# GBPUSD

#GBPUSD

Pound to Dollar Spot Exchange Rate, Analysis and News



Great British Pound Currency

GBP recovers to 1.29 on surprise UK wages data

The UK wages growth surprised on the upside, as the British households saw their average earnings improved by 2.1% (3 month-on-year) versus 1.8% anticipated by analysts. Still, consumer prices rose by 2.6%...
Great British Pound Currency

Pound steady on EU customs deal, slides on inflation

Has inflation peaked?  “The expected pickup didn’t happen. Inflation remains cooler and the pound dipped as investors had expected a rebound in July following the surprise drop in June. Inflation fell from...
Stock Market Janet Yellen FOMC

One set of data not enough to boost bullish dollar bets

Developments in the last 48 hours have finally given dollar bulls much-needed motivation to send the greenback higher. It started on Monday, with upbeat comments from New York Fed President Bill Dudley,...
Federal Reserve FOMC Stocks

European Futures Higher, FOMC Minutes May Reveal New Details, Sterling Needs Help, Crude Inventory...

Sceptical About Dollar Rally Hawkish FOMC Minutes Could Push Gold Lower UK Earning Data Could Save Sterling API Data Tumbled While Focus on Crude Inventory European markets are  keeping their attention...
Great British Pound Currency

Pound hit after inflation reports

Sterling has fallen by 0.41% against the dollar on Tuesday following the Office for National Statistics reports on consumer and producer prices. In July, the consumer price index was unchanged at 2.6% while the...
US Dollar Currency

Dollar climbs as war tensions calm; euro drifts lower after poor industrial performance

During European trading hours, the dollar managed to reverse partially from losses made on Friday, after comments by two US civil officials and the South Korean president on Monday eased war tensions between the...
Euro Currency

Forex markets’ reaction muted on economic data, dollar on rise

Forex markets have had a muted reaction to the released economic data during the Asian session. The yen weakened against the greenback despite an upbeat string of figures out of Japan...
US Dollar Japanese Yen

Japanese Data Injects Life, Dollar Bearish Bets At Record High Since 2013, Sterling and...

Japan Overwhelms While China Underwhelms Global Arena Looks At Trump Temper Bearish Bets At A Record Level Since 2013 No Hope For Sterling Bounce Oil Lower After OPEC Supply Spikes Japan...
Euro Dollar Currency

Geopolitical tensions unfold, though rally for safe havens comes to halt

Escalating turmoil between the US and North Korea has continued to dominate the news flow in forex markets as the war of words threatens to spill over into army confrontation. However, the...
Great British Pound Currency

Sterling treads water after drop; outlook bearish

Sterling steadied on Tuesday after posting its biggest four-day decline in two months against the dollar as investors grew bearish about the outlook of the economy. The British pound was broadly flat...
German Economy DAX

Markets in sleep mode, VIX drops below 10

Despite the S&P 500 and Dow Jones industrial average hitting record highs on Monday, the news barely made headlines. I think this could be explained by the scale of the moves....
London Stock Exchange FTSE

FTSE 100 assisted by miners

European stock markets are quiet this morning, and we are seeing mixed movements across the major indices. The FTSE 100 is outperforming the eurozone benchmarks like the DAX and CAC 40, as mining companies are helping...
US Dollar Currency Yen

Dollar in doldrums ahead of NFP data; most other majors and gold firm up

The greenback had yet another setback overnight ahead of the eagerly-anticipated non-farm payrolls data out today. Following yesterday’s disappointing ISM non-manufacturing PMI, the dollar slid on an alleged grand jury issuance...
Bank Of England

Is the BoE ready to hike rates?

Sterling held above 1.32 against the dollar early Thursday as traders eagerly await the  Bank of England's policy meeting today. Bond yields declined from July highs but remained elevated, as some...
Great British Pound Currency US Dollar

Sterling gains ahead of BOE, Trump approves Russia sanctions, US-China trade at risk

Markets have been relatively quiet during the Asian session with only a couple of notable economic data releases, which haven’t caused significant moves in the forex market. Looking ahead, the key...
Great British Pound Currency

Sterling steady after UK services data

Equity markets in Europe have been broadly edging lower in the past few months and today is no different. Overnight in Asia, we saw a slight fall in equities as the Caixin survey...
Bank Of England

Cable Likely to be Buoyant as Bank of England Set to Meet

The Cable experienced another week in the green as the pair reacted to both the U.S. FOMC and UK GDP results. However, it was largely the FOMC’s lack of hawkishness that...
Currencies

Top world economies expand, but arising geopolitical risks take stage in forex markets

The US dollar gained during the Asian session, with the dollar index up 0.20% to last trade at 93.44. The session was busy with ample of data from Asian economies signaling...
Great British Pound Currency Euro

GBP: BoE To 6-2 In Favor Of Unchanged Rate Next Week; EUR/GBP Could Retest...

