A round up of the latest Pound Dollar forecast news items from the Currency News desk.
| LIVE EXCHANGE RATE | 12:55:36 | Pound Dollar Rate » | |||
| GBP/USD | +0 | Days Low | Days High | Last Daily | |
| 1.32232 | ▲ | +0.1% | 1.31984 | 1.32299 | 1.32102 |
Pound Dollar Exchange Rate Surges amid Fed rate cut speculation
17 Sep 2024 at 10 AM - Written by John Cameron
STORY LINK Pound Dollar Exchange Rate Surges amid Fed rate cut speculation
The Pound US Dollar (GBP/USD) exchange rate jumped on Monday amid rising Federal Reserve interest rate cut bets. At the time of writing GBP/USD was trading at $1.3196, up approximately 0.5% from Monday’s opening rate. US Dollar (USD) Sinks as Markets Await Fed Rate Decision On Monday, the US Dollar (USD) edged closer to...
CATEGORIES: Pound Dollar Forecasts
US Dollar Dips Again on Fed Rate Cut Talk, GBP/USD Targets 30-Month Best
17 Sep 2024 at 10 AM - Written by John Cameron
STORY LINK US Dollar Dips Again on Fed Rate Cut Talk, GBP/USD Targets 30-Month Best
US dollar exchange rates lost further ground on Monday with stronger chatter that the Federal Reserve will deliver a larger 50 basis-point (bp) rate cut this week. With strong expectations that the Bank of England will decide against a rate cut at its own meeting, the Pound to Dollar (GBP/USD) exchange rate has strengthened to...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Exchange Rate Forecast: Big Moves Ahead, Fed and BoE Decision Time
15 Sep 2024 at 8 PM - Written by David Woodsmith
STORY LINK Pound to Dollar Exchange Rate Forecast: Big Moves Ahead, Fed and BoE Decision Time
Barclays expects that the Pound to Dollar (GBP/USD) exchange rate will strengthen to 1.35 in the second quarter of 2025 due to Pound strength. Goldman Sachs, however, expects GBP/USD will weaken to 1.27 on a 6-month view due to dollar resilience. GBP/USD dipped to test 1.30 during the week as the dollar regained ground before...
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
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 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
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
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
