# GBPUSD

#GBPUSD

Pound to Dollar Spot Exchange Rate, Analysis and News



Stock Exchange - FTSE 100 Index

Mixed sentiment pre-US healthcare vote

The FTSE 100 stocks stand strong against the pound appreciation. The FTSE index held the ground above the 7300p level on Thursday’s session and opened mixed on Friday. Improved global risk...
Donald Trump

Fed Speeches and Health Care Prominent

Sterling and FTSE relation reversing before Theresa May triggers the article 50. The Fed speeches and the US health care bill going to bring more volatility for the market. Today will be...
Donald Trump

Trump rally to be tested by healthcare vote

A growing sense of caution has gripped the financial markets this week with investors on standby ahead of Thursday’s key healthcare vote in Congress which may thoroughly test the Trump bump. Uncertainty...
British Pound vs US Dollar

Cable Loses its Upside Momentum Despite Surprising Retail Sales Result

The U.K managed to surprise everyone overnight as the latest round of retail sales proved highly robust, coming in well above estimates at 3.7% y/y. Subsequently, the pair rallied around 60...
Great British Pound

GBP gains on data, EUR on the rise

The UK’s retail sales, excluding autos, grew 1.3% month-on-month, printing a yearly expansion of 4.1% versus 3.2% expected by analysts. The solid data underpinned the GBP-bulls. The pair hit 1.2520 as...
BGC Brokers London Stocks

Risk-off: Airline, bank shares tumble

The sharp appreciation in the pound is taking its toll on the UK stock markets. The FTSE started the day downbeat, as financials (-0.99%) led losses after the US banks took...
Oil Prices Rise

Singapore’s stock market rally slammed by oil and gas woes

The S&P 500 index slid for a third day, dragged by financial (-0.9%) and utility (-0.68%) sectors. Market sentiment has been weighed by news that the FBI is probing possible ties between...
Great British Pound

Risk-off on G20, Cable above 100-dma

The European equity markets started the week on a heavy risk-off sentiment after the G20 communiqué explicitly reflected the US intentions to establish trade protectionist measures. The FTSE 100 opened downbeat as...
British Pound vs US Dollar

Pound appreciates on BoE, EUR gains

The pound strengthened after the Bank of England (BoE) revealed a surprise hawkish shift at yesterday’s monetary policy meeting. The MPC voted 8 to 1 to keep the bank rate unchanged at...
Great British Pound

Pound reverses gains on low wage growth in UK

The British pound gave back some of the gains recorded on Wednesday morning, as data from the Office for National Statistics showed wage growth in the United Kingdom slowed down during...
Janet Yellen

Dutch election, UK labour data, the Fed

Cable sold off on the back of softer earnings report. The average earnings in Britain grew by 2.2% in three months to January, versus 2.4% expected and down from 2.6% printed a...
US Dollar

Dollar wobbles ahead of FOMC

The Greenback was under pressure during early trading on Wednesday as bears exploited the pre-FOMC jitters and anxiety to attack prices lower. Although sellers may be commended on their ability to trigger...
Federal Reserve

Waiting for the Fed

Asian markets opened broadly lower this morning, following a pull-back of US equities last night. The S&P 500 index has consolidated for a second week. It seems that the unstoppable ‘Trump...
Great British Pound

Sterling slips as Brexit talks get green light, stocks advance before Fed

Sterling dropped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks advanced ahead of an expected U.S....
Theresa May

Brexit, Dutch election and the Fed

The UK’s Parliament gave Theresa May the permission to trigger the Brexit. The Brexit Bill is expected to receive the Royal Assent today, which means that in theory, May could trigger...
British Pound

Pound tumbles across the board after approval of Brexit bill; dollar strengthens ahead of...

Currency markets were in a wait-and-see mode during the Asian session as investors were cautious ahead of central bank meetings this week (which include the Federal Reserve, the Bank of Japan...
Asian Stocks

Will the EU chaos take Asian stocks down?

