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

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...

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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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Pound US Dollar (GBP/USD) Exchange Rate Sinks as US Factory Output Improves in December

2 Jan 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher as US Economy Starts Off on ‘Softer Footing’ The Pound US Dollar (GBP/USD) exchange rate fell by -0.6% today, with the pairing currently trading around $1.315 after the US factory output figure showed a slight expansion at 52.4 in December. Chris Williamson, Chief Business Economist at IHS Markit,...

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Pound US Dollar (GBP/USD) Exchange Rate Sinks as Boris Johnson Seeks to Cap Brexit Transition Period

17 Dec 2019 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Falls, No-Deal Brexit Fears Return The Pound US Dollar (GBP/USD) exchange rate fell by -0.8% today, with the pairing currently trading around $1.316 following news that Prime Minister Boris Johnson would attempt to put into law a prohibition to any extension to the Brexit transition period beyond December 2020....

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Euro US Dollar Exchange Rate Steady, US Non-Manufacturing PMI Falls Below Forecasts

4 Dec 2019 at 4 PM - Written by John Cameron

EUR/USD Exchange Rate Rangebound, US Economy is ‘Slowing’ The Euro US Dollar (EUR/USD) exchange rate held steady today, with the pairing currently trading around $1.109 after the US ISM Non-Manufacturing PMI for November fell below forecasts from 54.7 to 53.9, weakening market confidence in the US economy. Today also saw the...

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Pound US Dollar Exchange Rate Rises, Markets React Positively to Tory Manifesto

25 Nov 2019 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher, Tories Maintain Lead in Opinion Polls The Pound US Dollar (GBP/USD) exchange rate rose by 0.5% today, with the pairing currently trading around $1.290 after markets reacted generally positively to the Conservative’s release of its long-awaited manifesto on Sunday. Josh Hardie, deputy director-general...

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Pound US Dollar (GBP/USD) Exchange Rate Steady, US-China Trade Deal Hopes Fade

19 Nov 2019 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Steady, Fears Over US Economy Rise as US-China Trade Developments Stall The Pound US Dollar (GBP/USD) exchange rate held steady today, with the pairing currently trading around $1.293 as waning hopes of a US-China trade deal weigh on the ‘Greenback’. Analysts at Reuters commented: ‘Expectations had grown...

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Euro US Dollar (EUR/USD) Exchange Rate Stable as German Exports Rebound

8 Nov 2019 at 11 AM - Written by John Cameron

Euro (EUR) Stabilises on Solid German Trade Figures The Euro (EUR) exchange rate is holding its ground this morning as markets cheered some surprisingly upbeat trade figures from Germany. According to data published by the Federal Statistics Office, Destatis, Germany’s trade surplus ballooned to €21.1bn from €16.4bn in...

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Euro US Dollar (EUR/USD) Exchange Rate Muted as US-China Trade War Drags on Manufacturing

4 Nov 2019 at 4 PM - Written by John Cameron

Euro US Dollar (EUR/USD) Exchange Rate Flat as US-China Tensions Weigh on US Manufacturing The Euro US Dollar (EUR/USD) exchange rate was left muted and the pairing is currently trading at around $1.1155. The US Dollar was left under pressure as data revealed new orders for US goods slumped more than expected in September. This...

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