Tag: dollar

Pound v US dollar: GBP/USD exchange rate ticks higher as trade fears drag dollar down

In a continuation of last week’s troubles, the US dollar has been weakened by worries that the US-China trade spat could soon escalate. The ball is currently in the US’s… Read more »

Pound US dollar exchange rate: GBP rises as Juncker reassures on post-Brexit status

The rise follows a statement from European Commission President Jean-Claude Juncker. He said: “We respect the British decision to leave our union. But we also ask the British government to… Read more »

Pound US dollar exchange rate: GBP rebounds against USD after Brexit concessions report

The pound has recovered around half of its weekly losses since the report came out yesterday and this has continued to support the pound today. The claims, made by an… Read more »

Pound US dollar exchange rate: GBP sheds last week’s gains against USD

The US dollar has easily capitalised on fresh Brexit jitters, against general higher market demand for ‘safe haven’ currencies. On top of a broadly stronger US dollar, the primary reason… Read more »

Pound v US dollar: GBP/USD exchange rate drops -0.5 per cent as UK manufacturing slows

The latest PMI reading revealed a dip from 54 points to 52.8; economists had been expecting a smaller decline to 53.8 points. IHS Markit complies UK manufacturing PMI data and… Read more »