1 GBP to USD British Pounds to US Dollars Exchange Rate

President Donald Trump was that another period of U.S. growth outperformance was about to begin, with strong economic expansion, continued capital inflows and outperformance of U.S. equities and the dollar. The U.S. dollar ended the first half of 2025 with its biggest loss since 1973. The dollar index, which measures the greenback against a basket of currencies of the U.S.’s major trading partners, fell about 11% from January through the end of June. The U.S. dollar ended July with gains, recovering some of its depreciation in the first half of 2025, but downward pressures on the greenback are likely to persist in the next 12 months. Save money when you send, spend and get paid in over 40+ currencies. Mexican President Claudia Sheinbaum has maintained remarkably high marks despite a spate of domestic and international challenges, the biggest among them President Trump.

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• We've been providing the most accurate and up-to-date data about exchange rates and currencies since 2015.
• Because rate differentials are a fundamental driver of currency strength, the more that U.S. interest rates fall to match the levels of its peers, the more likely it is that the dollar will weaken.
• Futures contracts connected to the Dow Jones Industrial Average were up 0.2% in premarket trading on Thursday.
• Opendoor Technologies (OPEN) shares soared 50% Thursday, a day after the online real-estate platform named a new CEO, brought back its founders to be on the board, and got a new infusion of cash.

1Exchange rates fluctuate, at times significantly, and you acknowledge and accept all risks that may result from such fluctuations. Exchange rates offered by other dealers or shown at other sources by us or other dealers (including online sources) may be different from our exchange rates. The exchange rate you are offered may be different from, and likely inferior to, the rate paid by us to acquire the underlying currency. Silver and Gold Standard in the USFor years, the United States attempted to make a bimetallic standard, starting by adopting a silver standard based on the Spanish Milled Dollar in 1785.

• An update on weekly jobless claims on Thursday continued to paint the picture of a weakening jobs landscape, with applications for unemployment benefits jumping to 263,000, the most in nearly four years.
• Treasury yields fell following Thursday's inflation data as investors priced in imminent interest rate cuts.
• In a note to investors, the analysts wrote they believe that the "continued memory upturn is being driven by limited production and better than expected demand, particularly from the data center end market."
• Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate.
• Opendoor Technologies shares have surged since July as retail investors have piled into the meme stock.

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Deutsche analysts are projecting earnings growth of more than 9.5% this year and almost 14% next year, above the average it cited for typical non-recession years. The Wall Street Journal on Thursday reported Paramount Skydance was preparing a majority cash bid for the entirety of the media company. Discovery shares soared 27% following the reports, while Paramount Skydance stock gained 12%. The Fed is widely expected to cut interest rates by a quarter-point at the meeting, regardless of who is on the committee.

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Investors are increasingly confident that the Fed is on track to cut interest rates for the first time in nearly a year. At stake is control of the 12-person committee that votes to set the fed funds rate, which dictates the interest rates at which banks lend money to one another. The fed funds rate affects borrowing costs for all kinds of loans, including credit cards and car loans. Trump has repeatedly demanded the central bank lower interest rates and has at times threatened to fire Fed Chair Jerome Powell.

USD to EUR ~ 17:08:03

Whether you need to make cross-border payments or FX risk management solutions, we’ve got you covered. Schedule international transfers across 130 currencies in 190+ countries. The Census Bureau reported on Aug. 9 that poverty among adults at least 65 years old rose in 2024 from the prior year.

They ended June trading at $0.53 each but now are approaching $9 with today's gains. Micron releases its fiscal 2025 fourth-quarter report on Sept. 23, and Citi anticipates adjusted earnings per share of $2.62 and revenue of $11.20 billion, in line with overall analysts' estimates. However, Citi anticipates the company's guidance will be well above expectations, "driven by higher DRAM and NAND sales and pricing." That blowout backlog came as Oracle said it added four multibillion-dollar contracts in its fiscal first quarter, with CEO Safra Catz telling investors that the company expects to gain several more in the next few months. Deutsche Bank on Wednesday raised its year-end target for the S&P 500 (SPX) to 7,000 from 6,550 as analysts led by Binky Chadha boosted their 2025 earnings per share estimate for companies in the benchmark index.

