{"id":103254,"date":"2020-08-13T09:20:32","date_gmt":"2020-08-13T08:20:32","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=103254"},"modified":"2020-08-13T11:10:15","modified_gmt":"2020-08-13T10:10:15","slug":"103876-gbp-usd-dollar-weakens-as-hope-of-additional-us-stimulus-fades","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/103876-gbp-usd-dollar-weakens-as-hope-of-additional-us-stimulus-fades\/","title":{"rendered":"GBP\/USD: Dollar Weakens As Hope Of Additional US Stimulus Fades"},"content":{"rendered":"

The Pound US Dollar<\/a> (GBP\/USD) exchange rate is advancing after 2 straight days of decline. The pair is trading 0.2% higher at the familiar level of US$1.3050.<\/p>\n

Check real time GBP to USD exchange rate<\/span><\/a><\/div>\n

The gain in GBP\/USD is mainly a US Dollar weakness story<\/a> as the Republicans and Democrats fail to break the stalemate over additional stimulus for the US economy. Without this stimulus the US economic recovery could stall soon. Supplementary federal unemployment benefits expired in July and with initial jobless claims today expected to increase by another 1.12 million, the need for the rescue package is clear.<\/p>\n

The Pound is taking advantage of the weaker US Dollar, advancing despite data yesterday showing that the UK entered recession. On a positive note, the housing market is recovery is gathering pace, at least for now.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pound US Dollar (GBP\/USD) exchange rate is advancing after 2 straight days of decline. The pair is trading 0.2% higher at the familiar level of US$1.3050. The gain in GBP\/USD is mainly a US Dollar weakness story as the Republicans and Democrats fail to break the stalemate over additional stimulus for the US economy. […]<\/p>\n","protected":false},"author":163946597,"featured_media":5575,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1381],"tags":[2274,1394,1888,1391,1509,1397,1398],"class_list":["post-103254","post","type-post","status-publish","format-standard","has-post-thumbnail","category-gbp","category-usd","tag-congress","tag-gbp","tag-gbp-usd","tag-pound","tag-stimulus","tag-us-dollar","tag-usd"],"acf":[],"yoast_head":"\nGBP\/USD: Dollar Weakens As Hope Of Additional US Stimulus Fades - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/103876-gbp-usd-dollar-weakens-as-hope-of-additional-us-stimulus-fades\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103876-gbp-usd-dollar-weakens-as-hope-of-additional-us-stimulus-fades\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103876-gbp-usd-dollar-weakens-as-hope-of-additional-us-stimulus-fades\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/USD: Dollar Weakens As Hope Of Additional US Stimulus Fades\",\"datePublished\":\"2020-08-13T08:20:32+00:00\",\"dateModified\":\"2020-08-13T10:10:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103876-gbp-usd-dollar-weakens-as-hope-of-additional-us-stimulus-fades\\\/\"},\"wordCount\":169,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103876-gbp-usd-dollar-weakens-as-hope-of-additional-us-stimulus-fades\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100627-gbp-usd-fed-rate-decision.jpg\",\"keywords\":[\"Congress\",\"gbp\",\"gbp\\\/usd\",\"pound\",\"stimulus\",\"us dollar\",\"usd\"],\"articleSection\":[\"GBP\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103876-gbp-usd-dollar-weakens-as-hope-of-additional-us-stimulus-fades\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103876-gbp-usd-dollar-weakens-as-hope-of-additional-us-stimulus-fades\\\/\",\"name\":\"GBP\\\/USD: Dollar Weakens As Hope Of Additional US Stimulus Fades - 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