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Pound Dollar Forecast Directory - Page #81

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

Slide in Oil Prices Offsets Benign UK Wages Data, GBP/USD Above 1.3000

16 Oct 2024 at 8 AM - Written by David Woodsmith

STORY LINK Slide in Oil Prices Offsets Benign UK Wages Data, GBP/USD Above 1.3000

UK wages data reinforced very strong market expectations that the Bank of England (BoE) would cut interest rates at the November policy meeting. The Pound to Dollar (GBP/USD) exchange rate dipped to 1.3035 before a recovery to 1.3070 as the dollar lost ground in global markets, although the overall range was little changed. The...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar X-Rate Rangebound on UK Jobs Data

16 Oct 2024 at 8 AM - Written by John Cameron

STORY LINK Pound US Dollar X-Rate Rangebound on UK Jobs Data

The Pound to US Dollar (GBP/USD) exchange rate was mostly unchanged on Tuesday following the release of the UK’s latest employment data. At the time of writing, GBP/USD was trading around $1.3077. Virtually unmoved from Tuesday’s opening levels. The Pound (GBP) traded sideways on Tuesday as investors reacted to the latest UK...

CATEGORIES: Pound Dollar Forecasts

Sideways Trend as Pound Flat Against US Dollar amid Absence of Data

15 Oct 2024 at 9 AM - Written by John Cameron

STORY LINK Sideways Trend as Pound Flat Against US Dollar amid Absence of Data

The Pound US Dollar exchange traded sideways on Monday as a lack of both UK and US economic data releases left the currency pairing largely flat. At the time of writing, GBP/USD was trading at approximately $1.3056, virtually unchanged from the start of Monday’s session. The US Dollar (USD) had a sluggish start to the week as a...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Week Ahead Forecast: 1.30 Today, 1.39 by June 2025 say Analysts

13 Oct 2024 at 8 PM - Written by Frank Davies

STORY LINK Pound to Dollar Week Ahead Forecast: 1.30 Today, 1.39 by June 2025 say Analysts

According to Commerzbank; “we expect pronounced USD weakness, as the Fed is now delivering much sharper interest rate cuts than previously expected. We therefore think that the arguments in favour of the pound versus the US dollar should count for much more, which is why we expect to see higher levels here in the coming...

CATEGORIES: Pound Dollar Forecasts

US Data Increases Dollar Uncertainty, GBP/USD Recovers from 4-Week Lows

13 Oct 2024 at 7 PM - Written by David Woodsmith

STORY LINK US Data Increases Dollar Uncertainty, GBP/USD Recovers from 4-Week Lows

The latest US data triggered fresh uncertainty over economic direction and also lead to choppy trading in currency markets. The Pound to Dollar (GBP/USD) exchange rate briefly dipped to 4-week lows at 1.3025 after the US data before a recovery to 1.3080. US consumer prices increased 0.2% for September, above consensus forecasts of...

CATEGORIES: Pound Dollar Forecasts

Hawkish Fed Meeting Minutes Fail to Dent Pound US Dollar Exchange Rate

13 Oct 2024 at 7 PM - Written by John Cameron

STORY LINK Hawkish Fed Meeting Minutes Fail to Dent Pound US Dollar Exchange Rate

The Pound US Dollar (GBP/USD) exchange rate fluctuated within a tight range on Thursday, even after the release of minutes from the Federal Reserve's recent policy meeting. As the time of writing, GBP/USD stood at $1.3073, showing little change from the day's opening levels. The US Dollar (USD) traded somewhat cautiously on...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Steady despite Cautious Market Mood

10 Oct 2024 at 7 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate Steady despite Cautious Market Mood

The Pound US Dollar exchange trod water on Wednesday amid a lack of domestic data releases and despite a return to risk-off trading conditions. At the time of writing, GBP/USD was trading at approximately $1.3094, virtually unchanged from the start of Wednesday’s session. The US Dollar (USD) attracted some investor attention on...

CATEGORIES: Pound Dollar Forecasts

Wave of Uncertainty Favours USD, Pound to Dollar Rate Near 3-Week Lows

9 Oct 2024 at 8 AM - Written by David Woodsmith

STORY LINK Wave of Uncertainty Favours USD, Pound to Dollar Rate Near 3-Week Lows

Domestically, there are no major data releases until the latest GDP figure on Friday and global developments have dominated the Pound moves this week. The Pound to Dollar (GBP/USD) exchange dipped to 3-week lows at 1.3060 on Monday before a tentative recovery to 1.3090 on Tuesday. Weaker UK equities also curbed potential Pound...

CATEGORIES: Pound Dollar Forecasts

Cautious Investor Sentiment Holds Pound US Dollar (GBP/USD) Exchange Rate Steady

9 Oct 2024 at 8 AM - Written by David Woodsmith

STORY LINK Cautious Investor Sentiment Holds Pound US Dollar (GBP/USD) Exchange Rate Steady

The Pound to US Dollar (GBP/USD) exchange rate traded in a narrow range on Tuesday morning, hovering just above the three-week low touched on Monday. At the time of writing, GBP/USD was trading around $1.3100, showing little movement from Tuesday’s opening levels. The US Dollar (USD) found some support on Tuesday, benefiting...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Undermined ahead of Federal Reserve Speeches

8 Oct 2024 at 7 AM - Written by David Woodsmith

STORY LINK Pound US Dollar Exchange Rate Undermined ahead of Federal Reserve Speeches

The Pound US Dollar exchange lost ground on Monday as markets awaited several speeches from the Federal Reserve. At the time of writing, GBP/USD traded at approximately $1.3081, down roughly 0.3% from the start of Monday’s session. The US Dollar (USD) saw little movement against most of its counterparts on Monday, with a lack of...

CATEGORIES: Pound Dollar Forecasts

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