Pound US dollar exchange rate: GBP/USD rises on Brexit progress, FOMC wary about rate hike

The pound US dollar exchange rate edged slightly higher today to trade in the region of $ 1.306. GBP/USD gained as Theresa May indicated that progress had been made in Brexit discussions and the Federal Open Market Committee adopted a cautious stance in the meeting minutes from the last policy gathering. Daily Express :: Finance Feed

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Pound Euro exchange rate: Pound rises as Eurozone economy flounders

This morning, disappointing manufacturing data from the Eurozone weighed on the euro, helping the GBP/EUR exchange rate trade in the region of €1.153. Flash PMI data showed that in February, Germany’s services PMI rose to 55.1, a five-month high, with the composite figure jumping to a four-month high. Daily Express :: Finance Feed

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Pound US dollar exchange rate: GBP/USD rises as US braces for China trade talks

The GBP/USD exchange rate has edged slightly higher today to trade in the region of $ 1.291, with many USD traders remaining cautious as US-China trade talks move to Washington. It is hoped that the two nations will seek a trade consensus ahead of the March 1 “trade truce” deadline. Daily Express :: Finance Feed

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GBP/USD exchange: Rate rises despite services PMI slump

The pound is trading near to a two-week high against the US dollar today, which puts the GBP/USD exchange rate at around $ 1.298. This appreciation comes at the start of a week of potential turbulence for the currency pairing, with the latest UK news revealing a slowdown in services sector activity. Daily Express :: Finance Feed

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