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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 Steady as US Jobless Claims Rise Above Forecasts

4 Jun 2020 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Rangebound on ‘Unprecedented US Jobs Data The Pound to US Dollar (GBP/USD) exchange rate held steady today, with the pairing currently trading around $1.25. The US Dollar (USD) has suffered from today’s release of the US initial jobless claims figures for May, which came in at a worse-than-expected 1,877...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Euro to US Dollar (EUR/USD) Exchange Rate Rises as US Protests Weigh on Greenback

1 Jun 2020 at 5 PM - Written by John Cameron

EUR/USD Exchange Rate Increases as US Manufacturing PMI for May Falls Below Forecasts The Euro to US Dollar (EUR/USD) exchange rate edged higher today, with the pairing currently trading around $1.11. The US Dollar (USD) has been held back by the shocking wave of protests throughout the United States over the weekend. As a result of...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Falls as Divisions Within the Conservative Party Grow

27 May 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Sinks on Brexit and Tory Party Disunity The Pound to US Dollar (GBP/USD) exchange rate fell by -0.5% today, with the pairing currently trading around $1.22. Sterling has suffered from increasingly disunity within the Conservative Party today as Prime Minister Boris Johnson’s standing is being eroded by the...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Improved Market Sentiment Buoys the Euro US Dollar (EUR/USD) Exchange Rate

26 May 2020 at 5 PM - Written by John Cameron

Euro US Dollar (EUR/USD) Exchange Rate Jumps on Market Optimism for Coronavirus Recovery The Euro US Dollar (EUR/USD) exchange rate rallied on Tuesday by around 0.7%, leaving the pairing trading at around $1.0977. The single currency was able to make significant gains against a weaker US Dollar today as optimism about a global recovery...

CATEGORIES: American Dollar Forecasts Euro Forecasts

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

22 May 2020 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Sinks as US-China Trade Tensions Boost ‘Greenback’ Safe-Haven The Pound to US Dollar (GBP/USD) exchange rate fell by -0.3% today, with the pairing currently trading around $1.217. The US Dollar (USD) has continued to benefit from increasing demand for safe-haven currencies today on a fresh source of tension...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Rises on Franco-German Proposal

19 May 2020 at 5 PM - Written by John Cameron

Euro US Dollar (EUR/USD) Exchange Rate Buoyed by Franco-German Proposal The Euro US Dollar (EUR/USD) exchange rate edged up by around 0.2% this afternoon. This left the pairing trading at around $1.0935. The single currency edged higher on Tuesday, boosted higher by a Franco-German proposal on Monday for a fund that would offer...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises as US Economic Outlook Darkens

14 Apr 2020 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher as Chinese Trade Data Beats Forecasts The Pound to US Dollar (GBP/USD) exchange rate rose by 0.6% today, with the pairing currently trading around $1.260. The US Dollar (USD) fell against the Pound (GBP) following this morning’s report that China’s trade data had beaten forecasts, leaving investors...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Edges Higher as Safe-Haven Demand Eases

8 Apr 2020 at 1 PM - Written by John Cameron

GBP/USD Exchange Rate Rises, US Dollar Struggles as Europe’s Covid-19 Cases Drop The Pound to US Dollar (GBP/USD) exchange rate rose today, with the pairing currently trading around $1.233. The US Dollar (USD) struggled against the Pound (GBP) today as safe-haven demand continues to ebb with Europe showing encouraging signs of easing...

CATEGORIES: American Dollar Forecasts Pound Australian Dollar Forecasts

Euro to US Dollar Exchange Rate Falls as Eurozone Composite PMI Contracts

3 Apr 2020 at 3 PM - Written by John Cameron

EUR/USD Exchange Rate Sinks as Eurozone Economic Outlook Darkens The Euro to US Dollar (EUR/USD) exchange rate fell by -0.4% today after March’s Eurozone composite PMI report fell deeper into contraction territory than previously forecast, with the figure falling from 31.4 to 29.7. The pairing is currently trading around $1.07. Chris...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises as US Fed Reveals ‘Bazooka’ Stimulus Package

24 Mar 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher, Fed Outlines ‘Bazooka’ Stimulus Package The Pound US Dollar (GBP/USD) exchange rate rose by 1% today after yesterday saw the US Federal Reserve unveil its essentially unlimited quantitative easing program to support the US economy. The pairing is currently fluctuating around $1.172. Jingyi Pan, a...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts