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

Euro to US Dollar (EUR/USD) Exchange Rate Falls as Demand for Safe-Haven ‘Greenback’ Rises

13 Jan 2021 at 4 PM - Written by John Cameron

EUR/USD Exchange Rate Edges Higher as Speculation Grows Over Fed Easing Stimulus The Euro to US Dollar (EUR/USD) exchange rate fell by -0.3% today, with the pairing currently fluctuating around $1.21. The US Dollar (USD) rose today as demand for the safe-haven ‘Greenback’ has risen due to rising concerns over the soaring number of...

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Euro to US Dollar Exchange Rate Rangebound as Safe-Haven Demand Increases as Covid-19 Cases Rise Worldwide

12 Jan 2021 at 4 PM - Written by John Cameron

EUR/USD Exchange Rate Steady as Demand for ‘Greenback’ Steadily Rises The Euro to US Dollar (EUR/USD) exchange rate held steady today, with the pairing currently trading around $1.215. The US Dollar (USD) failed to gain against the single currency today despite demand for the safe-haven ‘Greenback’ rising. Investors are...

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Pound to Dollar Rates Soar 1.4% as UK-EU Brexit Talks Progress Deliver Sterling Gains

14 Dec 2020 at 3 PM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange rate soared by 1.4% today as hopes of a post-Brexit trade deal escalate as UK-EU trade talks continue. The pairing is currently fluctuating around $1.342. Michel Barnier, the EU’s Chief Negotiator, said that a trade agreement between the two sides was ‘still possible’. However, Barnier...

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Pound to US Dollar (GBP/USD) Exchange Rate Edges Higher Despite Concerns for UK Economy

18 Nov 2020 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Rises Despite Worries Over No-Deal Brexit The Pound to US Dollar (GBP/USD) exchange rate rose by 0.2% today, with the pairing currently trading around $1.329. Sterling rose against the ‘Greenback’ following today’s publication of the UK Consumer Price Index for October, which beat forecasts and rose by 0.7%...

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EUR to USD Exchange Rate Kept Lower by Coronavirus Jitters and Safe Haven Demand

13 Nov 2020 at 1 PM - Written by John Cameron

Despite a rise in market risk-sentiment this week, the Euro to US Dollar (EUR/USD) exchange rate has been unable to hold its ground. Concerns about the Eurozone’s coronavirus surges, combined with lingering safe haven demand, are keeping the pair under pressure. The latest Eurozone data has not been enough to boost the Euro either, and...

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Pound to US Dollar (GBP/USD) Exchange Rate Falls as US Election Uncertainty Boosts Safe-Haven Demand

4 Nov 2020 at 1 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as US Elections in Focus The Pound to US Dollar (GBP/USD) exchange rate fell by 0.8% today, with uncertainty over the result of US general election remaining in balance, with Democrat presidential candidate Joe Biden currently leading at 238 to 213. Consequently, safe-haven demand for the ‘Greenback’...

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Pound to US Dollar Exchange Rate Sinks as Donald Trump is Discharged from Walter Reed Hospital

6 Oct 2020 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as Hopes of US Stimulus Boost ‘Greenback’ The Pound to US Dollar (GBP/USD) exchange rate fell by -0.4% today, with the pairing currently fluctuating around $1.293. The US Dollar (USD) rose against Sterling today despite US President Donald Trump being discharged from hospital to return to the White House...

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EUR to USD Exchange Rate Slips as Rush to Safe Havens Boosts US Dollar

21 Sep 2020 at 5 PM - Written by David Woodsmith

Despite a lack of fresh developments in Eurozone data, the Euro to US Dollar (EUR/USD) exchange rate has been tumbling today. The US Dollar is benefitting from a jump in market demand for safe havens, despite the US outlook being fairly mixed itself. Further developments in how the coronavirus pandemic will be handled in the Eurozone and US...

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EUR to USD Exchange Rate Holds Recovery Thanks to European Central Bank’s (ECB) Calm

11 Sep 2020 at 1 PM - Written by James Fuller

After opening this week with a downside bias, the Euro to US Dollar (EUR/USD) exchange rate has found fresh support in recent sessions. The European Central Bank (ECB) surprised markets with its unexpectedly optimistic tone, while the latest US data continues to paint an uncertain picture for the resilience of the US economy. Investors will...

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EUR to USD Exchange Rate Rebounds from Near Month Worst as Markets Await European Central Bank

9 Sep 2020 at 5 PM - Written by David Woodsmith

After tumbling fairly consistently since hitting a notable high earlier last week, the Euro to US Dollar (EUR/USD) exchange rate saw a rebound from its lowest levels today. The Euro is steadying as investors await tomorrow’s European Central Bank (ECB) news, while the US Dollar’s rebound rally is gradually running out of steam and is...

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