Currency News

Daily Exchange Rate Forecasts & Currency News

Dollar Pound forecast - USD GBP

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

LIVE EXCHANGE RATE 13:00:23 Dollar Pound Rate »
USD/GBP +0 Days Low Days High Last Daily
0.79119 +0.13% 0.78988 0.7922 0.79016

Pound US Dollar Exchange Rate Climbs

25 Oct 2024 at 1 PM - Written by Frank Davies

The Pound US Dollar exchange firmed on Thursday following the publication of the latest US and UK PMI indices. At the time of writing, GBP/USD was trading at approximately $1.2972, up roughly 0.4% from the start of Thursday’s session. The Pound (GBP) gained ground against most currencies on Thursday despite the release of some...

CATEGORIES: American Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Undermined by Anxious Market Mood

22 Oct 2024 at 8 AM - Written by John Cameron

The Pound US Dollar exchange rate ticked lower on Monday as a safe-haven dash undermined the currency pairing. At the time of writing, GBP/USD was trading at approximately $1.3018, down roughly 0.2% from the start of Monday’s session. US Dollar (USD) Supported by Downbeat Trade The US Dollar (USD) captured investors focus on...

CATEGORIES: American Dollar Forecasts Pound Sterling Forecasts

The New Zealand Dollar to Pound Rate Drops Sharply as the RBNZ Cut 50bps

10 Oct 2024 at 7 AM - Written by David Woodsmith

Wednesday’s session is mostly flat as the dollar and yields consolidate recent gains. The big move of the day comes from the New Zealand dollar which fell around –1%. This came after the RBNZ cut rates by another 50bps. This was no real surprise to markets, but the bank’s outlook and dovish tone weighed on exhancge rates....

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

Pound to Dollar Rate Strengthens Amid Market Optimism - GBP/USD News

1 Oct 2024 at 9 AM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange rate maintained a positive trajectory at the start of this week, with the pairing nearing its highest level since February 2021. At the time of writing, GBP/USD was trading around $1.3421. Up approximately 0.4% from Monday’s opening levels. The US Dollar (USD) struggled to attract...

CATEGORIES: Dollar Pound Forecasts

US Dollar to Pound Exchange Rate Slides as US Labour Market Softens

13 Sep 2024 at 9 AM - Written by John Cameron

The Pound US Dollar (GBP/USD) exchange rate posted modest gains on Thursday following the latest US jobs release. At the time of writing GBP/USD was trading at around $1.3058 at the time of writing, up approximately 0.2% from Thursday’s opening levels. The Pound (GBP) faced headwinds on Thursday, hampered by a void in fresh...

CATEGORIES: Dollar Pound Forecasts

Pound Sterling Slides Against Euro and Dollar as June BoE Rate Cut 50-50 Call

14 May 2024 at 3 PM - Written by David Woodsmith

The latest UK data continued to suggest that the labour market is weakening, but wages growth remains a concern. The timing of a Bank of England (BoE) rate cut remains a key influence and the data mix suggests that June remains a very close call. The Pound initially edged higher after the wages data, but then retreated sharply as...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound Sterling Retreats Against Euro and Dollar as Long Positions Trimmed

19 Mar 2024 at 9 AM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) was unable to make headway on Friday and retreated below the 1.1700 level on Monday to trade around 1.1685. MUFG is still backing a medium-term GBP/EUR move to 1.2085. The Pound has been hampered by speculation that the Bank of England (BoE) will adopt a less hawkish stance at this week’s...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

New Zealand Dollar Retreats Ahead of Huge RBNZ Rate Decision This Week

26 Feb 2024 at 9 PM - Written by David Woodsmith

The New Zealand dollar lost ground on Monday with a significant element of position adjustment ahead of Wednesday’s Reserve Bank of New Zealand (RBNZ) policy decision. The New Zealand dollar to US dollar (NZD/USD) exchange rate retreated to 0.6175 after failing to bear 0.6200 while the Pound to New Zealand dollar (GBP/NZD) exchange rate...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

US Canadian Dollar Rate Outlook: "USD/CAD to find good demand below 1.34 mark" say ING

25 Jan 2024 at 8 AM - Written by John Cameron

Bank of Canada Drops Talk of Higher Interest Rates, GBP/CAD Exchange Rate Hits 7-Week Highs The Bank of Canada held interest rates at 5.00% following the latest council meeting, in line with consensus forecasts. The bank provided no clear guidance on rates, but the Canadian dollar lost ground as the bank statement dropped references...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

New Zealand Dollar Outlook: Eventual NZD/USD gains say ANZ Analysts

24 Jan 2024 at 8 AM - Written by John Cameron

China Hopes Rescue the New Zealand Dollar, GBP/NZD Exchange Rate Retreats from 2-Month Highs The New Zealand dollar initially remained under pressure on Tuesday amid another round of disappointing economic data and rate-cut speculation. Reports that the Chinese authorities were set to launch a support package for Chinese equities...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts