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Dollar Pound forecast - USD GBP

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

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Tariff Panic Subsides, Pound Gains vs Euro, Dollar on Foreign Exchange Markets

14 Apr 2025 at 5 PM - Written by Tim Boyer

There are increased hopes on Monday that immediate panic in US markets has subsided. There has been a recovery in bonds, equities and the dollar, a notable reversal from the sharp losses recorded last week. The dollar, however, edged lower again towards the European close. The S&P 500 index is around 1.0% higher on the day while the...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound-to-Euro Rate Recovers as Dollar Battered on Bond Sell-off

12 Apr 2025 at 8 AM - Written by David Woodsmith

As the bond sell-off continued, the Pound to Euro rate recovered to 1.1515 towards Friday’s close from 16-month lows below 1.1450 earlier in the session. The Pound to Dollar (GBP/USD) exchange rate hit highs just below 1.3150 before a retreat to near 1.3050. There has been a notable element of consolidation in New York trading on...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound Sterling Stabilises Against Euro and Dollar to Benefit on Risk Recovery

8 Apr 2025 at 12 PM - Written by David Woodsmith

The Pound to Euro rate is seen marginally in the green on Tuesday quoted at 1.16771, while Sterling rose around 0.27% against the US Dollar at 1.27678. Risk appetite has recovered on Tuesday with a rebound in equities from over-sold conditions while markets remain firmly focussed on tariff developments. There is a greater sense of...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

US Jobs Data Stems Panic Selling, GBP/EUR and GBP/USD Recover

5 Apr 2025 at 8 AM - Written by Frank Davies

Markets have attempted to stabilise after the US jobs data, but the underlying mood remains extremely fragile. Earlier, confidence took a further dive following China’s announcement that it would impose retaliatory 34% tariffs on imports from the US. The move triggered further concerns over retaliation by other countries and...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

Pound Dives vs Euro and Dollar as $2 Trillion Wiped off US Stock Market

5 Apr 2025 at 8 AM - Written by Tim Boyer

The Pound closed the week sharply lower against the Euro and Dollar after a historic $2 Trillion was wiped off the US stock market. GBP/EUR traded at 1.17647 and GBP/USD 1.28936 as fear dominated in global markets with strong demand for safe-haven assets. The S&P 500 index, for example, posted a 4.8% decline, the sharpest slide...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound to Dollar Pares Gains Towards 1.30, GBP/EUR Dips to 1.182

4 Apr 2025 at 8 AM - Written by Frank Davies

Markets have attempted to rally at times, but the underlying mood has been extremely defensive with serious deterioration in risk appetite as President Trump’s imposition of tariffs on all imports to the US continues to undermine confidence. Despite the US imposing 20% tariffs on EU exports to the US, the Euro has gained significant...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound to Dollar Forecast: "Bullish Outside Range Reversal" say Analysts

24 Mar 2025 at 3 PM - Written by Tim Boyer

The Pound US Dollar exchange rate traded mostly flat on Monday as the UK and the US both released their respective preliminary S&P Global PMIs. At the time of writing, GBP/USD was trading at approximately $1.2925, virtually unchanged from the start of Monday’s session. Pound (GBP) Stays Strong despite Mixed PMIs On Monday, the...

CATEGORIES: American Dollar Forecasts Pound Sterling Forecasts

Canadian Dollar Resilient on Trade War Inflation Fears, BoC Cuts Rates to 2.75%

12 Mar 2025 at 9 PM - Written by David Woodsmith

The Bank of Canada (BoC) warning over inflation was slightly more hawkish than expected and provided some Canadian dollar support after the latest interest rate cut, although trading conditions remained volatile given the on-going trade war with the US. According to Governor Tiff Macklem "We ended 2024 on a solid economic footing. But...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Sterling Steadies Against Euro and Dollar, but Tariff Talk Injects Fresh Fear

25 Feb 2025 at 10 AM - Written by Tim Boyer

After sliding to 11-week lows early on Monday, the dollar index bounced back amid fresh concerns over US tariff policy with President Trump insisting that tariffs on Canada and Mexico would go ahead on March 4th. US rhetoric on tariffs and Ukraine will remain key short-term market elements with further volatility inevitable amid...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound Jumps Against Euro and Dollar on UK Retail Sales Sterling Boost

21 Feb 2025 at 7 AM - Written by Frank Davies

The Pound posted gains against the Euro and US Dollar after the latest UK data releases with strong retail sales and tax receipts data for January easing unease over the economy. The Pound to Dollar exchange rate (GBP/USD) hit fresh 2-month highs just below 1.2680 while the Pound to Euro exchange rate (GBP/EUR) held firm around 1.2075....

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts