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

Euro US Dollar (EUR/USD) Exchange Rate Steady as Improving Risk Sentiment Weighs on ‘Greenback’

20 Apr 2021 at 2 PM - Written by John Cameron

EUR/USD Exchange Rate Rangebound as Risk-On Market Mood Weakens US Dollar The Euro to US Dollar (EUR/USD) exchange rate held relatively steady today. Investor demand for the safe-haven ‘Greenback’ has slipped on hopes that the global economy could be on the road to recovery. The pairing is currently fluctuating around $1.20. US...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound as Risk-On Markets Limit ‘Greenback’

15 Apr 2021 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Steady as US Retail Sales Beat Forecasts The Pound US Dollar (GBP/USD) exchange rate held steady this morning after the ‘Greenback’ was undermined by a dovish Federal Reserve. The Fed’s Chairman Jerome Powell suggested that it was unlikely that the bank would raise interest rates until as late as next year....

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Euro US Dollar Exchange Rate Steady as German Investor Moral Suffers from Covid-19 Lockdown Fears

13 Apr 2021 at 3 PM - Written by John Cameron

EUR/USD Exchange Rate Rangebound as Germany’s Investor Morale Struggled in March The Euro US Dollar (EUR/USD) exchange rate held steady today after German investor morale has suffered from fears of further Covid-19 restrictions. The pairing is currently fluctuating around $1.19. Germany’s ZEW survey of the current economic situation...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Falls as Demand for Safe-Haven USD Increases

6 Apr 2021 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Fall as Risk-Off Markets Boost Safe-Haven Demand The Pound US Dollar (GBP/USD) exchange rate fell by -0.4% today as demand for the safe-haven US Dollar has risen as Europe suffers from a third-wave of Covid-19. The pairing is currently fluctuating around $1.38. The US Dollar (USD) has benefited from souring...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Sterling Forecasts

Pound US Dollar Exchange Rate Steady: USD Rises as Joe Biden Announces Infrastructure Stimulus Package

1 Apr 2021 at 12 PM - Written by John Cameron

GBP/USD Exchange Rate Rangebound as ‘Greenback’ is Buoyed by Safe-Haven Demand The Pound US Dollar exchange rate held steady today following President Joe Biden’s announcement of a $2 trillion infrastructure stimulus package. The pairing is currently fluctuating around $1.37. Mr. Biden commented on the stimulus plan: ‘It is...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound Swiss Franc (GBP/CHF) Exchange Rate Sinks as Risk-Off Market Mood Drive Demand for Safe-Haven Currencies

25 Mar 2021 at 5 PM - Written by John Cameron

GBP/CHF Exchange Rate Falls as Souring Risk Sentiment Boost Safe-Haven Swiss Franc The Pound Swiss Franc (GBP/CHF) exchange rate fell today as risk-off market mood has driven demand for the safe-haven Swiss currency. The pairing is currently trading around 1.29fr. Today also saw the Swiss National Bank hold interest rates at -0.75%,...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound to Dollar Rate Slides Sharply

23 Mar 2021 at 3 PM - Written by John Cameron

Pound Dollar Exchange Rate Sinks as UK-EU Vaccine Tensions Dampen UK Market Confidence The Pound US Dollar (GBP/USD) exchange rate fell by -0.5% following yesterday’s comments from Prime Minister Boris Johnson, who warned that Europe’s third-wave of Covid-19 infections will ‘wash up on our shores’. The pairing is currently...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Euro to US Dollar (EUR/USD) Exchange Rate Steady on Underwhelming Eurozone Data

3 Mar 2021 at 5 PM - Written by John Cameron

EUR/USD Exchange Rate Rangebound as EU Lockdowns Weigh on Eurozone Economy The Euro to US Dollar (EUR/USD) exchange rate was largely muted today, with the pairing currently fluctuating around $1.20. The Euro has suffered this week owing to largely underwhelming Eurozone economic data. Germany’s retail sales for January tumbled by -4.5,...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/USD Exchange Rate Dips as Covid-19 Fears Return After Brazilian Covid-19 Variant is Found in the UK

1 Mar 2021 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as UK Manufacturing PMI Highlights Supply Chain Issues The Pound to US Dollar exchange rate dipped today, with the pairing currently fluctuating around $1.39. Sterling held steady against the ‘Greenback’ following the announcement that a highly infectious Brazilian variant of Covid-19 had been found in the...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP to USD Rises Ahead of UK Lockdown Exit Plan Announcement

22 Feb 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Heads Higher on UK Covid Vaccine Optimism The Pound to US Dollar exchange rate rose by 0.2% today ahead of the unveiling of Prime Minister Boris Johnson’s lockdown exit plan. The pairing is currently trading around $1.40. Boris Johnson is also expected to highlight new data that shows that Covid-19 vaccines has...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts