Tag Archives: GBP/USD

Pound US Dollar exchange rate: expectations for October Fed rate cut buoys GBP/USD

The pound rose against the US dollar this afternoon with the pairing currently trading at around $ 1.226 as the ‘greenback’ slumped on September data revealing the weakest US inflation reading since January. With US data also revealing a retreat in underlying inflation, expectations for another near-term Federal Reserve rate cut increased. Daily Express :: Finance Feed

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Pound US Dollar exchange rate: expectations for October Fed rate cut buoys GBP/USD

The pound rose against the US dollar this afternoon with the pairing currently trading at around $ 1.226 as the ‘greenback’ slumped on September data revealing the weakest US inflation reading since January. With US data also revealing a retreat in underlying inflation, expectations for another near-term Federal Reserve rate cut increased. Daily Express :: City and Business Feed

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Pound US Dollar exchange rate: GBP/USD slips as dollar hits 29-month high

The US dollar remained steady as it climbed against a handful of currencies, hitting a 29-month high as markets priced in a lower chance of further Federal Reserve Rate cuts in the coming months. The US Markit manufacturing PMI also provided some support for the US Dollar, edging up to a five-month high in September. Daily Express :: Finance Feed

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Pound US Dollar exchange rate: GBP/USD slips as dollar hits 29-month high

The US dollar remained steady as it climbed against a handful of currencies, hitting a 29-month high as markets priced in a lower chance of further Federal Reserve Rate cuts in the coming months. The US Markit manufacturing PMI also provided some support for the US Dollar, edging up to a five-month high in September. Daily Express :: City and ...

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GBP/USD exchange rate steady as UK’s annual GDP revised higher

The pound US dollar exchange rate held steady today, with the pair currently trading around $ 1.230 after the UK’s Q2 year-on-year growth figure was revised from 1.2 percent to 1.3 percent. However, the pound failed to make any gains against the US dollar as ongoing pessimism about the UK economy and Brexit uncertainty continued to cast a cloud over ...

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GBP/USD exchange rate steady as UK’s annual GDP revised higher

The pound US dollar exchange rate held steady today, with the pair currently trading around $ 1.230 after the UK’s Q2 year-on-year growth figure was revised from 1.2 percent to 1.3 percent. However, the pound failed to make any gains against the US dollar as ongoing pessimism about the UK economy and Brexit uncertainty continued to cast a cloud over ...

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