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Top News In பௌஂட் எங்களுக்கு டாலர் பரிமாற்றம் ரேட் Today - Breaking & Trending Today

Pound US Dollar (GBP/USD) Muted Following UK GDP Release

Pound US Dollar (GBP/USD) Muted Following UK GDP Release | Currency News UK ....

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Pound US Dollar (GBP/USD) Exchange Rate Rises as Boris Johnson Reiterates Plan to Ease Lockdown on 17 May

May 10, 2021 - Written by John Cameron
GBP/USD Exchange Rate Edges Higher as UK Economic Confidence Continues to Grow
The Pound US Dollar (GBP/USD) exchange rate rose by 0.7% today after Prime Minister Boris Johnson reiterated that the UK’s roadmap for easing lockdown restrictions ‘remains on track’. The pairing is currently trading around $1.40.
Sterling headed higher against the ‘Greenback’ today as confidence in the UK economy continues to grow, with England set to further ease lockdown restrictions on 17 May.
Boris Johnson told the BBC’s Andrew Marr Show on Sunday:
‘The roadmap remains on track, our successful vaccination programme continues – more than two-thirds of adults in the UK have now had the first vaccine – and we can now look forward to unlocking cautiously but irreversibly.’ ....

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Pound US Dollar (GBP/USD) Exchange Rate Rangebound as Risk-On Markets Limit 'Greenback'

April 15, 2021 - Written by John Cameron
GBP/USD Exchange Rate Steady as US Retail Sales Beat Forecasts
The Pound US Dollar (GBP/USD) exchange rate held steady this morning after the ‘Greenback’ was undermined by a dovish Federal Reserve. The Fed’s Chairman Jerome Powell suggested that it was unlikely that the bank would raise interest rates until as late as next year.
The pairing is currently fluctuating around $1.37.
Added to this, demand for the safe-haven ‘Greenback’ have been undermined by growing confidence in the global economy.
In US economic data, today saw the release of March’s retail sales figure, which beat forecasts and rose by 9.8%. ....

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Pound US Dollar Exchange Rate Steady: USD Rises as Joe Biden Announces Infrastructure Stimulus Package

April 1, 2021 - Written by John Cameron
GBP/USD Exchange Rate Rangebound as ‘Greenback’ is Buoyed by Safe-Haven Demand
The Pound US Dollar exchange rate held steady today following President Joe Biden’s announcement of a $2 trillion infrastructure stimulus package. The pairing is currently fluctuating around $1.37.
Mr. Biden commented on the stimulus plan:
‘It is not a plan that tinkers around the edges. It is a once-in-a-generation investment in America.’
He also added:
‘The divisions of the moment shouldn’t stop us from doing the right thing for the future. I’m convinced that if we act now, in 50 years people are going to look back and say this is the moment when America won the future.’ ....

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