It has been an exciting year for stock traders. The ‘Trump effect’ spurred equity-market rallies globally in January and February, and now the focus has shifted toward Europe. This is going to...
British Pound vs US Dollar

Sterling rallies as markets await potentially big political and monetary developments this week

tock markets have been steady overnight with US index futures down slightly while the FTSE and Dax are up slightly. The biggest move was in the Hang Seng which staged a...
Manufacturing

UK factories, export data suggest Brexit boost from weaker sterling

British factory output had its strongest growth in nearly seven years in late 2016 and early 2017 and exports also grew quickly, data showed on Friday, suggesting a Brexit boost for...
Euro Dollar

Gold slips below $1200, NFP in focus

As expected, the UK’s industrial and manufacturing production contracted in January. Cable remains offered pre-1.2200. The negative trend is picking up momentum for a potential pullback toward the 1.20 level. The FTSE is...
Great British Pound

Will the Cable Discover a Bottom?

The past week has seen a rapid descent for the Cable as sentiment has flowed strongly into the greenback as speculation of an impending FOMC rate hike has continued to mount....
Theresa May

Focus on UK budget; US, China deficit

The GBPUSD plunged to 1.2169 on Tuesday, amid UK PM Theresa May’s second defeat on Brexit before the House of Lords. Investors will keep an eye on the pound as Chancellor Hammond...
Stocks In Red

Bang it’s gone….Famous Flash Crashes

On the 7th of October 2016, there was a flash crash in the value of the Great Britain pound, where it dropped by 6% against the USD within two minutes. It...
Brexit In Campaign

Trading GBPUSD: Time to turn bullish on sterling despite Brexit?

GBPUSD outlook more bullish, says Morgan Stanley. Sterling has slipped to a seven-week low ahead of the Budget, trading below $1.22 for the first time since Theresa May launched her campaign for...
US Dollar Japanese Yen

Yen rises after Japan GDP data; sterling weak ahead of UK Budget

The yen was one of the better performing major currencies today due to a bit of risk aversion in the markets. The US dollar edged slightly lower as investors took on...
Crude Oil

WTI bulls struggle above $52.50

WTI Crude breached $53 during trading on Tuesday after industry data pointed to a potential ninth straight week of inventory builds which revived some oversupply concerns. Although OPEC members have made an...
Great British Pound

FTSE gains timid as Cable tests 1.22

The UK has a busy agenda on Tuesday and Wednesday. Today, UK PM Theresa May has yet another tough day before the House of Lords. The UK’s lawmakers are expected to amend...
Euro Vs Poud

Sterling slips to seven-weak low vs euro

Sterling slipped to a seven-week low against the euro on Monday, weakened by uncertainty over when the formal mechanism for Britain's departure from the European Union would be triggered, as well...
Great British Pound

Will Cable Continue to Decline in the Week Ahead?

The Cable had a relatively torrid week as the pair reacted to the ongoing hawkish rhetoric from various US Federal Reserve members. This saw a sharp Dollar rally early in the week,...
Janet Yellen

Risk-off pre-Yellen, PMI weighs on GBP

Cable extended losses to 1.2245. The UK’s services PMI came in slighlty softer than estimates. The disappointment accelerated the sell-off as the pair had already taken off 1.2260 support, the major...

LATEST

Oil slips towards $50 on doubts over output-cut extension

Oil
Oil fell further towards $50 a barrel on Monday, pressured by uncertainty over whether an OPEC-led production...

FTSE hits one-month low as miners, Babcock slide

London Stock Exchange
Britain's top share index hit a one-month low after the failure of U.S. President Donald Trump to...

BT fined record 42 million pounds for business-line installation errors

BT - British Telecom
Britain's BT has been fined a record 42 million pounds ($53 million) by the regulator for failing...

What’s up Next for the AUD?

Australian Dollar
The AUDUSD has reached a bit of an impasse as a result of last week’s tumble which...

USD/JPY Faces a Critical Support Zone as 1.10 Handle Now in Focus

US Dollar Japanese Yen
The past week has been highly negative for the USDJPY as s sentiment swing, against the U.S....
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