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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 Rises on Forecast August BoE Interest Rate Hike

22 Jun 2018 at 11 AM - Written by Ben Hughes

STORY LINK GBP/USD Exchange Rate Rises on Forecast August BoE Interest Rate Hike

On Thursday, the Pound to US Dollar exchange rate opened in the region of 1.3173 and closed higher around 1.3247. This appreciation was thanks to the Bank of England (BoE) Monetary Policy Committee (MPC) meeting, which brought a pleasant surprise for GBP traders. It was revealed that although a majority of policymakers had voted for no...

CATEGORIES: Pound Dollar Forecasts

Hawkish BoE Vote Split Sends Pound US Dollar (GBP/USD) Exchange Rate Soaring

21 Jun 2018 at 4 PM - Written by John Cameron

STORY LINK Hawkish BoE Vote Split Sends Pound US Dollar (GBP/USD) Exchange Rate Soaring

Pound US Dollar (GBP/USD) Exchange Rate Climbs as BoE Moves Closer to August Rate Rise The Pound US Dollar (GBP/USD) exchange rate stormed ahead on Thursday, bolstered by a surprising increase in the number of policy member votes for a rate rise at the June Bank of England (BoE) rate meeting. Investors were pleased to see that Chief...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Static ahead of BoE Interest Rate Decision

20 Jun 2018 at 4 PM - Written by Tim Boyer

STORY LINK GBP/USD Exchange Rate Static ahead of BoE Interest Rate Decision

On Tuesday, the Pound to US Dollar exchange rate opened around 1.3260 and closed lower at 1.3178. There was no real UK economic data out yesterday, which left uncertainty about a Brexit vote as the main influencer on the GBP/USD exchange rate. Sterling’s decline in value was because of uncertainty about how a Brexit amendment could...

CATEGORIES: Pound Dollar Forecasts

Daily Currency News: Pound Sterling to US Dollar (GBP/USD) Exchange Rate Drops as Tariffs Boost USD Appeal

19 Jun 2018 at 1 PM - Written by James Fuller

STORY LINK Daily Currency News: Pound Sterling to US Dollar (GBP/USD) Exchange Rate Drops as Tariffs Boost USD Appeal

Monday’s trading session saw the Pound to US Dollar exchange rate open in the region of 1.3271 and close down lower around 1.3258. This slight deterioration came after the news that the British Chambers of Commerce (BCC) had downgraded its UK economic growth forecasts for both 2018 and 2019. This year’s predicted growth levels were...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Under Pressure as Markets Brace for Federal Reserve Rate Hike

13 Jun 2018 at 3 PM - Written by Frank Davies

STORY LINK GBP USD Exchange Rate Under Pressure as Markets Brace for Federal Reserve Rate Hike

The Pound US Dollar (GBP/USD) exchange rate remained under pressure on Wednesday as investors reacted with disappointment to the latest UK consumer price index data. As the headline CPI held steady at 2.4% on the year in May, remaining at a one-year low, this prompted speculation that the inflation rate has peaked. This weaker showing...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Holds Most Weekly Gains on Bank of England (BoE) Speculation

8 Jun 2018 at 11 AM - Written by Toni Johnson

STORY LINK GBP to USD Exchange Rate Holds Most Weekly Gains on Bank of England (BoE) Speculation

This week’s US data has not been strong enough to keep pressure on the British Pound to US Dollar (GBP/USD) exchange rate, as Sterling has benefitted from UK data and Bank of England (BoE) comments while investors have opted to sell the US Dollar from its recent highs. After opening this week at the level of 1.3348, GBP/USD has spent...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rallies as US GDP Misses its Mark

30 May 2018 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rallies as US GDP Misses its Mark

OECD Upgrades UK Growth Forecasts – Pound US Dollar (GBP/USD) Exchange Rate Climbs The Pound climbed against the US Dollar (GBP/USD) on Wednesday, bolstered by a downbeat revision in US GDP and news that the influential Organisation for Economic Cooperation and Development (OECD) has upgraded their growth forecast for the...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Stumbles as Investors Prepare for Important US Data

29 May 2018 at 5 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Stumbles as Investors Prepare for Important US Data

Pound Euro (GBP/USD) Exchange Rate flirts with 6-Month Lows The Pound US Dollar (GBP/USD) exchange rate continued its fall on Tuesday, encumbered by last week’s disappointing UK consumer price inflation print and ongoing support for the ‘Greenback’ in light of the hawkish US Federal Reserve. There is, however, still some hope for...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Plummets as US PMIs Point to Solid Growth

23 May 2018 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Plummets as US PMIs Point to Solid Growth

UK Inflation misses its Mark – Pound US Dollar (GBP/USD) Exchange Rate Tumbles The Pound US Dollar (GBP/USD) exchange rate tumbled on Wednesday as investors reacted to a disappointing UK consumer price inflation print and a raft of upbeat US purchasing managers’ index (PMI) readings. According to the Office for National Statistics...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Slides Lower as US Labour Market Demonstrates Fresh Signs of Tightening

17 May 2018 at 4 PM - Written by Tim Boyer

STORY LINK GBP/USD Slides Lower as US Labour Market Demonstrates Fresh Signs of Tightening

Speculation over Brexit continued to weigh on the Pound US Dollar (GBP/USD) exchange rate on Thursday, with markets unsettled by conflicting reports on the prospect of continued customs union membership. Confidence in the US Dollar, meanwhile, picked up in response to a sharp surprise uptick in May’s Philadelphia Fed business outlook...

CATEGORIES: Pound Dollar Forecasts

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