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

Euro to US Dollar Exchange Rate Falls as Eurozone Composite PMI Contracts

3 Apr 2020 at 3 PM - Written by John Cameron

EUR/USD Exchange Rate Sinks as Eurozone Economic Outlook Darkens The Euro to US Dollar (EUR/USD) exchange rate fell by -0.4% today after March’s Eurozone composite PMI report fell deeper into contraction territory than previously forecast, with the figure falling from 31.4 to 29.7. The pairing is currently trading around $1.07. Chris...

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Pound US Dollar (GBP/USD) Exchange Rate Rises as US Fed Reveals ‘Bazooka’ Stimulus Package

24 Mar 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher, Fed Outlines ‘Bazooka’ Stimulus Package The Pound US Dollar (GBP/USD) exchange rate rose by 1% today after yesterday saw the US Federal Reserve unveil its essentially unlimited quantitative easing program to support the US economy. The pairing is currently fluctuating around $1.172. Jingyi Pan, a...

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Pound US Dollar (GBP/USD) Exchange Rate Steady, UK Spring Budget Uplifts Sterling

11 Mar 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Rangebound, UK Receives ‘Largest Fiscal Boost in Decades’ The Pound US Dollar (GBP/USD) exchange rate held steady today after Rishi Sunak, the newly-appointed Chancellor of the Exchequer, released the Spring Budget for the next five years. Sarah Carlson, a Senior Vice President at Moody’s, was upbeat about the...

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EUR to USD Exchange Rate Remains Near Yearly Worst on Eurozone Growth Concerns

17 Feb 2020 at 3 PM - Written by Tim Boyer

Due to a lack of support from either domestic or global developments, the Euro remains unappealing and last week was yet another week of losses for the Euro to US Dollar (EUR/USD) exchange rate. Investors find the Euro unappealing due to lingering fears of a lasting slowdown in Eurozone economy, as well as the possibility that further...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Steady, US Markets Brace for Fed Chair Jerome Powell Speech

11 Feb 2020 at 2 PM - Written by John Cameron

EUR/USD Exchange Rate Rangebound, US Business Optimism Improves The Euro US Dollar (EUR/USD) exchange rate held steady today, with the pairing currently trading around $1.092 after the NFIB Research Foundation’s US business optimism index for January beat expectations and edged higher from 102.7 to 104.3. US Dollar (USD) investors are...

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EUR to USD Exchange Rate Slumps to 4-Month-Worst amid Deepening Concerns over German Factory Activity

7 Feb 2020 at 12 PM - Written by Ben Hughes

Already benefitting from slightly softer safe haven demand this week, the US Dollar has easily been able to sustain considerable gains and push the Euro to US Dollar (EUR/USD) exchange rate considerably lower due to fresh weakness in the Euro. Investors are selling the shared currency due to strength in its rival the US Dollar, but this...

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Euro US Dollar (EUR/USD) Exchange Rate Slumps as German Manufacturing Spends 13th Month in Contraction

3 Feb 2020 at 1 PM - Written by John Cameron

Euro US Dollar (EUR/USD) Exchange Rate Slumps as German Staff Cuts Continue The Euro US Dollar (EUR/USD) exchange rate slumped at the start of the week, leaving the pairing trading at around $1.1064. The single currency fell despite data showing that the German manufacturing PMI rose to an 11-month high in the first month of 2020....

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EUR to USD Exchange Rate Touches January Worst as Data Keeps Investors Optimistic on US Economy

20 Jan 2020 at 3 PM - Written by James Fuller

Amid a lack of fresh support for the Euro, the Euro to US Dollar (EUR/USD) exchange rate has been unable to avoid losses while the US Dollar benefits from stronger than expected US ecostats. Strong US data and hopes that the Federal Reserve will avoid a dovish stance are keeping the US Dollar sturdy in recent sessions. For now, investors are...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Dips, UK Retail Sales Fall in December

17 Jan 2020 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Eases as BoE Rate Cut Fears Rise on Poor UK Retail Sales The Pound US Dollar (GBP/USD) exchange rate dipped today, with the pairing currently trading around $1.304 after December’s UK retail sales unexpectedly fell by -0.6% month-on-month, while the year-on-year figure fell below forecasts to 0.9%. Quantitative...

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Pound US Dollar Exchange Rate News: GBP/USD Languishes at Three-Week Low as US Inflation Accelerates

14 Jan 2020 at 2 PM - Written by John Cameron

US Dollar (USD) Buoyed by US CPI Figures The US Dollar is trending higher this afternoon as markets response to the latest US consumer price index (CPI). According to data published by the US Bureau of Labor Statistics (BLS), headline inflation climbed from 2.1% to 2.3% in December, rising to its highest levels since October 2018. However...

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