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

GBP/USD News: Pound US Dollar Exchange Rate Rebounds on Mixed Data and Risk-On Mood

22 Oct 2021 at 12 PM - Written by John Cameron

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...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts

Pound US Dollar Hits Three-Week High amid Upbeat Mood

15 Oct 2021 at 11 AM - Written by John Cameron

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...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/USD News: Pound US Dollar Exchange Rate Firms on Strong UK Employment Data

12 Oct 2021 at 12 PM - Written by John Cameron

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...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar Forecast: GBP/USD Edges Higher on Dire US Payrolls Data

8 Oct 2021 at 3 PM - Written by John Cameron

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...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Edges Higher Despite Growing Risk-Off Mood

9 Sep 2021 at 5 PM - Written by John Cameron

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...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound as Covid-19 Fears Dent US Consumer Morale

16 Aug 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Steady, US Consumer Morale Deteriorates The Pound US Dollar (GBP/USD) exchange rate held steady today following the slide in US Michigan consumer confidence on Friday, which dropped considerably below expectations. The pairing is currently trading around $1.38. Analysts at Bloomberg explained: ‘US consumer...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Edges Higher as US Manufacturing PMI Underwhelms

3 Aug 2021 at 2 PM - Written by John Cameron

GBP/USD Exchange Rate Rises as US Manufacturing Growth Cools The Pound US Dollar (GBP/USD) exchange rate edged higher today following yesterday’s lacklustre US ISM manufacturing PMI for July, which fell below forecasts from 60.6 to 59.5, sparking concerns for the world’s largest economy. The pairing is currently fluctuating around...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Steady as Risks to Eurozone Economy Remain Broadly Balanced

12 Jul 2021 at 12 PM - Written by John Cameron

EUR/USD Exchange Rate Rangebound Despite Expectations of an ‘Intense’ Eurozone Economic Recovery The Euro US Dollar (EUR/USD) exchange rate held steady today due to a lack of any notable Eurozone economic data. The pairing is trading around $1.18 at the time of writing. European Central Bank (ECB) vice president, Luis de Guindos,...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Euro to US Dollar (EUR/USD) Exchange Rate Steady as German Business Confidence Grows in June

24 Jun 2021 at 12 PM - Written by John Cameron

EUR/USD Exchange Rate Rangebound Despite Robust German Business Morale The Euro US Dollar exchange rate held steady this morning following the release of the latest German business climate report for June which rose above forecasts from 99.2 to 101.8. The pairing is currently trading around $1.19. The Euro (EUR) has benefited from rising...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises as Boris Johnson Reiterates Plan to Ease Lockdown on 17 May

10 May 2021 at 2 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher as UK Economic Confidence Continues to Grow The Pound US Dollar (GBP/USD) exchange rate rose by 0.7% today after Prime Minister Boris Johnson reiterated that the UK’s roadmap for easing lockdown restrictions ‘remains on track’. The pairing is currently trading around $1.40. Sterling headed higher...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts