GBPUSD
British Pound / US Dollar

The market is opened (30 sep 20:26 UTC +2)
Current price
1.11473
0.02615
2.40
Opening
1.08858
Daily range 3.00
1.08619 — 1.11473

News GBPUSD

US spreads inflation to other countries

The Federal Reserve's (Fed) objective is now to curb price hikes in the U.S. However, other countries are under pressure caused by the Fed's actions, as their central banks are also forced to raise their own rates at a rapid pace.

14:09
Sterling rises after the Bank of England buys bonds

The Bank of England is buying bonds to stabilize financial markets. Subsequently, the pound sterling rose in volatile trading.

11:09
According to Truss, tax cuts in Great Britain while market crashes are the "right plan"

The UK is enduring a huge package of unfunded tax cuts by its government. The consequence was the fall of the pound sterling.

29 september
Additional restrictiveness might ensue due to volatility in financial markets

According to the words of Charles Evans, current President of the Federal Reserve Bank of Chicago, financial conditions might be complicated by growing restrictiveness caused by market volatility.

29 september
Bank of England strives to reassure bond market after tax cut storm

The Bank of England intends to suppress the storm in Britain's bond markets, noting it would buy back a national debt needed to revive the economy after new British Prime Minister Liz Truss' tax cut reforms. These measures provoked turmoil in the country's market.

29 september
Forecasts GBPUSD
Dollar hits new high while pound is back on the edge of fail
28 september 2022 28
Elena_Berseneva
Elena_Berseneva

Listed among the best MarketCheese authors
1st in the segments "Currencies", "US stocks", "Metals" and "Oil and gas"
2nd in the segment "Crypto"
3rd in the segment "Indices"
Pound/Dollar seeks parity!
28 september 2022 31
Elena_Berseneva
Elena_Berseneva

Listed among the best MarketCheese authors
1st in the segments "Currencies", "US stocks", "Metals" and "Oil and gas"
2nd in the segment "Crypto"
3rd in the segment "Indices"
GBPUSD neutral
Forex and Cryptocurrencies Forecast for September 12 - 16, 2022
11 september 2022 71
Stan NordFX
Stan NordFX

Listed among the best MarketCheese authors
1st in the segment "Crypto"

Event announcement GBPUSD

Current time:
Eniwetok, Kwajalein
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00
00

GMT -12

Midway Island, Samoa
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00
00

GMT -11

Hawaii, Tahiti
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GMT -10

Alaska, Adak
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GMT -09

Anchorage
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GMT -08

Los Angeles, Vancouver
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GMT -07

Denver
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GMT -06

Mexico City, Bogotá, Lima
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GMT -05

New York, Puerto Rico
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GMT -04

Buenos Aires, Montevideo
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GMT -03

São Paulo
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GMT -02

Azores
00
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GMT -01

Reykjavik
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GMT +00

London
00
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GMT +01

Kaliningrad, Paris
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GMT +02

Moscow, St. Petersburg
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GMT +03

Abu Dhabi, Tbilisi
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GMT +04

Yekaterinburg, Tashkent
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GMT +05

Almaty, Dhaka, Omsk
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GMT +06

Bangkok, Jakarta
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GMT +07

Beijing, Hong Kong
00
00
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GMT +08

Tokyo, Seoul
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00

GMT +09

Vladivostok, Brisbane
00
00
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GMT +10

Magadan
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00
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GMT +11

Auckland, Wellington
00
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GMT +12

GBPUSD economy

United Kingdom

United States

Central Bank interest rate
2.25%
Change: +0.5%
3.25%
Change: +0.75%
Gross domestic product
0.2%
Change: +0.8%
-0.6%
Without changes
Unemployment rate
3.6%
Change: -0.2%
3.7%
Change: +0.2%
Retail sales
-1.6%
Change: -2%
0.3%
Change: +0.3%
Trade balance
-19.36B
Change: +3.49B
$-70.7B
Change: $+10.2B
Inflation
9.9%
Change: -0.2%
0.6%
Change: +0.3%
Business confidence
48.5
Change: +1.2
52.8
Without changes

Currency rate effect

Positive, leads to growth
Negative, leads to decrease
Neutral, no effect

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