# GBPUSD

#GBPUSD

Pound to Dollar Spot Exchange Rate, Analysis and News



Mark Carney

UK inflation in focus as Carney testifies to MP’s

While European markets had a quiet and a somewhat mixed session yesterday, US markets continued to kick on from last week’s gains, once again making new record highs, continuing their divergence...
Bitcoin

Bitcoin hits all-time high, US CPI in focus

It has certainly been another eventful trading week for financial markets, as investors tussled with rocky Brexit negotiations, Catalonian developments and geopolitical tensions across the globe. Global stocks have displayed resilience against...
Euro Currency

EUR pricing amid low rates, QE exit

The pound has gone wild on Thursday. The GBPUSD tanked to 1.3120 as the European Union’s Chief Negotiator for Brexit Michel Barnier said the EU will start ‘internal preparatory discussions’ amid the...
UK

Brexit Watch: Deadlock Continues as Attention Shifts to Theresa May

With European Union (EU) ministers struggling to make headway over Brexit, British Prime Minister Theresa May will attempt to put negotiations back on track Monday as talks resume in Brussels. The British...
Great British Pound Currency

GBP/USD Rallies on Upbeat UK Economic Data

Talking Points UK manufacturing and construction data point to a more buoyant UK economy. That’s helped lift the Pound and made an interest rate increase more likely. What Does the Fourth Quarter Hold for...
Great British Pound Currency US Dollar

Euro markets under the Catalan pressure

The pound extended gains on the back of a stronger-than-expected industrial and manufacturing production data. Industrial production rose by 1.6% on year to August, as the manufacturing production surged by 2.8%...
Great British Pound Currency

GBP: What Markets Will Focus On In The Short To Medium Term? Where To...

Nomura FX Strategy Research argues that for GBP traders in the short to medium term, the market will be more focused on Theresa May’s future, what the EU says on Brexit in...
Great British Pound Currency

Dollar holds weak amid fresh threats from North Korean peninsula; pound strengthens ahead of...

On Monday, the dollar could not recover from Friday’s losses as North Korean tensions came back to the spotlight and as liquidity was limited during the session with South Korea, Japan, and China...
Great British Pound Currency

Market Wrap Turkish lira hit hard, pound gains

The pound (+0.42%) gained against the US dollar in London despite the decent political pressure. According to latest news, PM Theresa May could reshuffle her cabinet and exclude Foreign Secretary Boris...
easyJet

EasyJet loses altitude, mayday for the pound

Stocks in Europe slipped in early trading on Friday with traders sitting on their hands ahead of the release of key US employment stats. Cracks are appearing in Catalonia’s move to independence, but...
Great British Pound Currency

Dollar rallies as US tax reforms head to Senate; pound tumbles to one-month low

A stream of upbeat US economic data, as well as the approval of the 2018 fiscal budget in the US on Thursday, boosted the dollar to a 7-week high on Friday ahead of the widely expected nonfarm...
Great British Pound Currency

GBPUSD cough-drops after Theresa May’s speech

Shares in Europe opened mostly lower on Thursday, with the exception of Spain’s IBEX which edged higher. Blue chip British stocks gained ground thanks to the foreign-earnings benefit of a weaker pound. A...
Great British Pound Currency

The Pound is running for its life

The GBP/USD pair has fallen to three weeks’ lows. Taking into account how fast the American currency has been strengthening this Autumn, one can really expect the trend to continue in...
Great British Pound Currency

Pound struggles on uncertanity

Conviction in the pound seems to have fallen off the way side after the most recent days of trading with the pound taking further hits as it slides down the chart....
Bank of England

Euro, Pound May Rise with BOE and ECB Policy Back in Focus

Talking Points: US Dollar gains as Fed rate hike bets swell, may ignore Q2 GDP revision British Pound may rise as BOE’s Carney puts rates policy back into focus Euro might correct higher as...
German Economy DAX

Merkel wins again, but EU politics just got more complicated

Equity markets on both sides of the Atlantic managed to complete a decent week of gains despite continued tension between North Korea and the US, while the US Federal Reserve signalled...
Euro Currency

