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Pound-to-Dollar Exchange Rates, Forecasts and News


Top Story:

Pound-Dollar Recovery at Risk from Westminster's Divisions says Bank of America 

Pound-Dollar Recovery at Risk from Westminster's Divisions says Bank of America 


The Pound was steady against a softer U.S. Dollar on Monday but hopes of a steep and protracted rally in the months ahead may be beginning to fade, if the latest analysis from Bank of America is anything to go…


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 1.2699
Change on Previous Day's Close -0.2341%

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

Today's opening exchange rate is 1.2727
Today's lowest exchange rate is 1.2685
Today's best exchange rate is 1.2731
Best exchange rate of the year-to-date is 1.3475 (21-05-2018)
The lowest exchange rate of the year-to-date is 1.2492 (12-12-2018)

News and Forecasts:

U.S. Dollar Flows are a Double-edged Sword that Could Soon Bite It says CIBC

  • Written by James Skinner

The Dollar is set to go on drawing support from a Federal Reserve interest rate that is highest in the developed world as the prohibitive cost of protecting investments against falls in the greenback is discouraging fund managers from betting against the U.S. currency, but those resulting 'unhedged flows' are a double-eged sword. 

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The Pound Could be in for a BoE-sized Surprise this Week 

  • Written by James Skinner

The Pound-to-Dollar rate is already sat on a healthy gain for the 2019 year but it could be in for a further boost this week if economists are right in warning suggesting the Bank of England (BoE) could feel compelled this week to begin preparing the market for a rate hike in the middle of summer.

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