Some companies have already reported pain as a result, though others have cheered the move. The analysts cut their rating on FedEx to “neutral” how to buy neo coin from “buy,” trimming their target by $5 to $240, one of the lower ratings compiled by Visible Alpha and below the average above $269, though above recent prices. Their move on UPS was more dramatic, swapping a neutral rating for an “underperform” and setting an $83 target that is the lowest tracked by Visible Alpha and well below the mean near $107.

The major U.S. stock indexes closed at fresh record highs on Thursday after consumer inflation data came in as expected, adding to Wall Street's conviction that the Federal Reserve will resume rate cuts next week. Thursday's inflation sophiatx ico review all information about token sale sophiatx icos print is the last piece of pivotal economic data the Federal Reserve will get before its policy meeting next week. Policymakers will consider the details of both of this week's inflation reports to determine whether to cut rates to support the weakening labor market despite the risk that tariffs could fuel inflation, which remains well above the Fed's 2% target.

“Companies see the hit from tariffs so far as modest and likely to remain manageable,” the analysts wrote. Still, that's far short of the steeper cuts Trump has called for. Future interest rate decisions could be more controversial, and every vote could count, as the Fed's dual mandate to control inflation and keep employment high could pull it in different directions. The U.S. dollar index, which tracks the value of the dollar against a basket of foreign currencies, was down 0.3% at 97.50. In its Midyear Economic Outlook, published in May, Morgan Stanley Research estimated that U.S. growth will slow to 1.5% this year and 1% in 2026, after growing 2.8% in 2024. While the Federal Reserve is likely to reduce interest rates from the current range of 5.25%-5.5% to as low as 2.5% by the end of 2026.

Inflation continued to crunch household budgets in August as tariffs pushed consumer prices.Prices as measured by the Consumer Price Index rose 2.9% over 12 months ending in August, the Bureau of Labor Statistics said Thursday. Inflation was up from a 2.7% annual increase in July and reached the highest since January. Both companies’ stocks were higher in recent trading as optimism about interest-rate cuts lifted stocks broadly. Foreign investors’ behavior around their dollar holdings offers an important window as to how the dollar’s value might change in the coming months. Currently, foreigners own more than $30 trillion in U.S. assets, with European investors alone holding $8 trillion of U.S. bonds and stocks. According to Morgan Stanley Research’s estimates, just over half of the European holdings aren’t hedged, or protected against a decline by using instruments like forwards and options.

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These bills quickly earned the nickname 'Greenbacks' because of their color. In 1863, a national banking system was established and guidelines for national banks were created. These banks were authorized to issue national currency secured by the purchase of US bonds.

On balance, however, the Barclays analysts led by Venu Krishna said that while "macro is under pressure" they expect three Fed rate cuts this year to help guide the economy "toward a manageable deceleration." The Deutsche analysts said they continue to like large growth stocks and tech shares, as well as financial shares, but remain underweight in setup react with webpack and babel by prateek srivastava age of awareness "defensive bond-like sectors" like consumer staples, utilities, real estate, healthcare and restaurants. They said that stock valuations will continue to stay high as companies maintain high payout ratios and earnings stay resilient.

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Alwin said "a few extra dollars (from COLA) won’t begin to give them true financial security." Along with their new positions, Rabois' venture capital firm, Khosla Ventures, and Wu have struck securities purchase agreements with Opendoor to invest $40 million in the firm. Opendoor noted that it planned to use the money "to fund continued investment in the business." Opendoor Technologies (OPEN) shares soared 50% Thursday, a day after the online real-estate platform named a new CEO, brought back its founders to be on the board, and got a new infusion of cash.

The fact that most foreign investors have chosen not to hedge their exposure, particularly on the equity side, reflects a view that the dollar will appreciate. The dollar rebounded in July in response to better-than-expected U.S. economic data, such as job creation. The numbers signaled that tariffs still haven’t had a significant impact on economic activity yet.