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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 Rangebound as Safe-Haven Demand is Hit by Covid-19 Treatment Hopes

24 Aug 2020 at 5 PM - Written by John Cameron

EUR/USD Exchange Rate Steady as Covid-19 Treatment Hopes Weigh on ‘Greenback’ The Euro to US Dollar (EUR/USD) exchange rate held steady today, with the pairing currently fluctuating around $1.180. The US Dollar (USD) failed to gain on the Euro (EUR) today following US President Donald Trump’s authorisation of blood plasma treatment...

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Pound to US Dollar (GBP/USD) Exchange Rate Dips as Safe-Haven Demand Increases on Growing US Jobless Claims

20 Aug 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Sinks as US Jobless Claims Spike in August The Pound to US Dollar (GBP/USD) exchange rate dipped today, with the pairing currently trading around $1.309. The US Dollar (USD) edged higher today following the better-than-expected US continuing jobless claims report for August. The figure fell below forecasts from...

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Pound to US Dollar (GBP/USD) Exchange Rises as US Jobless Data Boosts Risk Appetite

13 Aug 2020 at 5 PM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange rate rose by 0.2% today, with the pairing currently trading around $1.30. The ‘Greenback’ has suffered today as risk sentiment has improved following a better-than-expected US continuing jobless claims report, which fell from 16.09 million to 15.486 million. Consequently, this has buoyed hopes...

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EUR to USD Exchange Rate Struggles to Hold 2-Year-Best amid Optimistic US Job Figures

6 Aug 2020 at 5 PM - Written by Frank Davies

While Eurozone data continues to impress investors, markets are hesitant to keep buying the already strong Euro to US Dollar (EUR/USD) exchange rate even higher. With some of this week’s noteworthy US data beating expectations, the US Dollar is doing a little better at avoiding further losses. Still, the US economic outlook remains...

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Pound to US Dollar (GBP/USD) Exchange Rate Rises as US Growth Falls to Record Lows

30 Jul 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher as US Economy Continues to Suffer The Pound to US Dollar (GBP/USD) exchange rate rose by 0.5% today, with the pairing currently fluctuating around $1.305. The US Dollar (USD) has continued to struggle following yesterday’s dovish statement from the US Federal Reserve which underlined fears for...

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Near 2 Year Best for EUR to USD Exchange Rate amid Broad Dollar Weakness

27 Jul 2020 at 5 PM - Written by John Cameron

Investors continue to buy the Euro to US Dollar (EUR/USD) exchange rate since markets opened today. After last week’s impressive gains, could the pair be in for yet further advances? Market anxiety over the US Dollar continues to deepen amid concerns for the US coronavirus, political and economic outlooks. Meanwhile, the Euro continues to...

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Euro to US Dollar (EUR/USD) Exchange Rate Edges Higher as US Jobless Claims Continue to Rise in July

23 Jul 2020 at 5 PM - Written by John Cameron

EUR/USD Exchange Rate Rises as Doubts Grow Over America’s Economic Recovery The Euro to US Dollar (EUR/USD) exchange rate edged higher by 0.2% today, with the pairing currently trading around $1.15. The US Dollar (USD) struggled today following a worse-than-expected US Initial Jobless Claims report for July, which rose above forecasts...

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Euro US Dollar (EUR/USD) Exchange Rate Edges Higher as Covid-19 Vaccine Hopes Weigh on ‘Greenback’

15 Jul 2020 at 4 PM - Written by John Cameron

EUR/USD Exchange Rate Rises as Investors Brace for Thursday’s ECB Interest Rate Decision The Euro to US Dollar (EUR/USD) exchange rate rose by 0.3% today, with the pairing currently trading around $1.144. The Euro (EUR) rose against the US Dollar (USD) after markets were lifted by hopes for a Covid-19 vaccine. US biotech firm...

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EUR to USD Exchange Rate Struggles as Eurozone Data and Safe Haven Demand Weigh

7 Jul 2020 at 5 PM - Written by Toni Johnson

The Euro remains broadly appealing versus the US Dollar, but the Euro to US Dollar (EUR/USD) exchange rate is struggling to hold its best levels this week. Though the Euro continues it advance attempts, its gains are limited as the latest EU forecasts show the Eurozone being hit harder than expected by the coronavirus pandemic. The US outlook...

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Pound to US Dollar (GBP/USD) Exchange Rate Falls Despite Rising American Covid-19 Cases

29 Jun 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Dips Despite Rising Covid-19 Vaccine Hopes The Pound to US Dollar (GBP/USD) exchange rate dipped today, with the pairing currently trading around $1.23. The US Dollar (USD) edged higher against Sterling today despite growing fears that America could see renewed lockdown measures on ever-increasing Covid-19 cases. ...

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