Currency News: UK Daily Forex News, Exchange Rate Forecast, …
WEB4 days ago · The Pound US Dollar exchange tanked on Tuesday as a cautious market mood severely undermined the currency pairing. At the time of writing, GBP/USD was trading at approximately $1.3275 down roughly 0.7% from the start of Tuesday’s session. The US Dollar (USD) climbed against the majority of its peers on Tuesday, buoyed by a …
Currency News: UK daily forex news and forecasts
WEB5 days ago · The Pound US Dollar (GBP/USD) exchange rate climbed higher on Wednesday, driven by disappointing US employment data. At the time of writing, GBP/USD was trading around $1.3156, marking an approximate 0.3% increase from the day’s opening levels. The US Dollar (USD) slumped on Wednesday following the release of a weaker-than-expected JOLTs job ...
Pound to Euro Forecast for Week Ahead: 1.20 Fades, Where Next?
WEB1 day ago · Credit Agricole remains comfortable with an end-2025 Pound to Euro (GBP/EUR) exchange rate forecast of 1.2050. MUFG expects a retreat to 1.1765 by the third quarter of next year. GBP/EUR posted sharp losses to 2-week lows near 1.1850 before a recovery to near 1.1950. The Pound was undermined by dovish comments from Bank of England Governor ...
Pound to Dollar Exchange Rate Week Ahead Forecast: 1.32 Next
WEB1 day ago · STORY LINK Pound to Dollar Exchange Rate Week Ahead Forecast: 1.32 Next. MUFG expects the Pound to Dollar (GBP/USD) exchange rate will strengthen to 1.3600 at the end of the first quarter of 2025. ING expect a retreat to 1.30 in the short term while the longer-term outlook remains opaque due to the US elections.
Pound to US Dollar Exchange Rate Forecast, News: BoE Rate Cut …
WEB4 days ago · At the time of writing, GBP/USD traded at $1.3115, having plunged more than 1% since the start of the session. The Pound (GBP) came under intense selling pressure at the beginning of Thursday's session, as remarks from BoE Governor Bailey heightened expectations for further interest rate cuts. In an interview with the Guardian, Bailey stated ...
Daily Currency Updates | Currency News UK
WEBDec 20, 2023 · STORY LINK Euro to Dollar Rate: EURUSD Retreats as Fed’s Powell Maintains Hawkish Stance. Hawkish Fed rhetoric pulled the Euro (EUR) lower against the US Dollar (USD) on Thursday and CIBC expects the currency pair will weaken further to 1.03 at the end of 2023. At the time of writing, the Euro to Dollar exchange rate (EUR/USD) traded at 1.06699.
Currency Predictions | Currency News UK
WEB20 Dec 2023 at 5 PM - Written by Frank Davies. STORY LINK Euro to Dollar Outlook 2024: HSBC Now Predicts Above 1.10. The Euro to Dollar exchange rate (EUR/USD) has been held below 1.10, but found support below 1.0900 on Monday and advanced to 1.0935 on Tuesday with relatively narrow ranges prevailing.
Pound to Dollar Week Ahead Outlook: Latest GBP/USD Forecast …
WEBApr 21, 2024 · ING now has an end-2024 GBP/USD forecast of 1.25 from above 1.30 previously. The UK data flow overall was close to market expectations. The headline annual increase in wages held at 5.6% in the year to February and compared with expectations of 5.5% while the unemployment rate increased to 4.2% from 3.9%. As far as inflation is concerned, the ...
Pound to Dollar Rate Outlook: Investors opt for safe haven …
WEBJan 15, 2024 · Comments are currrently disabled. Related Stories: GBP to USD Exchange Rate Plunges thanks to Risk-Off Flows - October 2, 2024; Fed’s Powell Triggers Dollar Rebound, Pound US Dollar Rate Held Below 31-Month Best - October 2, 2024; Pound to US Dollar Rate Forecast for Week Ahead: Fed, BoE Divergence Crucial - September 29, 2024; GBP/USD Outlook: Pound to Dollar Rate Strengthens amid Return to ...
Pound to Euro Forecast: "Potential for EUR to slip vs. GBP" say ...
WEBJan 18, 2024 · The Pound has maintained a firm tone during the past 24 hours with markets continuing to react to the latest inflation data. The Pound to Euro (GBP/EUR) exchange rate strengthened to 5-week highs just above 1.1670 before settling around 1.1655 in Europe on Thursday and some Sterling bears are having second thoughts.