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Pound Dollar Forecast Directory - Page #74

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

Pound US Dollar Exchange Rate Tests 1.228 on Renewed Trade War Concerns

9 Jan 2025 at 10 AM - Written by Toni Johnson

STORY LINK Pound US Dollar Exchange Rate Tests 1.228 on Renewed Trade War Concerns

The Pound to US Dollar exchange rate (GBP/USD) drifted lower on Wednesday as risk-off sentiment took hold of global markets. The US Dollar (USD) advanced on Wednesday, benefiting from a shift in market sentiment as concerns over trade tensions between the US and China resurfaced. Renewed fears of a trade war were triggered by...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Subdued on Strong US Economic Reports

8 Jan 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Rate Subdued on Strong US Economic Reports

The Pound to US Dollar exchange rate (GBP/USD) softened on Tuesday, with the pair retreating from earlier gains as US economic data outperformed expectations. The US Dollar (USD) initially came under pressure on Tuesday, weighed down by improved market risk sentiment. Investors were encouraged by reports suggesting the incoming...

CATEGORIES: Pound Dollar Forecasts

UK Reservations Dampen Sterling Support, Pound to Dollar Exchange Rate Rallies

6 Jan 2025 at 2 PM - Written by Tim Boyer

STORY LINK UK Reservations Dampen Sterling Support, Pound to Dollar Exchange Rate Rallies

After hitting 8-month lows near 1.2350 last week, the Pound to Dollar (GBP/USD) exchange rate has rallied to 1.2475 amid a wider dollar corrective retreat against European currencies. There are important US data releases this week, culminating in Friday’s employment report. ING commented; “This week will see a return of normal...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Week Ahead Forecast: GBP/USD Firm in Turbulent Week

6 Jan 2025 at 2 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Rate Week Ahead Forecast: GBP/USD Firm in Turbulent Week

Monday AM Brief: The Pound to Dollar exchange rate edged higher on Monday ahead of a number of US data releases expected this week. On Monday, the Pound (GBP) experienced a slight rise against most of its major counterparts, even as the UK's final services PMI for December was released. The services PMI, a key indicator for the UK...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound Sterling: Damage to Technical Outlook say Analysts

3 Jan 2025 at 3 PM - Written by Frank Davies

STORY LINK Pound Sterling: Damage to Technical Outlook say Analysts

The British Pound Sterling (currency:GBP) came under sustained pressure on Thursday, with the pound-to-dollar (GBP/USD) exchange rate sliding to 8-month lows just above 1.2350. European currencies were sold heavily overall, while the dollar maintained a strong tone. The Pound also continued its dismal new-year run with GBP/USD...

CATEGORIES: Pound Dollar Forecasts

British Pound Sterling Slides Against Euro and Dollar on 2025 UK Stagnation Fears

2 Jan 2025 at 11 AM - Written by David Woodsmith

STORY LINK British Pound Sterling Slides Against Euro and Dollar on 2025 UK Stagnation Fears

The British Pound weakened at the start of 2025, while the US Dollar made further headway against European currencies. The Pound to Euro (GBP/EUR) exchange rate retreated to 1.2040 while the Pound to Dollar (GBP/USD) exchange rate dipped to 7-month lows at 1.2470. There are increased market concerns that the UK economy will struggle...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound to Dollar Rate Predictions Next Year: Waves of Uncertainties Surround 2025

31 Dec 2024 at 2 PM - Written by Tim Boyer

STORY LINK Pound to Dollar Rate Predictions Next Year: Waves of Uncertainties Surround 2025

NYE 2025 Forecast Update: The Pound to Dollar exchange rate (GBP/USD) dipped to 6-month lows below 1.2500 during December before settling just above this level. UBS expects that GBP/USD will strengthen to 1.34 by the end of 2025 as the dollar eventually loses ground. In contrast, HSBC maintains a bullish dollar stance and is...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Rate 2025 Forecast: Plunge to 1.17 or Rally to 1.38?

22 Dec 2024 at 11 AM - Written by Frank Davies

STORY LINK Pound to Dollar Rate 2025 Forecast: Plunge to 1.17 or Rally to 1.38?

Currency exchange strategists at Nordea forecast that the Pound to Dollar exchange rate (GBP/USD) will slide to 1.17 by the middle of 2025 which would be the lowest reading since November 2022. Bank of America still expects GBP/USD to advance to 1.38 at the end of 2025. Nordea expects relative growth rates will support the dollar...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound Sterling Dips Against Euro and Dollar on Surprise BoE Vote Split

20 Dec 2024 at 9 AM - Written by David Woodsmith

STORY LINK Pound Sterling Dips Against Euro and Dollar on Surprise BoE Vote Split

A narrower-than-expected Bank of England (BoE) vote in favour of holding interest rates at 4.75%, triggered a Pound sell-off on Thursday. The Pound was also undermined overnight by wider dollar gains. A hawkish Fed statement had help cut market expectations of a February BoE cut to below 50%, but this was reversed after the BoE...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound US Dollar Exchange Rate (GBP/USD) Firms following BoE and US Data

20 Dec 2024 at 9 AM - Written by Frank Davies

STORY LINK Pound US Dollar Exchange Rate (GBP/USD) Firms following BoE and US Data

The Pound to Dollar exchange rate (GBP/USD) edged higher on Thursday following the publication of the Bank of England’s (BoE) December interest rate decision and the US’s latest GDP data and initial jobless claims survey. On Thursday, the Pound (GBP) lost ground against most of its major trading partners following the publication...

CATEGORIES: Pound Dollar Forecasts

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