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Pound Dollar forecast page 33 - GBP USD

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

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GBP/USD Forecast: Pound to US Dollar Exchange Rate Advances Steadily as USD Tumbles

14 Apr 2021 at 4 PM - Written by Ben Hughes

Optimism about Britain’s coronavirus recovery outlook is keeping the British Pound to US Dollar (GBP/USD) exchange rate trending with an upside bias today, as investors sell the US Dollar again. The US Dollar’s strength from earlier in the week has already faded as the latest US inflation data has done little to support the hawkish bets...

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Pound US Dollar Exchange Rate Steady: USD Rises as Joe Biden Announces Infrastructure Stimulus Package

1 Apr 2021 at 12 PM - Written by John Cameron

GBP/USD Exchange Rate Rangebound as ‘Greenback’ is Buoyed by Safe-Haven Demand The Pound US Dollar exchange rate held steady today following President Joe Biden’s announcement of a $2 trillion infrastructure stimulus package. The pairing is currently fluctuating around $1.37. Mr. Biden commented on the stimulus plan: ‘It is...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Struggles to Advance as US Outlook Continues to Improve

31 Mar 2021 at 4 PM - Written by Tim Boyer

Despite some stronger than expected UK data and continued attempts for the Pound to advance, the British Pound to US Dollar (GBP/USD) exchange rate has been struggling so far this week. The US Dollar continues to ramp up strength and firm higher as markets become more confident in the US recovery outlook, and upcoming news and data may be...

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Pound Swiss Franc (GBP/CHF) Exchange Rate Sinks as Risk-Off Market Mood Drive Demand for Safe-Haven Currencies

25 Mar 2021 at 5 PM - Written by John Cameron

GBP/CHF Exchange Rate Falls as Souring Risk Sentiment Boost Safe-Haven Swiss Franc The Pound Swiss Franc (GBP/CHF) exchange rate fell today as risk-off market mood has driven demand for the safe-haven Swiss currency. The pairing is currently trading around 1.29fr. Today also saw the Swiss National Bank hold interest rates at -0.75%,...

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Pound to Dollar Weekly Forecast: GBP/USD Exchange Rate Rangebound as Markets Await Outcome of EU Vaccine Summit

25 Mar 2021 at 3 PM - Written by John Cameron

The Pound to US Dollar exchange rate is rangebound this afternoon as Pound investors await the outcome of the EU vaccine summit. At the time of writing the pair are currently trading at around $1.3726 with the US Dollar supported by better-than-expected GDP growth and decrease in jobless claims from the US. Pound Sterling (GBP) Exchange...

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Pound to Dollar Rate Slides Sharply

23 Mar 2021 at 3 PM - Written by John Cameron

Pound Dollar Exchange Rate Sinks as UK-EU Vaccine Tensions Dampen UK Market Confidence The Pound US Dollar (GBP/USD) exchange rate fell by -0.5% following yesterday’s comments from Prime Minister Boris Johnson, who warned that Europe’s third-wave of Covid-19 infections will ‘wash up on our shores’. The pairing is currently...

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GBP/USD Forecast: Pound to US Dollar (GBP/USD) Exchange Rate Slips as UK Data Fails to Bolster UK Outlook

12 Mar 2021 at 11 AM - Written by Frank Davies

Despite some stronger than expected UK data today, the British Pound to US Dollar (GBP/USD) exchange rate slipped from its best levels all week. The US Dollar has also been recovering slightly from its mid-week slump, overall ending a mixed week which saw strong performance from both the Pound and US Dollar. Looking ahead, key US data and...

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GBP/USD Outlook: Pound-Dollar Rises as UK Business and Consumer Confidence Hit Year-Highs

8 Mar 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher on Positive UK Business Morale The Pound to US Dollar (GBP/USD) exchange rate rose today following a bout of upbeat UK economic news. The pairing is currently fluctuating around $1.38. Today saw UK business confidence hit 12-month highs. The BDO’s Services Optimism Index beat forecasts, rising to...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Driven Lower as US Payrolls Surge

5 Mar 2021 at 2 PM - Written by Frank Davies

Pound (GBP) Exchange Rates Slip Thanks to Disappointing UK House Price Growth As the Halifax house price index failed to show positive growth on the month this left the Pound to US Dollar (GBP/USD) exchange rate trending lower. Following on from January’s -0.4% contraction the index dipped another -0.1% last month, suggesting a...

CATEGORIES: Pound Dollar Forecasts

Euro to US Dollar (EUR/USD) Exchange Rate Steady on Underwhelming Eurozone Data

3 Mar 2021 at 5 PM - Written by John Cameron

EUR/USD Exchange Rate Rangebound as EU Lockdowns Weigh on Eurozone Economy The Euro to US Dollar (EUR/USD) exchange rate was largely muted today, with the pairing currently fluctuating around $1.20. The Euro has suffered this week owing to largely underwhelming Eurozone economic data. Germany’s retail sales for January tumbled by -4.5,...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts