GBP to USD Exchange Rate

Upcoming Events for GBP and USD

		Event	Prev.	Cons.
2h 48m Med	GBP	BoE Mann Speech
8h 48m Low	USD	CB Leading Index MoM (Apr)	-0.3%	-0.3%
9h 3m Med	USD	Fed Waller Speech
11h 48m Low	USD	Baker Hughes Total Rigs Count (May/17)	603
11h 48m Low	USD	Baker Hughes Oil Rig Count (May/17)	496
1d Med	USD	Fed Kugler Speech
2d High	USD	Fed Chair Powell Speech
2d Low	USD	Inflation Rate YoY (Apr)	2.7%	3%
2d Low	USD	Inflation Rate MoM (Apr)	-0.2%	0.1%
3d Med	GBP	Myfxbook GBPUSD Sentiment	39%

FRB and BOE Interest Rates

Country	Central Bank	Current Rate	Previous Rate	Next Meeting
United States	Federal Reserve	5.5%	5.5%	26 days
United Kingdom	Bank of England	5.25%	5.25%	34 days

With a surge in utilities output offset by decreases in mining and manufacturing output, the Federal Reserve released a report on Thursday showing U.S. industrial production came in flat in the month of April. The Fed said industrial production came in unchanged in April after inching up by a downwardly revised 0.1 percent in March.

RTTNews | 18h 25min ago

Philly Fed Index Indicates Notably Slower Growth In May

Philadelphia-area manufacturing activity saw a notable slowdown in the pace of growth in the month of May, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity tumbled to 4.5 in May from 15.5 in April, although a positive reading still indicates growth.

RTTNews | 18h 45min ago

U.S. Import Prices Jump 0.9% In April, Much More Than Expected

The Labor Department released a report on Thursday showing U.S. import prices jumped by much more than expected in the month of April. The report said import prices shot up by 0.9 percent in April after climbing by an upwardly revised 0.6 percent in March. Economists had expected import prices to rise by 0.3 percent compared to the 0.4 percent increase originally reported for the previous month.

RTTNews | 19h 5min ago

U.S. Weekly Jobless Claims Pull Back From More Than Eight-Month High

After reporting a notable increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing jobless claims pulled back roughly in line with estimates in the week ended May 11th. The Labor Department said initial jobless claims fell to 222,000, a decrease of 10,000 from the previous week's revised level of 232,000.

RTTNews | 19h 17min ago