Pound to US Dollar exchange rate Best time to sell US Dollars against GBP in 2 years

Pound to US Dollar exchange rate: Best time to sell US Dollars against GBP...

Pound to US dollar exchange rates have been more volatile than usual with no shortage of events for traders to pore over in their assessments of the relative values of the pairing. On the US dollar, interest rate expectations are the key topic today, with investors closely monitoring whether or not the US Federal Reserve will look to cut their base interest rate this evening. Brexit weighs on the Pound For sterling, Brexit uncertainties have been the key issue, with the apparent increasing of no-deal prospects...
Pound to US Dollar forecast Could the GBPUSD rate fall below 1.20 again?

Pound to US Dollar Outlook: GBP/USD hits lowest levels in 2-years

Federal Reserve could cut interest rates on Wednesday this week: What could happen to the Pound to US Dollar exchange rate? The pound to US dollar interbank exchange rate at the end of last week fell to the lowest levels in 2 years. It is now widely anticipated in the currency markets that the US Federal Reserve, the US central bank, will look to cut interest rates at their latest meeting on Wednesday. The US Federal Reserve have been openly discussing the prospect of lowering...
Pound to US Dollar rate: US GDP data out today, what could happen to GBP/USD exchange rates?

Pound to US Dollar forecast: US GDP data out today, what could happen to...

US GDP data out today: What could happen to the GBP/USD rate? The pound to US dollar exchange rate has seen movement recently due to a mixed array of economic data out of the US recently with today marking the release of GDP Q2. This is set to cause movement for the USD which may provide some worthwhile opportunities for clients looking to transfer dollars should the data suggest healthy growth that it has been experiencing for an unprecedented duration. However, whilst the previous release provided...
Pound to US Dollar exchange rate Sterling vs US Dollar hits lowest level since October 2016

Pound to US Dollar exchange rate: Could Boris Johnson’s appointment give the Pound a...

Boris Johnson wins contest: How have the GBP/USD currency markets reacted? Yesterday at around lunchtime it was announced, as expected, that Boris Johnson would become the new leader of the Tory Party and therefore, the new Prime Minister of the UK. Although this was expected, and more or less priced into the market we did see a boost to the pounds value across the board of major currency pairs. This morning the pound to US dollar exchange rate is also trending upwards ever so slightly...
Pound to US Dollar rate Further Dollar strength expected against Sterling?

Pound to US Dollar rate: Further Dollar strength expected against Sterling?

The pound to US dollar has weakened as the dollar has continued to strengthen against both the pound and the euro recently. US Federal Reserve interest rate decision The US Federal Reserve are due to meet before the end of the month and the expectation is for an interest rate cut. The real decision for the Fed is whether to cut by 25 basis points or 50. The strongest hint has come from New York Federal Reserve President John Wiliams who said, 'it's better to take preventative...
Pound to US Dollar exchange rate Sterling falls back below 1.25 against Dollar

Pound to US Dollar exchange rate: Sterling falls back below 1.25 against Dollar

The pound to US dollar exchange rate is back below 1.25 once again today, following creeping slightly above it towards the end of last week. This once again goes to show that any spikes in the value of the pound do seem to be fairly short lived and have not been hanging around for long. UK politics influencing Pound to US Dollar exchange rate Currently, there are a number of political issues that are impacting the value of sterling most notably being Brexit progress (or rather...
Pound to US Dollar forecast Bets increase on 50 basis point interest rate cut from the Fed What could happen to GBPUSD?

Pound to US Dollar forecast: Bets increase on 50 basis point interest rate cut...

Recent performance of the USD The pound to US dollar exchange rate has fallen as the US dollar has had a terrific run of form against most major currencies, seeing gains against most majors once again over the past few weeks. There are a number of analysts who are now starting to question whether or not the dollar has any further to go or if we may be close to seeing the US dollar exchange rate start to turn back again. US Federal Reserve expected to...
Pound to US Dollar forecast How will the Brexit negotiations affect GBPUSD exchange rates?

Pound to US Dollar exchange rate forecast: Dollar hits 27 month highs against Sterling

US Dollar reaches 27 month highs against Sterling The US dollar has strengthened against the pound of late due to several contributing factors. The Trump administration is waging trade wars on multiple fronts and usually you would expect the country currencies involved to weaken as a result. This is not happening in the US. US Dollar benefitting from US China trade war As global economic uncertainty increases investors are looking to put their money into US dollar safe haven investments. The US dollar is considered a safe...
Pound to US Dollar exchange rates a slight boost for the Pound vs the US Dollar

Pound to US Dollar forecast: Will Sterling continue its decline against the USD?

For clients that are selling US dollars to buy sterling, current exchange rates are fantastic in comparison to the last 10 years. As its been heavily documented in recent articles, the pound to US dollar rate continues to devalue due to the ongoing Brexit saga and only up until the last couple of months, the US Federal reserve have been hiking interest rates which has strengthened the greenback. Brexit is an issue that is not going away: EU still unwilling to renegotiate Brexit deal Looking...
Pound to US Dollar rate Interest rate cut from the US Federal Reserve Bank will GBP/USD rates recover from its current lows?

Pound to US Dollar rate: Interest rate cut from the US Federal Reserve Bank,...

After the recent period of weakness sterling exchange rates remain towards the bottom end of their recent trading ranges, with the pound to US dollar figure trading just 20 pips from its annual low at the time of writing in the 1.24's. The pound has got off to a weak start this morning and it's fallen by almost 0.50% already this morning, as markets await Employment data which is set for release this morning. Pound to US Dollar: How will a likely interest rate cut affect...