Tag: GBP USD
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GBP/USD Weekly Summary: Exchange Rate Drops as Fed Rate Hike Expectations Remain High GBP to USD Weekly Forecast
June 6 2022The Pound US Dollar (GBP/USD) exchange rate began last week on a downward slope amid a pessimistic outlook for the UK economy A recovery in global … read more
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Pound US Dollar (GBP/USD) Exchange Rate Drops as US Labour Market Remains Tight GBP to USD
June 1 2022(Updated 16:40 01/06/22) The Pound US Dollar (GBP/USD) exchange rate continued to fall today A robust JOLTS job openings reading as well as an … read more
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Pound US Dollar (GBP/USD) Exchange Rate Inches Up on USD Weakness GBP to USD
May 19 2022Pound US Dollar Exchange Rate Wavers ahead of Key Data The Pound US Dollar (GBP/USD) exchange rate is edging higher this morning on tentative … read more
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Pound Falls as UK Recession Fears Intensify, Euro Bolstered as Lagarde Hints at Summer 2022 Rate Hikes From ECB Business News
May 18 2022UK’s poor long-term outlook hampers PoundThreat of UK-EU trade war loomsECB unexpectedly signals imminent rate hikeFed continues to hint at 05% … read more
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Pound US Dollar Weekly Summary: GBP/USD Exchange Rate Hits Two-Year Lows as UK Growth Slows GBP to USD Weekly Forecast
May 16 2022The Pound US Dollar (GBP/USD) exchange rate fell to two-year lows last week The currency pair began the week on the back foot as a pessimistic … read more
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Pound US Dollar (GBP/USD) Exchange Rate Edges Higher amid Hit to US Confidence GBP to USD
May 13 2022(Updated 16:30 13/05/22) The Pound US Dollar (GBP/USD) exchange rate ticked upward today Major gains for the currency pair were likely limited by … read more
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Pound Tumbles on BoE’s Alarming Economic Forecasts, US Dollar Gains as Fed Raises Rates by 0.5% Business News
May 11 2022Economic pressure on Russia increasesBoE gives gloomy future outlook for UKFed commits to taming inflation after raising ratesSlowing UK GDP to … read more
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GBP/USD Weekly Summary: Exchange Rate Plummets Following BoE Interest Rate Decision GBP to USD
May 9 2022The Pound US Dollar (GBP/USD) exchange rate began the past week trading within a narrow range A risk-on mood helped to limit losses for the Pound … read more
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Pound US Dollar (GBP/USD) Exchange Rate Recovers amid Profit-Taking GBP to USD
April 29 2022(Updated 16:40 29/04/22) The Pound US Dollar exchange rate continued to climb today Pervasive profit taking kept the US Dollar buoyed as well as … read more
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Pound Drops as Investors Pare Back BoE Rate Hike Bets, US Dollar Soars as Powell States 0.5% Hike is ‘On the Table’ Business News
April 27 2022Russia ramps up nuclear rhetoricPound drops as parliament set to investigate JohnsonUS Dollar soars as Powell signals 05% rate hikeEuro struggles as … read more