What is the Pound to Dollar exchange rate forecast for the coming week? We think the Pound will remain vulnerable to further weakness but Friday could see a rebound if a key inflation reading comes in soft.
June 24,2024
Pound Sterling will weaken against the Dollar to levels last seen in May, according to a new analysis.
June 24,2024
The Pound to Dollar exchange rate faces three key tests in the coming week: French political risk, UK inflation (Wednesday) and the Bank of England decision (Thursday).
June 17,2024
Pound Sterling looks vulnerable to a meaningful technical breakdown against the Dollar in the event of a strong U.S. inflation report midweek.
June 13,2024
What is the Pound to Dollar forecast for the week ahead? We expect the Pound to potentially test the $1.28 level thanks to strong technical momentum and a potential undershoot in the all-important U.S. job report.
June 3,2024
The Pound to Dollar exchange rate is forecast to extend its journey towards the top end of its 2024 range in the coming days, but a strong PCE inflation print at the end of the week could upend the rally.
May 27,2024
The Pound to Dollar exchange rate has entered a short-term uptrend that can extend over the coming days, particularly if UK service inflation figures disappoint on Wednesday.
May 20,2024
Pound Sterling looks at risk of a near-term pullback and consolidation against the Dollar, but further gains the bigger picture is one of an increasingly bullish technical setup as indicators advocate for further advances.
May 16,2024
It's off the races for the Pound to Dollar exchange rate if Wednesday's U.S. inflation print undershoots expectations.
May 13,2024
Investment bank Goldman Sachs has lowered its forecasts profile for the British Pound, saying expectations for future UK interest rate levels are less supportive than was previously the case.
May 7,2024
The Pound to Dollar exchange rate's late-week slump is an ominous sign and points to the potential for losses in the coming days.
May 6,2024
The Pound to Dollar exchange rate recovered last week but was unable to hold 1.25, and a hawkish Federal Reserve update and a strong payroll print could result in more of those gains being returned.
April 29,2024
The Bank of England is turning dovish as there is further disinflation in the pipeline in the UK, which should keep the Pound under pressure.
April 23,2024
The Pound to Dollar exchange rate is forecast to recover recent losses in the coming week, with focus falling on UK PMI data and U.S. PCE inflation numbers.
April 22,2024
The Dollar is in charge, but the pace of recent advances could be a case of 'too fast, too soon' and a pullback could be on the cards this week.
April 15,2024
Pound Sterling's solid recovery late last week following the U.S. job report blowout offers a telling clue as to how this week's price action might pan out.
April 8,2024
The Dollar is on a charge, backed by consensus-beating U.S. data that means the U.S. Federal Reserve will likely cut interest rates after the Bank of England and European Central Bank.
April 2,2024
Dollar weakness in the second half of 2024 is a high-conviction call for economists at Wells Fargo, one of the biggest main street lenders in the United States.
March 27,2024
Ongoing Dollar strength will ensure one of the world's top forecasters stays ahead of the pack with its counter-consensus expectation that the Greenback will outperform in 2024.
March 26,2024
The Pound to Dollar exchange rate's technical setup has broken down, and further weakness is likely in a week dominated by the release of the U.S. PCE inflation report.
March 25,2024
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