Pound to dollar forecast: Best rates to sell US dollars for pounds in 2 months

Pound vs Dollar: How will next week’s vote on May’s deal impact the GBP/USD...

Next week could be very busy for Sterling exchange rates as the next meaningful vote on UK Prime Minister May's deal will take place. It's expected to be held on the 12th, with speculation mounting as to what could happen to the Pound in the event her plan is voted in favour of, or against again. The Pound is the best performing major currency of 2019 so far and some substantial gains have been made, with GBP/EUR trading around a 22-month high and GBP/AUD trading...
Pound to US Dollar forecast Best time in 2 years to sell US Dollars for Pounds

Potential for another US interest rate hike and the impact of the UK’s meaningful...

The US Dollar has continued to fight back against the Pound this week and has already moved by 2 cents during the last few days or the difference of £2,400 on a currency transfer of USD $200,000. This movement demonstrates how volatile the currency markets are and highlights the importance of being kept up to date with a currency broker. After seeing some indifferent economic figures Stateside the data published yesterday showed an improvement in the services sector of 59.7 from 56.7 compared to the previous...
Pound US Dollar Forecast: With Brexit less than 4 weeks away what will happen to GBP/USD rates?

Pound US Dollar Forecast: With Brexit less than 4 weeks away what will happen...

Over the last few days it appears as though the talks between the US and China are improving and this could mean an agreement is reached in the near future. Part of the new agreement means that China will have to buy US based agricultural goods as well as reducing costs for American companies based in China. The US Dollar marginally strengthened against the Pound towards the end of last week and if the talks conclude this could provide the Dollar with further strength against the...
Pound to Dollar forecast: Are we closing in on the end of the US China Trade war?

Pound to Dollar Exchange Rates Push Back Over 1.30

Pound to dollar exchange rates has moved higher with good gains of over 1% seen yesterday for the GBP to USD pair taking rates above 1.30. The move higher comes ahead of an important meeting today between UK Prime Minister Theresa May and European Commission President Jean Claude Juncker. Optimism has been growing that there may be some sort of compromise or adjustment on the controversial Irish backstop, which has made the negotiations more difficult. There are two parts to this. It is believed...
Pound to US dollar forecast : Busy week ahead for GBP/USD exchange rates

GBP/USD drops as UK data disappoints, will the pair remain below 1.30?

The Pound to US Dollar (GBP/USD) exchange rate has just hit its intra-day low as a raft of UK economic data releases have disappointed the markets this morning. Disappointing UK economic data Retail Sales figures in the UK disappointed for the month of January after being released at 2.5%, when the consensus was for 2.6% which was already a drop from the previous figure. At the same time the Consumer Price Index figures, which reflect UK inflation levels have now dropped below the Bank of England's...
Pound to Dollar forecast: Are we closing in on the end of the US China Trade war?

Pound to Dollar forecast: Should I buy US dollars now ?

In recent weeks Pound to Dollar rates, also known as cable exchange rates, have been on the rise. To put this into monetary value a £200,000 transfer into US dollars today compared to the middle of December, now generates $12,000 more. US Dollar weakness The US dollar has been on the decline due to the US Government shutdown. Donald Trump shutdown part of the Government in a bid to persuade Congress to back the wall that he wants built between the US and Mexico. The shutdown...
Pound to US dollar forecast: Will GBPUSD levels rise or fall in April?

Will Sterling go back above 1.30 against the Dollar?

Sterling has made good gains against the dollar over the course of the trading week, and in fact breached the key 1.30 level last night if only for a few hours. Brexit appears to be the main market driver for the pound and any economic data that has been released lately has had very little impact on trading levels. The latest news from the past week is that Theresa May has managed to overcome their latest obstacle where she survived a vote of no-confidence vote by...
Trump trade optimism sends the Pound to AUD rate lower

US Dollar Forecast: US Dollar set to lose value

US Dollar Forecast: Trade War and Forward Monetary Policy does not bode well for US Dollar The US Dollar could be facing a rough year. Federal Reserve Chair, Jerome Powell has had a dovish tone when discussing potential rate hikes at his past few press conferences and the new stance from the Fed seems justified considering the problems that are facing the US economy. US President, Donald Trump has put in place a partial Government shut down in an attempt to force funding for his US/Mexico...
GBP/USD Forecast - GBPUSD falls

GBP/USD Forecast – How will GBP/USD rates perform this week?

GBP/USD forecast: This is a major week for the pound to US dollar exchange rate as investors closely monitor the fallout from the UK's Brexit plans and await further news on the US Government shutdown. This week could see some key developments in both issues, as well as others, to move the currency markets. GBP/USD Forecast: The impact of Brexit outcomes Firstly, the Brexit vote in Parliament will attract lots of headlines. Will we finally see some progress on Brexit? It seems it could get worse...
Pound to US Dollar forecast: How will Non-Farm Payroll data affect GBP/USD exchange rates?

GBP/USD Forecast: Will the pound lose more ground against the US dollar?

The pound has entered 2019 on a weaker footing owing to Brexit uncertainties, compared to some of the higher levels achieved against the greenback in 2018. Movements in 2019 has been mainly dictated by the US dollar, as the currency markets try to gauge the outlook and likelihood of further economic uncertainty in the United States. The tensions inherent in the US and global economy were highlighted last week when the mini 'flash-crash' triggered a strengthening of the US dollar. This move, likely triggered by...