GBPUSD=X - USD/GBP
| Previous Close | 1.2359 |
| Open | 1.2359 |
| Bid | 1.2388 |
| Day's Range | 1.2326 - 1.2445 |
| 52 Week Range | 1.0379 - 1.2679 |
| Ask | 1.2387 |
Yahoo Finance UKGold prices slide as dollar rises on Fed rate hike expectations
Optimism over a US-debt deal agreement weighed on gold prices as investors once again gravitate towards riskier assets.
Yahoo Finance UKUK savers missing out on hundreds of pounds amid 'measly' bank rates
Banks criticised for offering 'meagre' returns on customers' savings despite soaring interest rates.
FX EmpireGBP to USD Forecast – British Pound Gives Up an Early Gain
The British pound initially tried to rally during the trading session on Monday, but as it was Memorial Day, liquidity was an issue.
Yahoo Finance UKCar insurance customers paying monthly risk £300 penalty
Consumers who can least afford to pay over the odds more likely to be hit with a penalty of £302 on average.
FX EmpireGBP to USD Weekly Forecast – British Pound Tests Support Underneath
The British pound fell rather hard during the course of the trading week to reach the 1.2350 level, where buyers have stepped in to pick up the market.
FX EmpireGBP to USD Forecast – British Pound Attempts to Recover Into the Weekend
The British pound has rallied a bit during the trading session on Friday, as we have broken above the 1.2350 level and tested the 50-Day EMA.
Yahoo Finance UKWhat is a recession and is the UK heading into one?
The UK might be headed towards a recession as stubborn core inflation could see the Bank of England increase interest rates to a peak of 5.5%.
Yahoo Finance UKAI film apps could see 'blockbusters created in bedrooms by end of the year', claims web3 adviser
The rise of text to video applications could see AI-generated feature films created in people's bedrooms by the end of the year, claims a web3 advisor.
FX EmpireGBP to USD Forecast – British Pound Tests Support Level
The British pound has gone back and forth during the trading session on Thursday as we continue to see a lot of noise in the Forex markets.
- Investing.com
Dollar in demand after Fitch signals possible U.S. rating downgrade
The U.S. dollar gained in Europe Thursday, climbing to a two-month high on rising fears of a U.S. default as Fitch threatens a rating downgrade. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, rose 0.2% to 103.955, just below the 104.05 overnight peak, the highest level since mid-March. The dollar’s safe haven status has meant that it has benefited from the lack of progress in the talks to lift the U.S. government's $31.4 trillion debt ceiling, with the early-June deadline that Treasury Secretary Janet Yellen said is when it’s “highly likely” that her department will run out of money drawing nearer.
FX EmpireGBP to USD Forecast – British Pound Continues to Sit on Support
The British pound has gone back and forth during the trading session on Wednesday, as we continue to see a lot of noisy trading. The 50-Day EMA of course, is attracting a lot of attention.
- Reuters
FOREX-Dollar gains on flight to safety; pound, Swedish crown, kiwi struggle
The U.S. dollar rose to a fresh two-month high against a basket of peers on Wednesday as uncertain U.S. debt ceiling negotiations sent investors to safe havens, while eyes were also on Britain's pound, Sweden's crown and New Zealand's dollar. Higher rates in Europe than in Sweden have been pressuring the crown this year.
- Reuters
FOREX-Dollar steady as debt ceiling worries weigh; pound swings after inflation data
The dollar on Wednesday held just shy of a two-month high as U.S. debt ceiling negotiations dragged on, while the pound firmed and then softened after stronger-than-expected British inflation data. The impasse in Washington over debt ceiling negotiations has helped lift the dollar, even though it could lead to a default and push the country into recession, as investors reckon that could spell worse trouble for the global economy.
Yahoo Finance UKHow performance-related pay affects our mental health
For some workers, the uncertainty of pay causes more stress than the job itself — especially if they’re paid depending on how they perform.
- Investing.com
Dollar stabilizes ahead of Fed minutes as debt negotiations continue
While talks between both political parties continue over the lifting of the U.S. government's $31.4 trillion debt ceiling, any progress seems to be hard won and there are few signs of a deal being reached anytime soon. There’s now just over a week before the early-June deadline that U.S. Treasury Secretary Janet Yellen said is when it’s “highly likely” that her department will run out of sufficient cash to function as normal.
Yahoo Finance UKMillions at risk of losing money amid confusion over refunds and builder disputes
More than £1.2bn lost to financial fraud last year
FX EmpireGBP to USD Forecast – British Pound Pulled Back Toward Support
The British pound fell a bit during the trading session on Tuesday to show signs of weakness after PMI numbers came out weaker than anticipated.
Yahoo Finance UKInterest rates may rise despite inflation falling, says Bank of England's Bailey
BoE admits it got its forecast for price rises wrong and was slow to act.
Yahoo Finance UKUK to avoid recession — but there's a catch
The International Monetary Fund (IMF) said it no longer expects Britain's economy to fall into a recession this year and has upgraded its forecasts.
- Reuters
Pound drops to one-month low, shrugs off IMF upgrade
The British pound dropped to a one-month low against the U.S. dollar on Tuesday as UK business activity data came in below expectations. S&P Global's UK composite purchasing managers' index (PMI), which spans both the services and manufacturing sectors, showed services activity growth slowed more than expected this month, while manufacturing companies' business shrank more than forecast. The UK currency largely shrugged off the International Monetary Fund saying on Tuesday that it no longer expects Britain's economy will fall into a recession this year, upgrading forecasts that it published last month.
Yahoo Finance UKUK firms hike prices as private sector growth slows
Private sector growth slows in UK amid 'tale of two economies'.
Yahoo Finance UKUK households paying an extra £833 on groceries as food inflation remains high
Chancellor to meet food manufacturers to discuss high prices
FX EmpireThe Future of Forex: ChatGPT’s Role in Shaping the Currency Trading Landscape
Artificial Intelligence (AI) has been a hot topic in the world of trading for decades. Will AI ever be able to outperform humans in making potentially profitable decisions?
Yahoo Finance UKUK inflation set to fall back into single digits
Economists expect the figure to fall to between 8% and 8.5% on Wednesday.
- Investing.com
Dollar edges higher; Fed rate hike in June still possible
The U.S. dollar gained in early European trade Tuesday, with risk sentiment on the slide as the debt ceiling impasse continued and following hawkish comments from Fed officials. U.S. President Joe Biden and House Speaker Kevin McCarthy ended discussions late Monday with no agreement on how to raise the U.S. government's $31.4 trillion debt ceiling. U.S. Treasury Secretary Janet Yellen added to the urgency of the situation by stating that it’s now “highly likely” that her department will run out of sufficient cash in early June.
