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A round up of the latest American Dollar forecast news items from the Currency News desk.

EUR to USD Exchange Rate Slips from Highs as Eurozone Data Continues to Paint Uncertain Picture

31 Oct 2019 at 1 PM - Written by Toni Johnson

STORY LINK EUR to USD Exchange Rate Slips from Highs as Eurozone Data Continues to Paint Uncertain Picture

While the Euro to US Dollar (EUR/USD) exchange rate has seen notable gains this week so far, the pair has slipped from its best levels today as investors are hesitant to keep buying the Euro amid a lack of strong domestic support. Still, the primary movement in the pair since last night has been a strong gain in response to the Federal...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Flat Ahead of Draghi’s Final ECB Meeting

23 Oct 2019 at 10 AM - Written by John Cameron

STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Flat Ahead of Draghi’s Final ECB Meeting

Euro US Dollar (EUR/USD) Exchange Rate Muted Ahead of ECB Rate Decision The Euro US Dollar (EUR/USD) exchange rate was left flat and the pairing is currently trading at around $1.1111. The single currency edged lower on Wednesday and was left under pressure ahead of Thursday’s European Central Bank (ECB) meeting. This week’s...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Sinks on UK-EU Brexit Deal Uncertainty

14 Oct 2019 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Sinks on UK-EU Brexit Deal Uncertainty

GBP/USD Exchange Rate Falls, Brexit Talks Could Exceed EU Summit The Pound US Dollar (GBP/USD) exchange rate fell by -0.8% today, with the pairing currently trading around $1.254 after a UK-EU Brexit breakthrough failed to manifest after the weekend’s intensive negotiations. Michel Barnier, the EU’s Chief Negotiator, also added that...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steady, UK Services PMI Contracts in September

3 Oct 2019 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Steady, UK Services PMI Contracts in September

GBP/USD Exchange Rate Rangebound, Brexit and Global Slowdown Weighs on UK Services Sector The Pound US Dollar (GBP/USD) exchange rate held steady today, with the pairing currently trading around $1.230 following the release of September’s UK Markit Services PMI which fell unexpectedly into contraction territory from 50.6 to 49.5. Duncan...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

US Dollar Canadian Dollar (USD/CAD) Exchange Rate Rises as White House Releases Trump-Ukraine Call Details

25 Sep 2019 at 3 PM - Written by John Cameron

STORY LINK US Dollar Canadian Dollar (USD/CAD) Exchange Rate Rises as White House Releases Trump-Ukraine Call Details

US Dollar Canadian Dollar (USD/CAD) Exchange Rate Recovers from Impeachment Inquiry The US Dollar Canadian Dollar (USD/CAD) exchange rate edged up and the pairing is currently trading at around CA$1.3286. The Dollar recovered this afternoon after being battered by reports of a formal impeachment inquiry against President Donald...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts

EUR to USD Exchange Rate Hits Weekly Worst as Eurozone Growth Concerns Deepen

23 Sep 2019 at 4 PM - Written by Toni Johnson

STORY LINK EUR to USD Exchange Rate Hits Weekly Worst as Eurozone Growth Concerns Deepen

Following last week’s modest fall, the Euro to US Dollar (EUR/USD) exchange rate could be in for further losses this week as yet more Eurozone ecostats disappoint investors. The Euro and US Dollar have a negative correlation, so the latest Euro weakness has bolstered US Dollar strength and the latest US-China trade hopes have only supported...

CATEGORIES: American Dollar Forecasts Euro Forecasts

USD to CAD Exchange Rate Tumbles from Month-Best Ahead of Bank of Canada (BoC) Policy Decision

4 Sep 2019 at 1 PM - Written by Toni Johnson

STORY LINK USD to CAD Exchange Rate Tumbles from Month-Best Ahead of Bank of Canada (BoC) Policy Decision

Concerns that the US economy was also suffering from global trade tensions and the US-China trade war only worsened yesterday when the latest US ecostats fell short of forecasts, and the US Dollar to Canadian Dollar (USD/CAD) exchange rate has fallen back from its best levels in over a month. The Canadian Dollar has also been firming as...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts

US Dollar South African Rand (USD/ZAR) Exchange Rate Rises as US House Prices Improve

27 Aug 2019 at 5 PM - Written by John Cameron

STORY LINK US Dollar South African Rand (USD/ZAR) Exchange Rate Rises as US House Prices Improve

USD/ZAR Exchange Rate Edges Higher despite US-China Trade Uncertainty The US Dollar South African Rand (USD/ZAR) exchange rate edged higher today, with the pairing fluctuating around 15.323R as US house prices rise in June. Today saw the US Housing Price Index for June rose by 0.2%, although these fell below the forecast 0.3% increase....

CATEGORIES: American Dollar Forecasts South African Rand Forecasts

US Dollar to Rand Exchange Rate Tumbles as Investors Anticipate Federal Reserve News

21 Aug 2019 at 1 PM - Written by John Cameron

STORY LINK US Dollar to Rand Exchange Rate Tumbles as Investors Anticipate Federal Reserve News

Despite some weaker than expected South African inflation data today, the US Dollar to South African Rand exchange rate tumbled ahead of the publication of the Federal Reserve’s latest meeting minutes this evening, as well as other major central bank news expected later in the week. Due to broad weakness in the South African Rand,...

CATEGORIES: American Dollar Forecasts South African Rand Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Eases as Jeremy Corbyn Rallies to Prevent a Disorderly Brexit

19 Aug 2019 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Eases as Jeremy Corbyn Rallies to Prevent a Disorderly Brexit

GBP/USD Exchange Rate Falls as a Cross-Party Challenge Mounts against Boris Johnson The Pound US Dollar (GBP/USD) exchange rate eased this morning, with the pairing trading around $1.212 as cross-party opposition against a no-deal Brexit in October has increased since last week. This follows Labour leader Jeremy Corbyn’s call for...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

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