Pound Dollar Forecast Directory - Page #76
A round up of the latest Pound Dollar forecast news items from the Currency News desk.
Pound Sterling Outlook: GBP/USD Braced for US Jobs Data
6 Dec 2024 at 9 AM - Written by Frank Davies
STORY LINK Pound Sterling Outlook: GBP/USD Braced for US Jobs Data
Pound sentiment is relatively cautious with doubts over the near-term economic outlook, but reservations elsewhere, including weaker than expected US data has protected the Pound.
Friday’s US jobs data is likely to be pivotal for near-term direction.
The Euro remains broadly on the defensive due to political and economic concerns...
CATEGORIES: Pound Dollar Forecasts
Pound US Dollar GBP/USD Exchange Rate Edges Up on Market Optimism
6 Dec 2024 at 8 AM - Written by David Woodsmith
STORY LINK Pound US Dollar GBP/USD Exchange Rate Edges Up on Market Optimism
The Pound US Dollar (GBP/USD) exchange rate posted modest gains on Thursday as a cautiously upbeat mood boosted the currency pair.
The Pound (GBP) traded without clear direction on Thursday, lacking impetus due to an absence of UK economic data. However, the increasingly risk-sensitive currency managed modest gains against its safer...
CATEGORIES: Pound Dollar Forecasts
Pound to US Dollar Rate Choppy following BoE Bailey Remarks
5 Dec 2024 at 8 AM - Written by Frank Davies
STORY LINK Pound to US Dollar Rate Choppy following BoE Bailey Remarks
The Pound US Dollar (GBP/USD) exchange rate wavered on Wednesday as a variety of factors saw Sterling trade in a wide range.
The Pound (GBP) faced fluctuations on Wednesday as shifting market sentiment, comments from the Bank of England (BoE), and fresh economic data drove mixed movements.
Sterling initially gained support from a...
CATEGORIES: Pound Dollar Forecasts
Pound US Dollar (GBP/USD) Exchange Rate "Trapped in Range" After US JOLTs Job Openings
4 Dec 2024 at 9 AM - Written by Tim Boyer
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate "Trapped in Range" After US JOLTs Job Openings
The Pound US Dollar exchange rate was trapped in a narrow range on Tuesday following the release of the US’s latest JOLTs job openings for October.
The US Dollar (USD) held steady against most of its counterparts on Tuesday following the release of the country’s latest JOLTs job openings data.
The index surpassed market...
CATEGORIES: Pound Dollar Forecasts
Pound US Dollar (GBP/USD) Exchange Rate Hobbled by Trump Brics Tariff Threat
3 Dec 2024 at 12 PM - Written by James Fuller
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Hobbled by Trump Brics Tariff Threat
The Pound US Dollar exchange rate edged lower on Monday as the currency pair was weakened by President-Elect Donald Trump's comment that he might impose a 100% tariff on members of the Bric nations.
The US Dollar (USD) appreciated against most of its counterparts at the beginning of the week, buoyed by President-Elect Donald Trump's...
CATEGORIES: Pound Dollar Forecasts
Pound US Dollar GBP/USD Exchange Rate Dips Amid Market Caution
1 Dec 2024 at 2 PM - Written by Tim Boyer
STORY LINK Pound US Dollar GBP/USD Exchange Rate Dips Amid Market Caution
The Pound to US Dollar (GBP/USD) exchange rate weakened on Thursday as global market sentiment turned cautious.
The US Dollar (USD) found support on Thursday as investors favoured the safe-haven currency amid ongoing market uncertainty.
Concerns over President-elect Donald Trump’s aggressive trade policies weighed on risk...
CATEGORIES: Pound Dollar Forecasts
Pound US Dollar Exchange Rate Leaps Higher
28 Nov 2024 at 9 AM - Written by Tim Boyer
STORY LINK Pound US Dollar Exchange Rate Leaps Higher
The Pound US Dollar exchange rate jumped on Wednesday following the publication of several important US data releases.
At the time of writing, GBP/USD was trading at approximately $1.2640, up roughly 0.6% from the start of Wednesday’s session.
US Dollar (USD) Plummets following Domestic Data
The US Dollar (USD) slumped against...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Outlook: Trump Trade Talk Dominates Markets, Pound-Dollar Steady
27 Nov 2024 at 8 AM - Written by David Woodsmith
STORY LINK GBP/USD Outlook: Trump Trade Talk Dominates Markets, Pound-Dollar Steady
Overnight, US President-elect Trump stated that he would levy 25% tariffs on shipments from Mexico and Canada due to failure to control drugs and illegal migration. He also reiterated that there would be 10% tariffs on goods from China.
In relative terms, there are expectations that the UK will not be a major target which could protect...
CATEGORIES: Pound Dollar Forecasts