EUR declines on German vote, GBP gains

The German election resulted in a disappointing win for Chancellor Angela Merkel’s grand coalition; her victory was spoiled by the rise of the far-right AfD (13%), which made its way to...
Great British Pound Currency

Sterling rises ahead of Florence and the Maychine

Just as US markets marked the end of a 9 day winning streak, markets in Asia started the day in a similar vein before rolling over further after North Korea upped...
Stock Market Janet Yellen FOMC

All Eyes on Fed

The markets are little changed overnight as they await the outcome of the 2-day Federal Reserve meeting that ends today. Many will be focusing on the Fed’s description of inflation in...
Shinzo Abe

Abenomics set to take centre stage

The Japanese economy is taking centre stage at present, as Shinzo Abe is set to call a snap election for October in order to maintain power. This comes off the back...
Great British Pound Currency US Dollar

Fed in focus, as markets prepare for balance sheet reduction

The pound has managed to hold onto most of the gains of the last few days in the wake of last week’s surprise Bank of England about face on the prospects for a...
Great British Pound Currency

The Pound is regaining positions. What’s next?

The GBP/USD is back to the highs it reached in June 2016. It was achieved with the help of the macroeconomic statistics, which turned out to be better than before. However,...
Europe

FOMC To Focus On Data, Three Reasons For Sterling Strength, ECB Ready

Talking Points Rift in hard and soft economic data Sterling Bullish Due to Three Main Reasons ECB Ready Rift in hard and soft economic data Retail sales below forecast and downward revision ...
Great British Pound Currency

Sterling Moves to New Yearly High as Traders Anticipate Upcoming Rate Hike

The British pound soared to a new 2017 trading high, after the Bank of England (BOE) minutes commented that higher inflation and a pick-up in UK growth could lead to a...
Federal Reserve FOMC Stocks

Monetary policies to remain at center stage

Sterling surged above $1.36 last week, reminding investors that central banks remain the strongest drivers of currency markets. GBPUSD has risen 3% in two days, to trade at a 15-month high...
Great British Pound Currency

GBP: Buy Any Dips From Here; 3 Reasons

Credit Agricole CIB FX Strategy Research recommends buying any GBP dip post-BoE for the following reasons. Firstly, the BoE stance could continue to support the market expectations about a potential BoE hike. Secondly, expectations that PM...
Great British Pound Currency

Pound jumps after BoE signals rate hike; dollar also up on strong US inflation

Central bank meetings dominated today’s European session, while US CPI was the main data in focus. The pound soared to a fresh one-year high against the dollar after the Bank of...
Bank of England

What to expect from the BoE?

Today’s Bank of England Monetary Policy Committee (MPC) announcement is the main event of the week. While it is highly unlikely that we will see an immediate interest rate hike, or...
Great British Pound Currency

Super Thursday Is Here While BOE Under Pressure, Gold Open Interest Increases

Topics Sterling is facing a hard cold reality The Bank of England will have no other option but to let the inflation run higher Don't be fooled by the current sell-off...
Bank of England

Dollar index steady above 92 key-level; sterling flat ahead of BOE decision

On Thursday, the dollar index was moving sideways above the 92 key-level in Asia, as investors ignored another aggressive warning from North Korea and instead were cautious whether US inflation data...

LATEST

NZD/USD: Flows Point To Downside Risk S/T On Strong Real Money Selling

New Zealand Dollar Currency NZD
Bank of America Merrill Lynch FX Strategy Research notes that its latest proprietary flows show officials selling the...

USD Stretches Towards Resistance: Yen, Aussie to Offer Opportunity

US Dollar Currency Yen
Talking Points: The U.S. Dollar continues to claw back towards a key resistance zone that runs from...

USD/JPY – Yen Under Pressure, Markets Braced for Soft Japanese Trade Surplus

US Dollar Japanese Yen
The Japanese yen has posted gains in the Wednesday session. Currently, USD/JPY is trading at 112.86, up...

Fed Speeches and Earnings in Focus

Janet Yellen - Federal Reserve
Earnings Season in Focus as Stocks Target New Highs US futures are pointing to another higher open on...

Oil rises on expected fall in U.S. inventories, geopolitical tensions

Oil Commodity
Brent oil prices rose to a three-week high on Wednesday as weekly U.S. crude inventories are expected...
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