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

GBP/USD Exchange Rate Dips as Covid-19 Fears Return After Brazilian Covid-19 Variant is Found in the UK

1 Mar 2021 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as UK Manufacturing PMI Highlights Supply Chain Issues The Pound to US Dollar exchange rate dipped today, with the pairing currently fluctuating around $1.39. Sterling held steady against the ‘Greenback’ following the announcement that a highly infectious Brazilian variant of Covid-19 had been found in the...

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GBP to USD Rises Ahead of UK Lockdown Exit Plan Announcement

22 Feb 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Heads Higher on UK Covid Vaccine Optimism The Pound to US Dollar exchange rate rose by 0.2% today ahead of the unveiling of Prime Minister Boris Johnson’s lockdown exit plan. The pairing is currently trading around $1.40. Boris Johnson is also expected to highlight new data that shows that Covid-19 vaccines has...

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GBP/USD Exchange Rate Heads Higher as Risk-On Market Mood Persists

11 Feb 2021 at 5 PM - Written by John Cameron

Pound to US Dollar Exchange Rate Rises as Demand for Safe-Haven Currencies Falls After Positive US-China Phone Call The Pound to US Dollar exchange rate held steady today. The pairing is currently fluctuating around $1.38. The US Dollar has been undermined by risk-on market mood today following a positive conversation between US President...

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Euro to US Dollar Exchange Rate Sinks as Concerns Rise Over Eurozone’s Double-Dip Contraction

4 Feb 2021 at 2 PM - Written by John Cameron

EUR/USD Exchange Rate as Eurozone Economic Woes Drag on Single Currency The Euro to US Dollar exchange rate fell today, with the pairing currently fluctuating around $1.19. The Euro struggled today as confident in the Eurozone’s economy has dipped as concerns continue to grow over Europe’s slow Covid-19 vaccine rollout. Added to...

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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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