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Pound Dollar Forecast Directory - Page #75

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

GBP to USD Exchange Rate Weakens Ahead of Key Fed Decision

19 Dec 2024 at 10 AM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Weakens Ahead of Key Fed Decision

The Pound to US Dollar (GBP/USD) exchange rate slipped on Wednesday as investors adopted a cautious stance ahead of the Federal Reserve’s final policy meeting of the year. The US Dollar (USD) edged higher on Wednesday as attention turned to the Federal Reserve’s impending interest rate decision. While the Fed is widely...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Unchanged following Upbeat US and UK Data

18 Dec 2024 at 9 AM - Written by James Fuller

STORY LINK Pound to Dollar Rate Unchanged following Upbeat US and UK Data

The Pound US Dollar exchange rate was largely subdued on Tuesday following the release of some better-than-expected economic data from both the UK and the US. On Tuesday, the Pound (GBP) gained ground against many of its major trading partners following the release of the UK's latest employment figures. The unemployment rate for the...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Climbs

17 Dec 2024 at 11 AM - Written by Tim Boyer

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Climbs

The Pound to Dollar exchange rate (GBP/USD) gained momentum on Monday following the release of UK’s and US’s preliminary PMI data for December. On Monday, the Pound (GBP) edged higher against most of its major trading partners after the release of the UK's preliminary PMI data for December. The report showed that the UK's...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate December Forecast: 2025 - a Year of Uncertainty

15 Dec 2024 at 11 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Rate December Forecast: 2025 - a Year of Uncertainty

Currency exchange strategists at ING Bank forecast that the Pound to Dollar exchange rate (GBP/USD) will remain on the defensive during 2025 and trade at 1.24 at year-end. After initial weakness, MUFG expects a GBP/USD rally to 1.30 at the end of 2025. The latest GDP data was weaker than expected which triggered fresh doubts over...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound Sterling Drops Against Euro and Dollar Amid Second Month of Economic Contraction

13 Dec 2024 at 10 AM - Written by Frank Davies

STORY LINK Pound Sterling Drops Against Euro and Dollar Amid Second Month of Economic Contraction

The Pound Sterling fell against the Euro and US Dollar following the latest UK GDP data release on Friday. The Pound to Dollar (GBP/USD) exchange rate dipped to 10-day lows at 1.2620 while the Pound to Euro (GBP/EUR) exchange rate retreated to 1.2065, well below 33-month highs of 1.2150 recorded earlier in the week. According to the...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar Exchange Rate Slumps

13 Dec 2024 at 9 AM - Written by David Woodsmith

STORY LINK Pound US Dollar Exchange Rate Slumps

The Pound US Dollar exchange rate trod water on Thursday following the release of the US’s latest PPI and initial jobless claims data. On Thursday, the US Dollar (USD) climbed against most of its counterparts following the release of two key economic indicators. The latest Producer Price Index (PPI) for the US surpassed...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Today: Pound Sterling Flat vs. US Dollar Following US Inflation Print

12 Dec 2024 at 7 AM - Written by James Fuller

STORY LINK GBP/USD Today: Pound Sterling Flat vs. US Dollar Following US Inflation Print

The Pound US Dollar exchange rate treaded water on Wednesday following the release of the US’s latest consumer price index (CPI). On Wednesday, the US Dollar (USD) fluctuated broadly against other major currencies, gaining ground against its riskier counterparts due to cautious market sentiment, however, was mostly subdued...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Holds Steady amid Market Uncertainty

11 Dec 2024 at 9 AM - Written by Tim Boyer

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Holds Steady amid Market Uncertainty

At the time of writing, GBP/USD was trading at approximately $1.2748. Virtually unchanged from Tuesday’s opening levels. The US Dollar (USD) saw muted movement on Tuesday, but having bounced back from its early-week losses. Market risk appetite improved on Monday amid speculation about new stimulus measures from China’s...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Cheery Trading Conditions

10 Dec 2024 at 9 AM - Written by David Woodsmith

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Cheery Trading Conditions

The Pound US Dollar exchange rate edged higher on Monday as an upbeat market mood lifted the currency pairing. At the start of the week, the US Dollar (USD) declined against most of its peers, and fell by about 0.8% against the Australian Dollar (AUD) and the South African Rand (ZAR) as the American currency was significantly weakened...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Stalls Close to 1.2800

10 Dec 2024 at 8 AM - Written by Frank Davies

STORY LINK GBP/USD Stalls Close to 1.2800

The Pound to Dollar (GBP/USD) exchange rate has tested the 1.2800 level over the past 24 hours, but failed to break through and retreated to just below 1.2750 on Tuesday. Another warning over fiscal policy from Chancellor Reeves had some impact in curbing Pound demand and the global dimension was also less favourable with equities...

CATEGORIES: Pound Dollar Forecasts

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