Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Dollar Forecast Directory - Page #90

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

Pound to Dollar Week Ahead Forecast: "Further GBP Weakness in Coming Weeks"

28 Apr 2024 at 1 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Week Ahead Forecast: "Further GBP Weakness in Coming Weeks"

Foreign exchange strategists at HSBC forecast the Pound to Dollar (GBP/USD) exchange rate to slide back below 1.24 in the near-term outlook. According to the bank; “We look for further GBP weakness ahead in the coming weeks. We expect this USD strength to persist, albeit in a more grinding fashion over the next month with attendant...

CATEGORIES: Pound Dollar Forecasts

Sterling Recovery Continues, Pound to Dollar Rate Above 1.25

25 Apr 2024 at 5 PM - Written by John Cameron

STORY LINK Sterling Recovery Continues, Pound to Dollar Rate Above 1.25

Although the US Dollar has posted 34-year highs against the Japanese Yen, the US currency has not been able to sustain the advance against European currencies. The dollar index overall has retreated to 105.25. The Pound has also continued its recovery in global markets and the Pound to Dollar (GBP/USD) exchange rate has broken back...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Rebounds After UK and US PMI Data Jolts Expectations

24 Apr 2024 at 8 AM - Written by John Cameron

STORY LINK Pound Sterling Rebounds After UK and US PMI Data Jolts Expectations

Solid UK business confidence data, together with weaker-than-expected US data has triggered a sharp Pound rally on Tuesday with the current market narrative of US economic out-performance under fresh scrutiny. The Pound to Dollar (GBP/USD) exchange rate has jumped to near 1.2450 from early lows at 1.2330. Latest US survey data has...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Week Ahead Outlook: Latest GBP/USD Forecast Ranges

21 Apr 2024 at 9 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Week Ahead Outlook: Latest GBP/USD Forecast Ranges

Currency exchange analysts at Barclays Bank forecast the Pound to Dollar (GBP/USD) exchange rate will weaken to 1.21 in the short term outlook. The shift in US interest rate expectations has continued to take its toll on GBP/USD forecasts with Danske, for example, forecasting 1.16 on a 12-month view. GBP/USD dipped to 5-month lows...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar: Sticky UK Services Inflation Boosts Sterling Exchange Rates

18 Apr 2024 at 9 AM - Written by John Cameron

STORY LINK Pound to Dollar: Sticky UK Services Inflation Boosts Sterling Exchange Rates

The Pound to Dollar (GBP/USD) exchange rate dipped further to 5-month lows just above 1.2400 on Tuesday before a recovery to 1.2470 after the latest UK data. Expectations of near-term Federal Reserve interest rates have continued to fade with the potential for a June cut close to being ruled out while the chances of a July cut are now...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Forecast: Volatility to Remain Elevated

16 Apr 2024 at 7 AM - Written by David Woodsmith

STORY LINK Pound Sterling Forecast: Volatility to Remain Elevated

Pound Volatility to Remain Elevated, GBP/USD Attempts to Recover from 4-Month Lows The Pound to Dollar exchange rate (GBP/USD)came under sustained pressure on Friday with a slide below 1.1500 and 4-month lows just above 1.2425. The dollar continued to see strong buying following the shift in Federal Reserve expectations. GBP/USD...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Week Ahead Outlook: Banks Downgrade GBP/USD Forecasts

14 Apr 2024 at 3 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Week Ahead Outlook: Banks Downgrade GBP/USD Forecasts

Investment banks overall have tended to downgrade their Pound to Dollar exchange rate forecasts (GBP/USD). Credit Agricole and RBC Capital Markets were already forecasting 1.25 and 1.24 respectively for the end of 2024. ING has now dropped its forecast of GBP/USD gains to 1.30 or higher this year and is backing 1.25. The decisive...

CATEGORIES: Pound Dollar Forecasts

Dollar to Pound Exchange Rate Rallies as US Inflation Heats

11 Apr 2024 at 9 AM - Written by John Cameron

STORY LINK Dollar to Pound Exchange Rate Rallies as US Inflation Heats

The US inflation data dominated markets on Wednesday. The dollar edged lower into the latest consumer prices release amid hopes for a moderation in inflation, but there was a sharp and substantial reversal as the data again came in above market expectations. Equity markets also reversed sharply with the FTSE 100 index, for example,...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Secures Gains Ahead of Key US Inflation Data

10 Apr 2024 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Rate Secures Gains Ahead of Key US Inflation Data

The Pound to Dollar (GBP/USD) exchange rate has edged higher to near 1.2685 on Tuesday as the dollar has lost ground against European currencies. US yields have continued to move in favour of the dollar over the past 24 hours, but the US currency has failed to benefit and Scotiabank sees scope for further GBP/USD gains if there is a...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar: A Struggle to Hold 1.26

9 Apr 2024 at 7 AM - Written by David Woodsmith

STORY LINK Pound to Dollar: A Struggle to Hold 1.26

Given concerns that US inflation data will again rattle markets this week, GBP/USD may struggle to hold above the 1.2600 level. The Dollar posted strong gains in an initial reaction to the US jobs data, but failed to hold the gains. In this context, the Pound to Dollar (GBP/USD) exchange rate found support around 1.2575 and rallied...

CATEGORIES: Pound Dollar Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today