At next week's BoE August policy meeting, Danske Research expects the central bank to vote 6-2 in favor of keeping the Bank Rate unchanged against 5-3 on the previous occasion. "The reason is mainly...
Great British Pound Currency

Cable Prepares to Start a Bullish Fundamental Trend

The Cable had a relatively poor week after the UK Inflation figures surprised the market, coming in well below estimates at 0%, and sending the Cable in to selloff mode. Subsequently,...
Great British Pound Currency

Cable Prepares to Mount a Move Higher as the Oscillators Climb

The past few days have been relatively volatile for the Cable as the pair has been beset by the softer than expected UK inflation figures. This has caused a relatively rapid...
US Dollar Currency

Dollar Bears

UK Consumer Price Index (CPI) data was released on Tuesday showing inflation easing for the first time in nearly 10 months, retreating from the near 4-year high touched in May, as...
US Dollar Currency

Dollar at fresh 10-month low; sterling hurt by weaker-than-expected inflation

In terms of economic releases, UK inflation numbers were by far the most important release during yesterday’s European session. The downside miss hurt sterling which posted a ten-month high versus the...
Great British Pound Currency

Inflation pressure starts to ease

The squeeze on real wages doesn’t appear to be getting any worse after UK CPI for June came in at 2.6%, 0.3% down from May’s 2.9%, which could mean that this...
Great British Pound Currency

GBP Collapses On Weak CPI

GBP falls 100 points as U.K. CPI data comes in lower at 2.60% YoY Well the much-vaunted CPI data from the U.K is out, and there must be collective sighs of relief...
Great British Pound Currency

Cable Remains Flat Ahead of Employment Data

The Cable experienced a relatively torrid week as the pair was initially beset by a negative UK Manufacturing PMI result of 54.3. In addition, the Construction PMI also proved disappointing, coming...
Currencies

Aussie gains on strong business conditions; dollar strength unfolds; oil up slightly

As the Asian markets were about to close for the day, the dollar continued strengthening against the yen and the euro. The Australian dollar rose for the day on strong business...
Great British Pound Currency

Sterling in focus ahead of Haldane and Broadbent speeches

European markets saw positive momentum from the better-than-expected US jobs report at the end of last week carry over into another positive session yesterday, as a strong performance in German trade...
Japanese Yen

Yen extends losses, pound holds ground

Global equity markets started the week on a positive note. Copper (+0.13%), zinc (+0.63%) and steel bar (+2.18%) traded higher in Asia, as the cooler Chinese inflation eased expectations of a further...
Great British Pound Currency

GBP: Is BoE Defending GBP Credibility? What’s The Trade?

Barclays Capital FX Strategy Research notes that the recent hawkish stance of the BoE following Governor Carney’s speech last week come could likely be an attempt by the central bank to defend the credibility...

LATEST

GBP recovers to 1.29 on surprise UK wages data

Great British Pound Currency
The UK wages growth surprised on the upside, as the British households saw their average earnings improved...

UK unemployment falls again to lowest since 1975, wage growth still lacklustre

Employee at Steel Plant China
Britain's unemployment labour market bucked tepid economic growth in the second quarter as the unemployment rate unexpectedly...

US Dollar holds gains

Federal Reserve
The dollar held on to big gains on Wednesday ahead of today's Federal Reserve's minutes. The Fed releases...

Dollar Torpedos Gold Whilst Oil Checks Its Inventory

Gold Commodity
Huge inventory draw saves crude’s blushes as a stronger dollar twists the knife in gold’s side. The American...

EUR/CHF: Limited Downside Risks From Current Levels; Staying Long

SWISS FRANC
Credit Agricole CIB FX Strategy Research argues that EUR/CHF faces limited downside risks from current levels on the ground that...
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