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

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...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts

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...

CATEGORIES: American Dollar Forecasts Euro Forecasts

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...

CATEGORIES: American Dollar Forecasts Euro Forecasts

EUR to USD Exchange Rate Slips from Highs as Eurozone Data Continues to Paint Uncertain Picture

31 Oct 2019 at 1 PM - Written by Toni Johnson

While the Euro to US Dollar (EUR/USD) exchange rate has seen notable gains this week so far, the pair has slipped from its best levels today as investors are hesitant to keep buying the Euro amid a lack of strong domestic support. Still, the primary movement in the pair since last night has been a strong gain in response to the Federal...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Flat Ahead of Draghi’s Final ECB Meeting

23 Oct 2019 at 10 AM - Written by John Cameron

Euro US Dollar (EUR/USD) Exchange Rate Muted Ahead of ECB Rate Decision The Euro US Dollar (EUR/USD) exchange rate was left flat and the pairing is currently trading at around $1.1111. The single currency edged lower on Wednesday and was left under pressure ahead of Thursday’s European Central Bank (ECB) meeting. This week’s...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Sinks on UK-EU Brexit Deal Uncertainty

14 Oct 2019 at 2 PM - Written by John Cameron

GBP/USD Exchange Rate Falls, Brexit Talks Could Exceed EU Summit The Pound US Dollar (GBP/USD) exchange rate fell by -0.8% today, with the pairing currently trading around $1.254 after a UK-EU Brexit breakthrough failed to manifest after the weekend’s intensive negotiations. Michel Barnier, the EU’s Chief Negotiator, also added that...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steady, UK Services PMI Contracts in September

3 Oct 2019 at 12 PM - Written by John Cameron

GBP/USD Exchange Rate Rangebound, Brexit and Global Slowdown Weighs on UK Services Sector The Pound US Dollar (GBP/USD) exchange rate held steady today, with the pairing currently trading around $1.230 following the release of September’s UK Markit Services PMI which fell unexpectedly into contraction territory from 50.6 to 49.5. Duncan...

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US Dollar Canadian Dollar (USD/CAD) Exchange Rate Rises as White House Releases Trump-Ukraine Call Details

25 Sep 2019 at 3 PM - Written by John Cameron

US Dollar Canadian Dollar (USD/CAD) Exchange Rate Recovers from Impeachment Inquiry The US Dollar Canadian Dollar (USD/CAD) exchange rate edged up and the pairing is currently trading at around CA$1.3286. The Dollar recovered this afternoon after being battered by reports of a formal impeachment inquiry against President Donald...

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