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Pound Dollar Forecast Directory - Page #84

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

Pound Sterling Unable to Benefit from Dollar Retreat

13 Sep 2024 at 9 AM - Written by David Woodsmith

STORY LINK Pound Sterling Unable to Benefit from Dollar Retreat

The dollar posted significant losses in Asia on Wednesday after the US Presidential debate. US yields have continued to decline with the 2-year rate around 3.55% and a 2-year low. Lower yields have sapped dollar support, but the Pound has failed to secure significant benefit with confidence hit by weaker than expected GDP...

CATEGORIES: Pound Dollar Forecasts

British Pound to Dollar Rate Weakens following US CPI

13 Sep 2024 at 9 AM - Written by John Cameron

STORY LINK British Pound to Dollar Rate Weakens following US CPI

The Pound US Dollar exchange lost ground on Wednesday following the publication of the US’s latest inflation data. At the time of writing, GBP/USD was trading at approximately $1.3029, down roughly 0.4% from the start of Monday’s session. The US Dollar (USD) remained stable against most of its peers on Wednesday following the...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar News: GBP/USD Wavers amid UK Employment Release

13 Sep 2024 at 9 AM - Written by John Cameron

STORY LINK Pound to Dollar News: GBP/USD Wavers amid UK Employment Release

The Pound US Dollar (GBP/USD) exchange rate moved without a clear direction on Tuesday following the release of the UK’s latest employment data. At the time of writing GBP/USD was trading at around $1.3079 at the time of writing, virtually unchanged from Tuesday’s opening levels. The Pound (GBP) saw a modest rise following the...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: Sterling Wavers amid UK Employment Release

11 Sep 2024 at 7 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: Sterling Wavers amid UK Employment Release

The Pound US Dollar (GBP/USD) exchange rate moved without a clear direction on Tuesday following the release of the UK’s latest employment data. The Pound (GBP) saw a modest rise following the announcement of the UK's employment statistics for July. The unemployment rate in Britain has dipped to 4.1%, aligning with forecasts and...

CATEGORIES: Pound Dollar Forecasts

Pound Dollar Exchange Rate Undermined by Risk-Off Sentiment

9 Sep 2024 at 5 PM - Written by John Cameron

STORY LINK Pound Dollar Exchange Rate Undermined by Risk-Off Sentiment

The Pound US Dollar exchange rate ticked lower on Monday as a souring market mood weighed on the pair. At the time of writing, GBP/USD was trading at approximately $1.3081, down roughly 0.3% from the start of Monday’s session. The US Dollar (USD) gained traction against the majority of its peers on Monday as investors turned to...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Exchange Rate Forecast: Binary US Election Risks

8 Sep 2024 at 12 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Exchange Rate Forecast: Binary US Election Risks

There remains an intense debate over the state of the US economy, the potential Federal Reserve policy reaction and the dollar impact. Markets are also having to contend with political uncertainty with November US elections less than two months away. The Pound is a relative oasis of calm with evidence of steady growth and a cautious...

CATEGORIES: Pound Dollar Forecasts

Tensions Build Ahead of Crucial US Data, Pound to Dollar Rate Poised for Breakout

6 Sep 2024 at 8 AM - Written by John Cameron

STORY LINK Tensions Build Ahead of Crucial US Data, Pound to Dollar Rate Poised for Breakout

The Pound to Dollar (GBP/USD) exchange rate hit highs at 1.3175 after Wednesday’s US data before settling around 1.3160 on Wednesday as weak data undermined the dollar. US data releases over the next two days will be extremely important for GBP/USD with high volatility inevitable, especially given the scope for very choppy trading in...

CATEGORIES: Pound Dollar Forecasts

Pound to US Rate News, Outlook: GBP/USD Fluctuates on US ISM Services PMI

6 Sep 2024 at 8 AM - Written by John Cameron

STORY LINK Pound to US Rate News, Outlook: GBP/USD Fluctuates on US ISM Services PMI

The Pound US Dollar exchange rate firmed on Thursday following the latest ISM services PMI data from the US. At the time of writing, GBP/USD was trading at approximately $1.3158, roughly up 0.2% from the start of Thursday's session. The Pound (GBP) remained steady against the majority of its counterparts on Thursday despite a lull...

CATEGORIES: Pound Dollar Forecasts

Pound Dollar Exchange Rate Surges as US Jobs Data Falls Short

5 Sep 2024 at 7 AM - Written by John Cameron

STORY LINK Pound Dollar Exchange Rate Surges as US Jobs Data Falls Short

The Pound US Dollar (GBP/USD) exchange rate climbed higher on Wednesday, driven by disappointing US employment data. At the time of writing, GBP/USD was trading around $1.3156, marking an approximate 0.3% increase from the day’s opening levels. The US Dollar (USD) slumped on Wednesday following the release of a...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Stalls Ahead of Key US Data Releases

4 Sep 2024 at 8 AM - Written by Frank Davies

STORY LINK Pound Sterling Stalls Ahead of Key US Data Releases

After quiet conditions on Monday with the US markets closed for the Labor Day holiday, the Pound to Dollar (GBP/USD) exchange rate retreated to 10-day lows near 1.3100 on Tuesday before settling around 1.3120. Pound sentiment overall remains firm with hopes for solid growth, although US data releases are likely to dominate this...

CATEGORIES: Pound Dollar Forecasts

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