# GBPUSD

#GBPUSD

Pound to Dollar Spot Exchange Rate, Analysis and News



Euro

Markets: The Week Ahead 23rd June 2017

A snapshot view of the calendar for next week and commentary on potential catalyst of data of interest. USD: GDP revisions don’t tend to be the most exciting of releases, not helped by...
Great British Pound

GBP: Price Action Through Brexit Talks

Danske Bank FX Strategy Research expects GBP to likely stay in undervalued territory during Brexit talks but be highly sensitive to progress in discussions. "The domestic outlook in the UK is unlikely to...
WTI OIL

Sliding oil prices unnerves markets

Having got off to a good start this week, equity markets managed to give back a good proportion of those gains yesterday as further sharp declines in energy prices undermined the...
Pound

Pound steady as Brexit talks commence

GBPUSD continues to hold a little way above seven-month lows but looks susceptible to any drop in sentiment as tense and tough negotiations over Brexit commence yesterday (June 19th). Sterling traded above...
US Dollar

Dollar firms on hawkish Fed speakers; sterling in focus ahead of speeches by BoE...

The US dollar was firmer on the back of hawkish comments from Federal Reserve officials. Sterling held onto Monday’s losses as all eyes turn to the mansion House speeches later by...
France

Euro steady as Macron set to win legislative elections; sterling in focus as Brexit...

The euro was supported by news that French President Emmanuel Macron won a majority in Sunday’s legislative elections. Sterling was steady ahead of the start of Brexit talks in Brussels today. In...
Pound

Sterling jumps after hawkish BoE; rate hikes could come sooner

The pound jumped after the Bank of England (BoE) policy announcement yesterday, erasing earlier losses against the dollar. The BoE was more hawkish-than-expected and the Monetary Policy Committee (MPC) vote count...
Great British Pound

GBP: No Change From BoE On Thursday; A Non-Event For GBP/USD

Bank of America Merrill Lynch Research expects no major changes in tone at the BoE's policy meeting on Thursday. "We look for another 7-1 vote to keep rates on hold We see...
Pound

Sterling in focus ahead of wages data, and US rate decision

US markets once again managed to break records again yesterday, this time the Dow Jones and S&P500 making new record closes, helped by a rebound in financials and the tech sector...
Canadian Dollar

Loonie BoC Comments Favors CAD

Tuesday June 13: Five things the markets are talking about Overnight, equities have advanced as the global selloff in technology shares showed signs of easing, while sterling has found some support as...
British Pound vs US Dollar

GBP/USD: Cable Faces Potential Volatility in the Week Ahead

The Cable had a particularly rough week as the currency pair reacted to a surprising result from the UK election which saw the conservatives lose enough seats to cause a “hung...
Theresa May

Sterling steady after UK election tumble; euro up after French parliamentary elections

Sterling has stabilized after Friday’s big tumble against the dollar following the shock UK election result that brought about political uncertainty. Prime Minister Theresa May was left with a minority government...
British Pound

GBP Pares Losses But Huge Uncertainty Remains

Equity markets in Europe are expected to start the week a little softer, with the FTSE leading the losses as the UK index pares Friday’s gains and is weighed down by...
Trader Stocks

Sterling dives, FTSE thrives after UK election shock

Sterling tumbled as much as 2.5 percent on Friday, while the FTSE share index opened higher, after British voters denied any party a majority of seats in parliament, plunging the country...
Theresa May

UK Parliament is Hung, Drawn and Quartered

A disastrous night for the Conservatives as an electoral swing sees them lose their parliament majority with a hung House of Commons. The headline says it all really, with GBP/USD falling 2.0...
Theresa May

What Next For GBP After May’s Humiliating Defeat?

It’s been quite a memorable night in the UK where once again an election has come and gone and results have come as quite a surprise to both voters and the...
Theresa May

Conservatives fall short, as election call backfires

It’s not been a great night for the pound or the pollsters as against most expectations the Conservatives failed to win an overall majority in an election they were widely expected...
British Pound

Sterling plunges on political uncertainty after inconclusive UK election result; dollar steady after Comey...

