Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Dollar forecast page 35 - GBP USD

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

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US Dollar is Weighed Down by Improved Risk Sentiment

8 Feb 2011 at 12 PM - Written by John Cameron

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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Upturn in Risk Appetite Hurts US Dollar

8 Feb 2011 at 9 AM - Written by John Cameron

The US Dollar lost ground against the majority of major currencies during last night’s Asian session. Asian equity markets traded into positive territory, signalling an upturn in appetite for risk which in turn caused institutional investors to move away from the safe-haven of Dollar-denominated assets. The improvement in risk sentiment...

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