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...
The pound started the week by moving sideways against the dollar, before gaining enough traction to send it to a 10-day high – rising to the 1.38 level for the first time since 16 July.

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 Dollar Rate Hits Three-month High

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...
Pound to Dollar Rate Recovers Losses

Pound to Dollar Exchange Rates in Run Up to Brexit Meaningful Vote

Pound to dollar exchange rates should be set for a volatile fortnight as Brexit now moves into the final stages after Parliament has returned from the Christmas recess. The meaningful vote which was supposed to take place before Christmas is now scheduled to be held 15th January. The withdrawal agreement and Brexit deal will be debated in the House of Commons this week leaving a short but very uncertain period for the pound before new direction is provided whichever way the vote goes. Irish...
GBP USD Exchange Rate Rebounds Above 1.31

Is the US Dollar set for a tough run in 2019?

Sterling has made further inroads against the USD this morning, following on from yesterday’s positive gains. GBP/USD rates have moved to a morning high of 1.2671, with the Pound trading a cent and a half higher than it was at this time yesterday. The USD saw a sharp selloff yesterday following Apple Inc.’s warning that weak Chinese sales were going to negatively impact their Q1 turnover this year. The Dollar’s drop in value was also heightened due to thinner trading conditions on Wednesday, as the...
Pound to Dollar forecast: Sterling continues to decline against the US Dollar

Flash crash sinks Pound to US Dollar rates

Pound to US dollar rates suffered the effects of increasing uncertainty in financial markets as GBP/USD surged into the 1.24's on safe haven fears. The move came overnight as auto-trades were triggered by a slump in global confidence. The news on financial markets has been shaky to say the least as we enter 2019 with the growing threat of worsening trade wars, political uncertainties and a growing chance of a financial crisis. Stock markets globally have been lower and it might have been some particularly bad...
GBP USD Exchange Rate Drops to Fresh Low as Truss Becomes New PM

Pound to US Dollar Trades Lower on Brexit Uncertainty

The pound to dollar exchange rate is set for a volatile few months as we start 2019, with the final Brexit withdrawal date approaching. There is a growing chance that a no deal scenario could emerge which is one of the reasons the pound is trading at these lower levels. Rates for GBP vs USD are sitting at 1.27 for the pair. There are some important dates approaching in January and any political developments over Brexit will inevitably be the main driver for sterling exchange...
GBP USD Exchange Rate Rises Sharply Following Fed Rate Hike 

Will the Dollar get stronger in 2019? Interest rate hike from the Federal Reserve,...

Will the Dollar get stronger in 2019? The Federal Reserve made their move last night to raise interest rates for the fourth time in 2018, in a move that went against Donald Trump's wishes. This so far has had a minimal impact on Dollar exchange rates. The reason for this is that many investors and speculators had wide expected the rate hike, and the currency markets quite often move on expectations as well as fact. What would have been of great interest would have been the...
Pound to Dollar Rate Pushed Higher by Falling Covid Cases and Weak Dollar

US Dollar improves against the Pound owing to Brexit uncertainty and US interest rate...

The US Dollar to Pound rate remains close to its best levels of 2018 as the uncertainty of Brexit continues to rumble on. The vote on the Brexit deal was postponed last week after it became apparent that MPs would not have voted in favour of the current deal on offer. This then led to the Tories putting forward a vote of no confidence in Theresa May, but she managed to survive this with a win of 200-117 last week. Since then Prime Minister Theresa May...
Pound to Dollar Rate Moves Higher Following Fed Meeting Minutes

Pound to Dollar forecast: What’s next for Sterling and will the US Dollar get...

The Pound hit a 20 month low against the Dollar in trading sessions earlier in the week as the markets digested the fact that Theresa May had to face a vote of no confidence, which led to political uncertainty for the UK and Sterling weakness. Sterling then made gains back against the Dollar as the week progressed following a victory for Prime Minister May and Brexit talks getting back into the swing of things. It does appear that very little progress is being made and...