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Pound Dollar forecast page 93 - GBP USD

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

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Pound US Dollar Exchange Rate Hits Two Week Low as Investors Await BoE Rate Decision

3 Nov 2022 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate Hits Two Week Low as Investors Await BoE Rate Decision

Pound US Dollar (GBP/USD) Exchange Rate Strikes Two Week Low as Investors Eye BoE Rate Hike The Pound (GBP) fell against the US Dollar (USD) on Thursday, as investors anticipated the Bank of England’s (BoE) latest interest rate decision. At the time of writing, GBP/USD traded at roughly US$1.1241, a plunge of around 1.3% from...

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Pound US Dollar (GBP/USD) Exchange Rate Rallies Ahead of Key US Data

1 Nov 2022 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rallies Ahead of Key US Data

Pound US Dollar (GBP/USD) Exchange Rate Rallies ahead of US Data Releases The Pound US Dollar (GBP/USD) exchange rate rallied on Tuesday, as the market braces for upcoming US Data releases. This mood saw the GBP/USD exchange rate trade at roughly US$1.1538 at the time of writing, a rise of around 0.6% from Tuesday’s opening...

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Pound US Dollar Exchange Rate News: GBP/USD Falls in Risk Averse Trade

31 Oct 2022 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Falls in Risk Averse Trade

GBP/USD Exchange Rate Stumbles as Investors Brace for Central Bank Hikes The Pound to US Dollar (GBP/USD) exchange rate fell on Monday morning as risk appetite receded ahead of a busy week for central banks. At time of writing the GBP/USD exchange rate traded at around $ 1.1549, down roughly 0.5% from Monday’s opening levels. US...

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Pound US Dollar Exchange Rate Narrows as BoE Rate Hike Bets Ease

28 Oct 2022 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate Narrows as BoE Rate Hike Bets Ease

Pound US Dollar (GBP/USD) Exchange Rate Narrows as Investors Readjust BoE Hike Bets The Pound (GBP) saw muted trade against the US Dollar (USD) on Friday, as investors readjusted their expectations towards the Bank of England’s upcoming interest rate decision. As such, GBP/USD traded at around US$1.1583 at the time of writing,...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Fluctuates as UK Hunts for Next PM

21 Oct 2022 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Fluctuates as UK Hunts for Next PM

GBP/USD Exchange Rate Volatile as PM Leadership Race Begins The Pound to US Dollar (GBP/USD) exchange rate traded in a wide range on Friday amid fresh concerns over UK politics. At time of writing the GBP/USD exchange rate traded at around $1.1206, roughly the same as Friday’s opening levels, having slumped to $1.1057 before bouncing...

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Pound US Dollar Exchange Rate News: GBP/USD Climbed as Liz Truss’ Steps Down

20 Oct 2022 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Climbed as Liz Truss’ Steps Down

Pound (GBP) Recovered as PM Liz Truss Resigns The Pound (GBP) failed to muster much support on Thursday in the wake of a turbulent day in Westminster on Wednesday. Home Secretary Suella Braverman followed Kwasi Kwarteng in leaving Liz Truss’ cabinet after just 43 days in office. Braverman was forced to resign and in her resignation...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Climbed on Mini-Budget Defenestration

17 Oct 2022 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Climbed on Mini-Budget Defenestration

Pound (GBP) Recovered Modestly on Tax Measure Reversals The Pound (GBP) remained buoyant after Chancellor Jeremy Hunt’s scrapping of most of the unfunded tax cuts in the mini-budget. Hunt replaced Kwasi Kwarteng as Chancellor on Friday, resulting in Kwarteng now the second shortest-lived Chancellor, having only held the position for 36...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Soars amid More Mini-Budget U-Turn Expectations

13 Oct 2022 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Soars amid More Mini-Budget U-Turn Expectations

GBP/USD Exchange Rate Firms as GBP Investors Latch on to Government Discussions The Pound to US Dollar (GBP/USD) exchange rate was strengthening on Thursday as it came to light that ‘active’ discussions were being had about scrapping parts of the UK mini-budget. At time of writing the GBP/USD exchange rate traded at around...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavered as BoE Announce Further Interventions

10 Oct 2022 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered as BoE Announce Further Interventions

Pound (GBP) Subdued amid Truss’ Government Reset The Pound (GBP) is struggling for demand today as Prime Minster Liz Truss attempts to repair an increasingly fractious government. With political uncertainty back on the table after a tumultuous campaign trail, Truss is hoping to implement a reset amid flagging support. Investors have...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Plummets amid UK Credit Rating Fears

6 Oct 2022 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Plummets amid UK Credit Rating Fears

GBP/USD Exchange Rate Plummets amid UK Credit Rating Concerns The Pound to US Dollar (GBP/USD) exchange rate was fell off a cliff on Thursday as the UK was threatened with a credit rating downgrade. At time of writing the GBP/USD exchange rate traded at around $1.1245, roughly down 1% from Thursday’s opening levels. Pound (GBP)...

CATEGORIES: Pound Dollar Forecasts

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