American Dollar forecast - usd american dollar us dollar usd dollar

US Economy Continues to Out-Perform, Rabobank Maintains 3-Month EUR/USD Exchange Rate Forecast of 1.02 A key feature for bond and currency markets is that the US economy continues to outperform Europe and this is continuing to benefit the dollar. According to Rabobank; “We maintain a forecast of EUR/USD 1.02 on a 3-month...

Pound US Dollar (GBP/USD) Exchange Rate Rallies amid Elevated BoE Rate Hike Bets The Pound US Dollar (GBP/USD) climbed during Wednesday’s European session, as elevated rate hike bets supported the Pound against its peers. Furthermore, a return of risk appetite to the markets weighed heavily on the safe haven ‘Greenback’,...

GBP/USD Exchange Rate Range-Bound as Economic Concerns Deepen The Pound to US Dollar (GBP/USD) exchange rate traded in a narrow range on Friday as investors remain wary of the UK economic outlook At time of writing the GBP/USD exchange was trading around $1.1544, barely changed from Friday’s opening levels. Pound (GBP) Trading...

EUR/USD Exchange Rate Firms on Risk Sentiment Turnaround The Euro US Dollar (EUR/USD) exchange rate trended on Monday morning, as positive risk flows buoy the Euro (EUR) in spite of downbeat data from the Ifo institute. Meanwhile, the US Dollar (USD) is succumbing to downside ahead of this afternoon’s data releases. At the time...

GBP/USD Rises amid Three-Month-High for Construction Sector The Pound to US Dollar (GBP/USD) exchange rate has risen since the opening of today’s European session. At the time of writing, the GBP/USD exchange rate is trading at $1.3258 with a market movement of 0.2%. Pound (GBP) Strengthened by Better-Than-Expected Data The...

GBP/USD Volatile as UK Data Surprises The Pound US Dollar (GBP/USD) exchange rate has experienced some volatility this morning, as the UK’s retail sales report and PMIs have surprised investors. Meanwhile, an improved market mood weighs on the safe-haven US Dollar (USD) after struggling Chinese firm Evergrande finds the funds...

Pound US Dollar (GBP/USD) Buoyed by Risk-On Trade The Pound US Dollar exchange rate hit a three-week high earlier in Friday’s session as optimism over UK-EU talks on the Northern Ireland protocol and Bank of England (BoE) rate hike expectations support Sterling. Meanwhile, the US Dollar has weakened at the end of the week due to...

GBP/USD Climbs on Positive UK Jobs Data The Pound US Dollar (GBP/USD) exchange rate has firmed today, after initially dipping at the open of the session, following the UK’s strong jobs data. Meanwhile, a recent absence of any meaningful US data is leaving the US Dollar (USD) open to losses. Pound (GBP) Strengthens on Strong...

GBP/USD Exchange Strengthens Following Dire US Payrolls The Pound US Dollar (GBP/USD) exchange rate finished the week on firm footing following much lower-than-expected US non farm payrolls data. After the US jobs report printed, USD exchanges rates dipped as the data raised doubts whether the Federal Reserve would still tighten...

GBP/CAD Exchange Rate Rises Despite Strong US Jobs Data The Pound US Dollar (GBP/USD) exchange rate rose by 0.2% despite growing demand for the safe-haven ‘Greenback’ as concerns grow over new variations of Covid-19, which could potentially evade vaccination. The pairing is currently trading around $1.38. As a result, souring risk...