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Pound Dollar Forecast Directory - Page #73

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

Pound Sterling and Dollar Today: UK and US Inflation Data Rocks Markets

16 Jan 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound Sterling and Dollar Today: UK and US Inflation Data Rocks Markets

Both UK and US inflation data came in slightly cooler than expected. However, the two reports had completely different effects. The pound is higher on Wednesday, while the US dollar is lower. Key inflation data was released in the UK and US on Wednesday. Both reports showed slightly lower than expected readings, and led to...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Mid-Week Forecast: GBP/USD Soars on UK & US Inflation

16 Jan 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Mid-Week Forecast: GBP/USD Soars on UK & US Inflation

The Pound US Dollar exchange rate (GBP/USD) surged on Wednesday following the release of the latest inflation figures from both the UK and the US. Cable was trading at approximately $1.2305, up roughly 0.7% from the start of Wednesday’s session. On Wednesday, the Pound (GBP) maintained its strength against most of its major...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Finds Some Breathing Space, GBP/USD Still at Risk of 1.2000

14 Jan 2025 at 9 PM - Written by Frank Davies

STORY LINK Pound Sterling Finds Some Breathing Space, GBP/USD Still at Risk of 1.2000

The Pound hit 14-month lows against the US Dollar, close to 1.2100 on Monday before a rally to 1.2200 as the dollar corrected weaker. A slight easing of the UK political temperature has helped provide Sterling relief. ING is not convinced that the Pound is out of the woods yet; “Things can stabilise in the gilt and GBP markets...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Dips to $1.21

14 Jan 2025 at 9 PM - Written by David Woodsmith

STORY LINK Pound US Dollar Exchange Rate Dips to $1.21

The Pound to Dollar rate (GBP/USD) declined further on Tuesday as persistent worries about the UK economy unnerved investors. The Pound (GBP) faced renewed selling pressure on Tuesday amid ongoing concerns about the UK’s economic trajectory. Although UK bond yields retreated slightly from Monday’s near-three-decade highs,...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Falls vs Dollar and Euro Ahead of Next US Data

14 Jan 2025 at 8 AM - Written by Frank Davies

STORY LINK Pound Sterling Falls vs Dollar and Euro Ahead of Next US Data

The Pound US Dollar exchange rate dropped significantly on Monday as ongoing concerns over the UK’s bond market continued putting pressure on the British currency. The British Pound (GBP) faced further decline and continued on its downward trend against most major currencies. The British currency remained under significant...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Sellers Jump on the Bandwagon, GBP/USD Nears 1.213

13 Jan 2025 at 1 PM - Written by David Woodsmith

STORY LINK Pound Sterling Sellers Jump on the Bandwagon, GBP/USD Nears 1.213

The British Pound Sterling came under renewed pressure on Monday as sellers looked to trigger further pressure and position liquidation. The Pound to Dollar (GBP/USD) exchange rate has slumped to fresh 14-month lows at 1.2110. ING had expected GBP/USD support around 1.2250 but now expects that there will be a further slide to...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Forecast for Week Ahead: Sell to 1.1750?

12 Jan 2025 at 8 PM - Written by Tim Boyer

STORY LINK Pound to Dollar Forecast for Week Ahead: Sell to 1.1750?

MUFG recommends selling the Pound to Dollar (GBP/USD) exchange rate with a target of 1.1750. There was a slide in UK bonds during the week with a jump in yields as the 10-year yield hit a 16-year high while the 30-year yield hit the highest level since 1998. Upward pressure on US yields contributed to the selling of US...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound Sterling Slides vs Dollar After US Jobs Data

12 Jan 2025 at 8 PM - Written by Tim Boyer

STORY LINK Pound Sterling Slides vs Dollar After US Jobs Data

Stronger-than-expected US data triggered a fresh surge in US and global bond yields on Friday. Higher yields triggered fresh gains in the dollar and there were further concerns surrounding the UK outlook as yields also jumped towards 16-year highs. The Pound to Dollar (GBP/USD) exchange rate slumped to 14-month lows just below...

CATEGORIES: Pound Dollar Forecasts

US Dollar Exchange Rates Gain as US Bond Market Dominates

9 Jan 2025 at 10 AM - Written by Frank Davies

STORY LINK US Dollar Exchange Rates Gain as US Bond Market Dominates

The dollar has dominated over the past 24 hours with a particular focus on US bond yields. Strong data helped put upward pressure on yields which also boosted the dollar while major uncertainties surrounding US trade policies continued and unsettled risk conditions. The Pound to Dollar (GBP/USD) exchange rate failed to hold the...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Tanks 1.13% lower as US Dollar Steamrolls Higher

9 Jan 2025 at 10 AM - Written by David Woodsmith

STORY LINK Pound Sterling Tanks 1.13% lower as US Dollar Steamrolls Higher

GBPUSD is –1.13% lower on Wednesday as the US dollar steamrolls higher. The yield on UK gilts is spiking higher and the 30-year made 25-year highs. Yields are also higher in the US and other countries as inflation bounces back and data improves. Volatility has stayed high this year and Tuesday was yet another wild session....

CATEGORIES: Pound Dollar Forecasts

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