GBP to USD Exchange Rate

Upcoming Events for GBP and USD

		Notikums	Prev.	Cons.
8h 12m Med	GBP	Average Earnings incl. Bonus (3Mo/Yr) (Mar)	5.6%	5.3%
8h 12m Augsts	GBP	Unemployment Rate (Mar)	4.2%	4.3%
8h 12m Zems	GBP	HMRC Payrolls Change (Apr)	-67K	-25K
8h 12m Zems	GBP	Claimant Count Change (Apr)	10.9K	13.9K
8h 12m Augsts	GBP	Employment Change (Mar)	-156K	-215K
8h 12m Zems	GBP	Average Earnings excl. Bonus (3Mo/Yr) (Mar)	6%	5.9%
9h 42m Med	GBP	BoE Pill Speech
10h 42m Zems	GBP	Labour Productivity QoQ (Q4)	0.7%	-1%
10h 42m Zems	GBP	Labour Productivity QoQ (Q1)
11h 12m Zems	GBP	50-Year Index-Linked Treasury Gilt Auction	-0.388%

FRB and BOE Interest Rates

Country	Central Bank	Current Rate	Previous Rate	Next Meeting
United States	Federal Reserve	5.5%	5.5%	29 days
United Kingdom	Bank of England	5.25%	5.25%	37 days

The pound was higher against its major counterparts in the New York session on Monday, as investors awaited key economic data due later this week for more clues on the Fed's interest rate cut trajectory for this year.

RTTNews | 7h 54min ago

U.S. Dollar Rises Ahead Of Inflation Data

The U.S. dollar was higher against its major counterparts in the New York session on Friday, as investors awaited the release of U.S. inflation data for April next week, which will guide the outlook for Fed rate cuts.

RTTNews | 3 days ago

U.S. Consumer Sentiment Tumbles To Six-Month Low In May

A report released by the University of Michigan on Friday showed a substantial deterioration in U.S. consumer sentiment in the month of May. The University of Michigan said its consumer sentiment index plunged to 67.4 in May from 77.2 in April. Economists had expected the index to edge down to 76.0.

RTTNews | 3 days ago

Better Than Expected Q1 Growth Leads UK Out Of Recession

The UK economy ended a technical recession in the first quarter with the economic output growing better than expected and also marked the strongest since late 2021 led by a rebound in the services output and household spending. Gross domestic product grew 0.6 percent from the fourth quarter, when the economy shrunk 0.3 percent, preliminary estimates from the Office for National Statistics showed.

RTTNews | 3 days ago