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Pound up on Dollar as US Economic Stats Disappoint, Fed Minutes Ahead

Pound up on Dollar as US Economic Stats Disappoint, Fed Minutes Ahead


The US Dollar has given back some of the gains it enjoyed earlier in the day after two noted data releases came in below expectation.


Data:

Live British Pound to Dollar Exchange Rate(GBP/USD) Interbank Conversion:

What is the British Pound to Dollar Rate Today?

The live GBP/USD exchange rate is 1.2464
Change on Previous Day's Close +0.14%

How does Today’s Dollar Rate Compare with Previous Rates?

Today’s opening exchange rate is 1.2445
Today’s lowest exchange rate is 1.2427
Today’s best exchange rate is 1.2475
Best exchange rate of the year-to-date is 1.5016 (2016-06-24)
The lowest exchange rate of the year-to-date is 1.1711 (2016-10-07)

News and Forecasts:

USD

Pound up on Dollar as US Economic Stats Disappoint, Fed Minutes Ahead

21 February, 2017 |

The US Dollar has given back some of the gains it enjoyed earlier in the day after two noted data releases came in below expectation.

USD

Pound to Dollar Rate: Get Ready, a Break Out is On the Cards!

21 February, 2017 |

“While prices remain trapped in their current range, we are getting to a window of opportunity for a breakout to develop, so we are watching price action closely today," says Lloyd’s Bank’s Robin Wilkins.

USD

6% US Dollar Upside Forecast by Citi

20 February, 2017 |

The currency markets remain without direction and there is little by way of trends to be found in the short-term.

USD

Time to Bet on a Pound / Dollar Advance as Real Wages are Rising Faster in the UK than in …

20 February, 2017 |

In a contrast to the general view that the Dollar is going to continue rising and that the Pound is doomed, Nordea Markets' Aurelijia Augulyte is retaining a bullish GBP/USD stance.

USD

EUR/USD and USD/CAD Weekly Charts Reveal Potential for More Dollar Weakness this Week

20 February, 2017 |

It is not a good sign when a currency stops rising on good news but that appears to be what happened to the Dollar at the end of last week.

USD

Pound to Dollar Outlook: "Slight Bias to the Downside"

19 February, 2017 |

GBP/USD continues exerting pressure on 1.2415 where both the 50-day moving average and the monthly pivot are situated and provide a tough barrier of support limiting further declines.

USD

Why is the US Dollar not Doing Better?

16 February, 2017 |

The US Dollar rose strongly on the back of good inflation and retail sales data from the United States in mid-week trade, only to give the gains back.

USD

A Stubborn Pound Defends the Line Against US Dollar

15 February, 2017 |

Our technical bias on the GBP/USD has been reinforced following the release of CPI inflation data out of the United States in the mid-week session.

USD

US Inflation Numbers Sink GBP/USD as Fed gets Green Light to Multiple Rate Rises

15 February, 2017 |

The Pound to Dollar exchange rate will be eyeing events in the United States today as the economic calendar hots up.

USD

US Dollar Helped by Yellen, GBP/USD Looking Overpriced on Interest Rate Spread Analysis

14 February, 2017 |

The recovery in the dollar has stalled as markets look towards Janet Yellen’s key testimony to Congress over the next couple of days.

USD

The US Dollar’s Impending Bout of Strength

14 February, 2017 |

“One can wager that the US Dollar’s correction since the start of the year is probably nearly over,” goes the unabashedly pro-USD rally cry from analysts at France’s financial services bank Natixis.

USD

Pound to Dollar: Outlook for this Week

12 February, 2017 |

 The GBP/USD pair is oscillating within a range between 1.2000 and 1.2800.

Display # 
Title
Pound up on Dollar as US Economic Stats Disappoint, Fed Minutes Ahead
Pound to Dollar Rate: Get Ready, a Break Out is On the Cards!
6% US Dollar Upside Forecast by Citi
Time to Bet on a Pound / Dollar Advance as Real Wages are Rising Faster in the UK than in the US
EUR/USD and USD/CAD Weekly Charts Reveal Potential for More Dollar Weakness this Week
Pound to Dollar Outlook: "Slight Bias to the Downside"
Why is the US Dollar not Doing Better?
A Stubborn Pound Defends the Line Against US Dollar
US Inflation Numbers Sink GBP/USD as Fed gets Green Light to Multiple Rate Rises
US Dollar Helped by Yellen, GBP/USD Looking Overpriced on Interest Rate Spread Analysis

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