Pound Euro Forecasts P Forecasts

Pound Euro Exchange Rates ? GBP/EUR Trades Up While EUR and AUD Lose Ground

10 Mar 2011 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rates ? GBP/EUR Trades Up While EUR and AUD Lose Ground

The Pound Dollar exchange rate (GBP/USD) is 1.6088. The Pound Euro exchange rate (GBP/EUR) is 1.1643 . The Bank of England Monetary Policy Committee voted to maintain interest rates at their current record low level of 0.50% earlier today, in line with analysts’ expectations. The announcement had little effect on relative levels of...

CATEGORIES: American Dollar Forecasts Euro Forecasts Pound Dollar Forecasts Pound Euro Forecasts P Forecasts

Exchange Rates : Pounds to Euros - GBP/EUR Steady While EUR and AUD Lose Support

9 Mar 2011 at 8 AM - Written by John Cameron

STORY LINK Exchange Rates : Pounds to Euros - GBP/EUR Steady While EUR and AUD Lose Support

The Pound Euro exchange rate (GBP/EUR) is 1.1658 . The Pound Dollar exchange rate (GBP/USD) is 1.6184 . Yesterday morning’s downgrading of Greece’s debt rating by leading ratings agency Moody’s failed to cause the haemorrhaging of support for the Euro that many analysts had expected. There are two main reasons behind the...

CATEGORIES: American Dollar Forecasts Euro Forecasts Pound Dollar Forecasts Pound Euro Forecasts P Forecasts

Pounds To Euros - GBP/EUR Trades Higher While USD Holds its Ground

8 Mar 2011 at 12 PM - Written by John Cameron

STORY LINK Pounds To Euros - GBP/EUR Trades Higher While USD Holds its Ground

Pound Dollar exchange rate (GBP/USD) is 1.6153. The Pound Euro exchange rate (GBP/EUR) is 1.1619. In recent weeks, the Euro has made gains against both Sterling and the US Dollar, thanks to persistently hawkish comments from European Central Bank President Jean Claude Trichet and other members of the ECB governing council. These comments...

CATEGORIES: American Dollar Forecasts Euro Forecasts Pound Dollar Forecasts Pound Euro Forecasts P Forecasts

Pound Dollar Rate - GBP/USD tests Higher as Dollar Loses Support, Euro Gains

7 Mar 2011 at 11 AM - Written by John Cameron

STORY LINK Pound Dollar Rate - GBP/USD tests Higher as Dollar Loses Support, Euro Gains

The Pound Dollar exchange rate (GBP/USD) is 1.6259. The Pound Euro exchange rate is 1.1606. Last week’s better-than-anticipated US labour market data provided more evidence that the US economy is strengthening. The figures showed that almost 200,000 new positions were created in the non-farm sector last month. The figures also contained...

CATEGORIES: American Dollar Forecasts Euro Forecasts Pound Dollar Forecasts Pound Euro Forecasts P Forecasts

Foreign Exchange Rates ? GBP/EUR Edges Downwards as USD Remains Weak

7 Mar 2011 at 9 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates ? GBP/EUR Edges Downwards as USD Remains Weak

The Pound Euro exchange rate (GBP/EUR) is 1.1.646. In a significant development this morning, leading ratings agency Moody’s has downgraded Greek sovereign debt from B1 to Ba1. In an accompanying commentary, Moody’s alluded to the massive effort which will be needed by Greece to overcome its national debt crisis. Moody’s also...

CATEGORIES: American Dollar Forecasts Euro Forecasts Pound Dollar Forecasts Pound Euro Forecasts P Forecasts

Pound Dollar Rate ? GBP/USD Trades Down While EUR Breaks 1.40 Against USD

4 Mar 2011 at 1 PM - Written by John Cameron

STORY LINK Pound Dollar Rate ? GBP/USD Trades Down While EUR Breaks 1.40 Against USD

The release of the most recent weekly Initial Jobless figure in the States caused some positive sentiment regarding the strength of the real economy in the States. The figure came out almost 30,000 below expectations at 368,000 new claims. This provided grounds for optimism that this Afternoon’s key Non-Farm Payrolls figure for February...

CATEGORIES: American Dollar Forecasts Euro Forecasts Pound Dollar Forecasts Pound Euro Forecasts P Forecasts

Foreign Exchange Rates : GBP/USD Rate Trades Higher

28 Feb 2011 at 10 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates : GBP/USD Rate Trades Higher

The Dollar has had a losing start to the week and is currently trading down by over 0.5% on the day against both the Pound Sterling and the Euro. Events in Libya look to be moving towards a conclusion, with anti-government forces gaining control of increasing swathes of the country and the international community calling for Colonel...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Currency Report : Bank of England Minutes See Sterling Exchange Rate Hold Steady

23 Feb 2011 at 12 PM - Written by John Cameron

STORY LINK Currency Report : Bank of England Minutes See Sterling Exchange Rate Hold Steady

Minutes of the Bank of England’s February Monetary Policy Committee meeting, released earlier today, showed that the UK’s Central Bank is gradually edging closer to raising interest rates. Three members of the nine man committee voted for a rate hike, as Spencer Dale, the Bank’s Chief Economist, joined members Andrew Sentance and Martin...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

US Dollar is Weighed Down by Improved Risk Sentiment

8 Feb 2011 at 12 PM - Written by John Cameron

STORY LINK US Dollar is Weighed Down by Improved Risk Sentiment

Initial impressions of last Friday’s Non-Farm Payroll figure for January were that it showed a concerning underlying weakness in the US labour market. At face value, the headline figure of 36,000 new jobs being created in the month versus analysts’ expectations of 146,000 was highly disappointing. The US Dollar gained ground across the...

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