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Pound Dollar forecast page 9 - GBP USD

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

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GBP USD Exchange Rate Sees Muted Gains Despite Hopes of Post-Brexit UK Access to Single Market

20 Feb 2018 at 12 PM - Written by James Fuller

STORY LINK GBP USD Exchange Rate Sees Muted Gains Despite Hopes of Post-Brexit UK Access to Single Market

Although the Pound US Dollar (GBP/USD) exchange rate staged something of a rally on Tuesday morning, benefitting from an easing in Brexit jitters, it was unable to hold onto this positive momentum for long. Investors were initially encouraged by a report in Business Insider which suggested that the European Parliament is drawing up plans...

CATEGORIES: Pound Dollar Forecasts

EU Removes ‘Punishment’ Brexit Clause - Pound US Dollar (GBP/USD) Exchange Rate Climbs

15 Feb 2018 at 3 PM - Written by Toni Johnson

STORY LINK EU Removes ‘Punishment’ Brexit Clause - Pound US Dollar (GBP/USD) Exchange Rate Climbs

GBP/USD Exchange Rate up on Signs of Brexit Cooperation from EU The Pound US Dollar (GBP/USD) exchange rate extended its lead on Thursday, rising as markets responded to news that the EU has removed the divisive ‘punishment’ clause from the Brexit transition text. This footnote asserted that the UK could potentially lose access to...

CATEGORIES: Pound Dollar Forecasts

Solid Gains for GBP/USD as UK Inflation Returns to Uptrend

13 Feb 2018 at 3 PM - Written by Toni Johnson

STORY LINK Solid Gains for GBP/USD as UK Inflation Returns to Uptrend

The Pound Sterling to US Dollar exchange rate is registering minor gains today, although it has fallen from its intraday high, after positive UK inflation data was released this morning. The GBP/USD exchange rate is up 0.2% to 1.3876 after consumer price index figures provided further justification for the Bank of England (BoE) raising...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Tumbles on Barnier Brexit Comments

9 Feb 2018 at 5 PM - Written by Toni Johnson

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Tumbles on Barnier Brexit Comments

Barnier Insists Brexit Transition Deal ‘Not a Given’, GBP Exchange Rates Tumble The Pound US Dollar (GBP/USD) exchange rate pared recent gains on Friday as markets reacted to a slew of disappointing UK ecostats and fresh comments from EU Brexit Negotiator Michel Barnier. In respect to the former, the UK’s trade deficit widened...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Slides on Brexit Uncertainty and Caution Ahead of First BoE Rate Decision of 2018

7 Feb 2018 at 3 PM - Written by John Cameron

STORY LINK GBP/USD Exchange Rate Slides on Brexit Uncertainty and Caution Ahead of First BoE Rate Decision of 2018

Brexit Uncertainty Continues to Limit Pound US Dollar (GBP/USD) Exchange Rate The Pound US Dollar (GBP/USD) exchange rate took a tumble on Wednesday as markets reacted to ongoing uncertainty in the Brexit negotiation process, the looming Bank of England (BoE) rate decision and optimism for today’s run of US Fed President speeches. On...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Steadies with Thursday Bank of England (BoE) Meeting in Focus

6 Feb 2018 at 12 PM - Written by Toni Johnson

STORY LINK GBP to USD Exchange Rate Steadies with Thursday Bank of England (BoE) Meeting in Focus

Poor UK data and strong US data has made it easier for the US Dollar to take advantage of Sterling weakness, leaving the British Pound to US Dollar exchange rate lower. The pair lost over a cent on Monday and on Tuesday saw narrower trade amid a lack of fresh notable data. Following fluctuations last week, the GBP/USD exchange rate could...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Rises as Gloomy Brexit Report is Challenged

30 Jan 2018 at 1 PM - Written by Frank Davies

STORY LINK GBP/USD Exchange Rate Rises as Gloomy Brexit Report is Challenged

During Monday’s trading session, the Pound to US Dollar exchange rate deteriorated because of a meeting about the specifics of the UK transitional deal. The GBP/USD exchange rate opened in the region of 1.4138 on Monday morning, but later closed down around 1.4074 during the evening. With little high-impact data to refer to, Pound...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Tumbles as US Dollar finds it Feet

29 Jan 2018 at 3 PM - Written by John Cameron

STORY LINK GBP/USD Exchange Rate Tumbles as US Dollar finds it Feet

The Pound US Dollar (GBP/USD) exchange rate is sliding today as the ‘Greenback’ mounts a recovery US Dollar’s (USD) Gains Strengthened by Lift in Inflation The US Dollar was able to reverse some of its recent losses against the Pound today as the US currency snapped back after a heavy week of losses. USD has been under...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Resumes Advances on Strong UK Growth Report

26 Jan 2018 at 11 AM - Written by Minesh Chaudhari

STORY LINK GBP to USD Exchange Rate Resumes Advances on Strong UK Growth Report

Due to strong UK ecostats in recent sessions, as well as prevalent bearishness in US Dollar trade, the British Pound to US Dollar exchange rate has seen significant gains this week. Mixed signals from the US government have left US Dollar movement volatile. After opening this week at the level of 1.3855, GBP/USD began to climb and as of...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Extends Lead on Renewed Post-Brexit UK Trade Optimism

25 Jan 2018 at 4 PM - Written by Tim Boyer

STORY LINK GBP/USD Exchange Rate Extends Lead on Renewed Post-Brexit UK Trade Optimism

Post-Brexit UK-US Trade Optimism Drives Pound (GBP) Exchange Rates Higher The Pound US Dollar (GBP/USD) exchange rate extended its lead on Thursday as markets responded to growing optimism for the possibility of a post-Brexit UK-US trade deal. US Treasury Secretary Steven Mnuchin spoke at the World Economic Forum in Davos, Switzerland,...

CATEGORIES: Pound Dollar Forecasts

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