Pound Sterling has retraced from the peaks of its October rally against the Dollar and further losses are possible over coming days, particularly if the Bank of England disappoints markets by shying away from raising interest rates.
November 1,2021
The Pound can still advance in value against the Dollar says a leading strategist we follow, supported in part by the stimulatory fiscal impulse provided by this week's budget announcement, although for now gains will likely be capped ahead of next week's central bank updates.
October 28,2021
GBP/USD steadier & supported at 1.3724 & then 1.3713, but could struggle on any recovery above 1.3800.
October 25,2021
Analysts at MUFG have raised their forecasts for the British Pound in light of a sustained fall in UK Covid-19 cases which they say will ultimately allow the Bank of England to raise interest rates in 2022.
August 4,2021
The GBP and JPY were the outperforms at the start of the new week with gains underscoring the importance of investor sentiment in the current foreign exchange market environment as market participants consider the shift in risk surrounding the UK referendum and the BoJ policy decision.
April 27,2016
The pound is in decline against the dollar: the average GBP to USD exchange rate was at 1.4415 in January 2016, 1.4313 in February and 1.4249 in March.
April 16,2016
Any strength in the pound to dollar exchange rate strength is forecast to be temporary according to analysts at Westpac.
April 14,2016
One of the best performing currency pairs of the latter part of the week, GBP/USD is coming under renewed pressure.
March 22,2016
The pound to dollar exchange rate (GBPUSD) has bounced by an eye-opening 0.8% in the wake of the US Federal Reserve’s March policy meeting.
March 18,2016
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