Pound Dollar forecast page 31 - GBP USD
A round up of the latest Pound Dollar forecast news items from the Currency News desk.
LIVE EXCHANGE RATE |
08:31:41 |
Pound Dollar Rate » |
GBP/USD |
-0 |
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Days High |
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1.36206 |
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-0.07% |
1.35863 |
1.36307 |
1.36297 |
GBP/USD Forecast: Dollar Survives US Jobs Test, Pound Blocked at $1.2500
9 Feb 2025 at 9 PM - Written by David Woodsmith
STORY LINK GBP/USD Forecast: Dollar Survives US Jobs Test, Pound Blocked at $1.2500
The dollar dipped in immediate reaction to the latest US employment report, but quickly regained ground amid firmer underlying data and a smaller than expected benchmark revision.
At this stage, markets do not expect US interest rates will be cut below UK rates over the remainder of this year.
The Pound to Dollar (GBP/USD) exchange...
CATEGORIES: Pound Dollar Forecasts
Pound Sterling in Freefall Against Dollar and Euro Following BoE Rate Cut
6 Feb 2025 at 8 PM - Written by Frank Davies
STORY LINK Pound Sterling in Freefall Against Dollar and Euro Following BoE Rate Cut
The Pound US Dollar exchange rate plunged on Thursday following the Bank of England’s (BoE) latest interest rate decision.
At the time of writing, GBP/USD was trading at approximately $1.2411, up roughly 0.4% from the start of Thursday’s session.
Pound (GBP) Tanks as BoE Cut Rates
On Thursday, the Pound (GBP) weakened against...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Rate Hits 4-Week Best, UK Stagflation Fears to Cap Gains
6 Feb 2025 at 9 AM - Written by Frank Davies
STORY LINK Pound to Dollar Rate Hits 4-Week Best, UK Stagflation Fears to Cap Gains
Traders have continued to welcome the postponement of tariffs on Mexico and Canada while the US-China tensions have not disrupted markets at this stage.
US yields have declined, and significant dollar losses have occurred.
In this environment, the Pound to Dollar (GBP/USD) exchange rate has strengthened to 4-week highs at 1.2530...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound Ticks Higher vs Dollar Despite Strong US Labour Data
6 Feb 2025 at 9 AM - Written by Tim Boyer
STORY LINK GBP/USD Forecast: Pound Ticks Higher vs Dollar Despite Strong US Labour Data
The Pound US Dollar exchange rate firmed on Wednesday following the release of the US’s latest ADP employment change.
At the time of writing, GBP/USD was trading at approximately $1.2532, up roughly 0.4% from the start of Wednesday’s session.
On Wednesday, the US Dollar (USD) lost ground against most of its counterparts...
CATEGORIES: Pound Dollar Forecasts
The Pound to Dollar News: GBP/USD Nears $1.25 as Trump’s Tariff Strategy Shifts
5 Feb 2025 at 7 AM - Written by David Woodsmith
STORY LINK The Pound to Dollar News: GBP/USD Nears $1.25 as Trump’s Tariff Strategy Shifts
The Pound Dollar (GBP/USD) exchange rate edged higher on Tuesday as uncertainty surrounding Donald Trump’s shifting tariff policies rattled markets.
At the time of writing, GBP/USD was trading around $1.2497, 0.17% higher on the day's open.
The US Dollar (USD) remained highly reactive on Tuesday, continuing the turbulence seen at...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Forecast: GBP/USD Whipsaws on Tariff Chaos
4 Feb 2025 at 8 AM - Written by Frank Davies
STORY LINK Pound to Dollar Forecast: GBP/USD Whipsaws on Tariff Chaos
The Pound US Dollar exchange rate rebounded strongly on Monday, testing highs of $1.2437 during the Asian session on Tuesday.
At the time of writing, GBP/USD was trading at approximately $1.2412, down roughly 0.19% from the start of Tuesday’s session.
GBPUSD had slumped on Monday as fears over a global trade war following Donald...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Alert: Pound Rallies vs Dollar as Mexico Secures 1-Montb Tariff Delay
3 Feb 2025 at 4 PM - Written by David Woodsmith
STORY LINK GBP/USD Alert: Pound Rallies vs Dollar as Mexico Secures 1-Montb Tariff Delay
BREAKING: The Pound to Dollar exchange rate (GBP) jumped to 1.2420 from around 1.2330 at the US open. Risk appetite recovered strongly after Monday’s opening following reports that President Trump’s 25% tariffs on Mexico had been delayed by 1 month.
The dollar also pared gains against European currencies amid hopes that bilateral...
CATEGORIES: Pound Dollar Forecasts