GBPUSD=X - GBP/USD
| Previous close | 1.234 |
| Open | 1.239 |
| Bid | 1.238 |
| Day's range | 1.238 - 1.239 |
| 52-week range | 1.1477 - 1.3510 |
| Ask | 1.238 |
- Yahoo Finance UK
Coronavirus: Chancellor announces £750m in funding for charities
Rishi Sunak said the new funding would 'support our social fabric' during the coronavirus pandemic, and that the PM's condition was improving.
- FX Empire
GBP/USD Price Forecast – British Pound Continues to Stubbornly Rally
The British pound continues to rally against the US dollar and other currencies around the world, refusing to give it up. With that being the case, the market looks as if it is threatening the crucial 1.25 level.
- Yahoo Finance UK
Coronavirus: UK firms could furlough up to 11 million workers
Government support for firms could cost up to £40bn, with BA the latest firm likely to furlough staff after the Unite union backed a deal.
- Yahoo Finance UK
Barclays to donate £100m to COVID-19 charities
Bank will donate £50m directly to charities, while a further £50m has been set aside to match charity donations by staff.
- FX Empire
GBP/USD Volatility Remains Subdued
The British pound has been trading within a narrow range for the month thus far. A range breakout stands to accompany an increase in volatility.
- Yahoo Finance UK
Tesco warns 85% of customers will have to shop in store
Tesco said there is 'simply not enough capacity' to deliver to more than 15% of customers at home.
- Yahoo Finance UK
Tesco shares sink on £925m coronavirus hit despite sales boom
Tesco sales are soaring but 45,000 new jobs have also hiked costs, while it says panic buying has also now begun to fade.
- FX Empire
GBP/USD Daily Forecast – U.S. Dollar Gains Ground As Attention Turns To Economic Woes
GBP/USD continues to trade near the 20 EMA level as the U.S. dollar starts to gain ground against a broad basket of currencies due to safe haven buying.
- Yahoo Finance UK
Fintech tells government: 'We can help with coronavirus response'
Companies doing everything from online lending to client onboarding say they can help get money to people and businesses faster.
- FX Empire
The Greenback Finds Early Support ahead of Today’s FOMC Meeting Minutes
A light economic calendar leaves coronavirus updates and the FOMC meeting minutes in focus.
- Investing.com
Dollar Gains as Coronavirus News Disappoints
The U.S. dollar is back in demand Wednesday, as investors sought safe havens amid disappointing news surrounding the coronavirus outbreak and the economic damage in Europe becomes apparent. At 3 AM ET (0700 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.345, up 0.4%, while EUR/USD fell 0.3% to 1.0857 and GBP/USD dropped 0.3% to 1.2300. Governor Andrew Cuomo said that deaths in New York state also rose.
- Yahoo Finance UK
Coronavirus sparks biggest drop in hiring since the financial crisis in 2009
The coronavirus outbreak has brought a record UK jobs boom to a halt, with job vacancies plummeting and the unemployment rate expected to soar.
- Investing.com
Pound Extends Gains as PM Johnson Remains in ICU but in 'Stable' Condition
By Yasin Ebrahim
- FX Empire
GBP/USD Price Forecast – British Pound Reverses
The British pound initially fell during the trading session on Tuesday but turned around to show signs of strength during the day. That being said, there is still a significant amount of resistance above.
- FX Empire
GBP/USD Remains Within a Range Despite Pullback in the Dollar
The US dollar is broadly weaker against its major counterparts in early trading on Tuesday but the weakness wasn’t enough to elicit a technical breakout for the GBP/USD pair.
- Yahoo Finance UK
Coronavirus: High earners twice as likely to be able to work from home
PwC found 70% of people earning over £50,000 a year could work from home, compared to just 32% of people who earned £20,000 or less.
- Yahoo Finance UK
Coronavirus impact on UK house prices 'limited and short-lived'
One expert said all predictions were now 'guesswork,' suggesting homeowners should be thankful they have homes at all rather than thinking about prices.
- Yahoo Finance UK
What to watch: Cineworld suspends dividend, WHSmith raises £166m, stocks rise
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
Pound rallies as 'fighter' Boris Johnson 'stable' in hospital battling COVID-19
Best wishes flooded in from leaders around the world after the prime minister was moved to intensive care in hospital with COVID-19.
- FX Empire
GBP/USD Daily Forecast – British Pound Continues Its Attempts To Rebound
GBP/USD is once again trying to settle above the 20 EMA.
- Yahoo Finance UK
UK workers 'left with nothing' by small print of coronavirus support schemes
Yahoo Finance UK speaks to people who have fallen foul of conditions attached to help for self-employed workers who have lost income due to coronavirus pandemic.
- FX Empire
The RBA Stands Pat as COVID-19 Numbers Give More Support to Riskier Assets
It’s another positive start to the day for the bulls, with the latest COVID-19 numbers providing further evidence of containment…
- Investing.com
Dollar Weakens as Risk Sentiment Improves
At 3:10 AM ET (0710 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.235, down 0.5%, with the loonie, Aussie and kiwi all rising over 1%. GBP/USD gained 0.7% to 1.2316 even as Prime Minister Boris Johnson was moved into intensive care overnight due to his worsening COVID-19 symptoms. In New York, the epicenter of the outbreak in the U.S., Governor Andrew Cuomo said Monday that the state’s death rate has been ‘effectively flat for the last two days.’