Sterling plunged on political uncertainty after an inconclusive result in the UK general elections that took place on Thursday, with no single party having a clear claim to power. The dollar...
UK

Hung Parliament is the Result of the UK General Election

May Day, May Day, Theresa May’s gamble backfires as hung parliament is confirmed. Theresa May’s gamble of calling a snap general election to strengthen her position in Brexit negotiations has backfired, with...
Theresa May

FTSE Higher and Pound Lower, Gold Immune To UK GE Outcome

European futures are trading lower as the FTSE 100 futures show that traders are not reacting too harshly towards the unexpected outcome of the UK general election Theresa May has suffered the...
London Stock Exchange

GBP sell-off sends FTSE to 7545p

The result of the UK snap election has been dramatic for Theresa May, who was seeking a larger majority for Tories when she announced a snap general election in mid-April. May’s...
British Pound

Pound faces stress test with election in the balance

A stronger Conservative majority likely to produce short-term rally for sterling, but weigh on longer term prospects. Other results may produce risk-off selling in UK assets on political instability but increased...
Europe

Sterling hits 2-week high ahead of UK election; euro steady with focus on ECB;...

Currency markets were showing signs of caution ahead of key risk events later in the day. Risk aversion supported gold and the yen. The euro and sterling held steady while the...
Great British Pound

GBP: Scenarios For UK Election & Targets For GBP/USD

SEB FX Strategy Research outlines 3 main scenarios for the UK elections on Thursday and the potential GBP direction for each of them. "1) Tory majority: This is by far the most expected outcome and...
Trader Stocks

Sentiment mixed before busy Thursday

The European equity markets opened flat to negative on Wednesday, following a quiet trading session in Asia. Investors will certainly remain in wait-and-see mode before Thursday’s busy eco-political agenda including former...
British Pound

Sliding yields weigh on the US dollar

With most of the major event risk towards the back end of this week and after record highs last week, investors appear to be taking some money off the table, which...
Great British Pound

GBP: Scenarios For UK Elections & Directions For GBP

NAB FX Strategy Research outlines 3 main scenarios for the UK elections on Thursday and the potential GBP direction for each of them. 1- "A Conservative victory with an increased majority would now see at least...
FTSE 100 Stocks

Gold up, FTSE down on strong pound

The FTSE 100 opened downbeat on stronger pound. Mining and energy stocks opened flat to positive, although the Qatar isolation and cheaper oil prices keep investors tense and gains fragile. Gold miners...
British Pound vs US Dollar

Politics re-take centre stage in capital markets

Asian stocks followed Wall Street lower on Tuesday as the safe-haven Yen and gold strengthened after a disappointing start to the week. Apparently, it’s geopolitical risks leading the direction. While market...
Euro Vs Poud

GBP: Scenarios For UK Elections & Targets For EUR/GBP

Danske Bank FX Strategy Research outlines 3 scenarios for the outcome of the UK elections on Thursday and the potential target for EUR/GBP for each of them: 1- (Base Case) "We maintain the view...

LATEST

Oil edges up, but still set for worst first half performance in 20 years

Oil
Oil edged up on Friday, recovering some of the steep falls earlier in the week, but crude...

Oil-linked currencies gain with the commodity’s rise; dollar retreats

Brent Oil
As the Asian trading session is coming to a close, the dollar is modestly down while commodity-linked...

Will Silver be Impacted by Rising Fed Hawkishness?

Silver
Silver has continued to see concerted selling pressure as price action remains trapped within the confines of...

Is the USDJPY Rally Ready to Resume?

Japanese Yen
The Dollar Yen’s resurgence has been moderated over the past few days by the presence of the...

Markets: The Week Ahead 23rd June 2017

Euro
A snapshot view of the calendar for next week and commentary on potential catalyst of data of...
Get the latest news delivered straight to your inbox