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

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...

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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,...

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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...

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Euro US Dollar (EUR/USD) Exchange Rate Rises Ahead of US Initial Jobless Claims Report

22 Apr 2021 at 12 PM - Written by John Cameron

EUR/USD Exchange Rate Edges Higher Despite Souring Risk Sentiment The Euro US Dollar (EUR/USD) exchange rate rose today despite souring risk sentiment buoying demand for the safe-haven ‘Greenback’. The pairing is currently fluctuating around $1.20. Demand for the safe-haven US Dollar has risen today after India hit a record of over...

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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...

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