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Pound Dollar forecast page 7 - GBP USD

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

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GBP USD Exchange Rate Remains Under Pressure Thanks to Dovish BoE Policy Outlook

3 Aug 2018 at 9 AM - Written by Frank Davies

STORY LINK GBP USD Exchange Rate Remains Under Pressure Thanks to Dovish BoE Policy Outlook

In spite of Bank of England (BoE) policymakers voting unanimously to raise interest rates on Thursday the Pound US Dollar (GBP/USD) exchange rate soon came under renewed pressure. Even as interest rates increased from 0.50% to 0.75% the mood towards the Pound deteriorated, largely driven by the latest commentary from BoE Governor Mark...

CATEGORIES: Pound Dollar Forecasts

One-Off BoE Interest Rate Hike Drags Pound to US Dollar (GBP/USD) Exchange Rate Down

2 Aug 2018 at 5 PM - Written by Tim Boyer

STORY LINK One-Off BoE Interest Rate Hike Drags Pound to US Dollar (GBP/USD) Exchange Rate Down

On Wednesday, the Pound to US Dollar exchange rate opened in the region of $1.3126 and closed at a similar level, making daily movement minimal. The static GBP/USD trading was down to tension among Pound Sterling traders in the lull before Thursday’s Bank of England (BoE) interest rate decision. Although a rate hike seemed likely at...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Slips from Highs as Investors Digest US-EU Trade Talks and Dollar Steadies

26 Jul 2018 at 1 PM - Written by Frank Davies

STORY LINK GBP to USD Exchange Rate Slips from Highs as Investors Digest US-EU Trade Talks and Dollar Steadies

While Wednesday night’s developments in US-EU trade talks led to fresh weakness in the US Dollar, the British Pound to US Dollar (GBP/USD) exchange rate’s strength is still limited and on Thursday had shed some of its gains. US Dollar movement is likely to remain limited until Friday’s key US growth report is published. Despite the...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Flat as Trump Comments Keep Pressure on USD

23 Jul 2018 at 4 PM - Written by James Fuller

STORY LINK GBP to USD Exchange Rate Flat as Trump Comments Keep Pressure on USD

Despite Brexit jitters and UK economic uncertainties knocking the Pound much lower last week, the British Pound to US Dollar (GBP/USD) exchange rate has been able to hold its ground following a recovery on Friday. This has been due to market reaction towards comments from US President Donald Trump leaving the US Dollar unappealing. After...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Strikes 10-Month Low as Soft UK Inflation Sinks BoE Rate Hopes

18 Jul 2018 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Strikes 10-Month Low as Soft UK Inflation Sinks BoE Rate Hopes

The Pound US Dollar (GBP/USD) exchange rate struck a new 10-month low this morning, as investors well left dismayed by the UK’s latest inflation figures. Pound (GBP) Exchange Rate Collapses as Inflation Fails to Lift The Pound slumped in trade this morning, with markets shunning the beleaguered currency once again following the...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Ends Week Near Weekly High on US Wage Disappointment

6 Jul 2018 at 5 PM - Written by David Woodsmith

STORY LINK GBP to USD Exchange Rate Ends Week Near Weekly High on US Wage Disappointment

Last week was a relatively bearish one for the US Dollar, as trade jitters and the latest US data caused investors to sell the currency. The British Pound to US Dollar (GBP/USD) exchange rate was one of the few major Pound pairs to advance throughout the week. After opening the week at the level of 1.3206, GBP/USD briefly slipped into the...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Hits 7-Month-Lows as Brexit Jitters Prevent Recovery

28 Jun 2018 at 2 PM - Written by Toni Johnson

STORY LINK GBP to USD Exchange Rate Hits 7-Month-Lows as Brexit Jitters Prevent Recovery

Despite last week’s seemingly hawkish Bank of England (BoE) policy decision, markets have returned to wondering whether or not the bank will hike UK rates at all this year and the British Pound to US Dollar (GBP/USD) exchange rate has tumbled. Investors are awaiting key UK and US data due for publication on Friday. Since the month of...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Rises on Forecast August BoE Interest Rate Hike

22 Jun 2018 at 11 AM - Written by Ben Hughes

STORY LINK GBP/USD Exchange Rate Rises on Forecast August BoE Interest Rate Hike

On Thursday, the Pound to US Dollar exchange rate opened in the region of 1.3173 and closed higher around 1.3247. This appreciation was thanks to the Bank of England (BoE) Monetary Policy Committee (MPC) meeting, which brought a pleasant surprise for GBP traders. It was revealed that although a majority of policymakers had voted for no...

CATEGORIES: Pound Dollar Forecasts

Hawkish BoE Vote Split Sends Pound US Dollar (GBP/USD) Exchange Rate Soaring

21 Jun 2018 at 4 PM - Written by John Cameron

STORY LINK Hawkish BoE Vote Split Sends Pound US Dollar (GBP/USD) Exchange Rate Soaring

Pound US Dollar (GBP/USD) Exchange Rate Climbs as BoE Moves Closer to August Rate Rise The Pound US Dollar (GBP/USD) exchange rate stormed ahead on Thursday, bolstered by a surprising increase in the number of policy member votes for a rate rise at the June Bank of England (BoE) rate meeting. Investors were pleased to see that Chief...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Static ahead of BoE Interest Rate Decision

20 Jun 2018 at 4 PM - Written by Tim Boyer

STORY LINK GBP/USD Exchange Rate Static ahead of BoE Interest Rate Decision

On Tuesday, the Pound to US Dollar exchange rate opened around 1.3260 and closed lower at 1.3178. There was no real UK economic data out yesterday, which left uncertainty about a Brexit vote as the main influencer on the GBP/USD exchange rate. Sterling’s decline in value was because of uncertainty about how a Brexit amendment could...

CATEGORIES: Pound Dollar Forecasts

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