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

US Dollar to Rand Exchange Rate Tumbles as Investors Anticipate Federal Reserve News

21 Aug 2019 at 1 PM - Written by John Cameron

STORY LINK US Dollar to Rand Exchange Rate Tumbles as Investors Anticipate Federal Reserve News

Despite some weaker than expected South African inflation data today, the US Dollar to South African Rand exchange rate tumbled ahead of the publication of the Federal Reserve’s latest meeting minutes this evening, as well as other major central bank news expected later in the week. Due to broad weakness in the South African Rand,...

CATEGORIES: American Dollar Forecasts South African Rand Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Eases as Jeremy Corbyn Rallies to Prevent a Disorderly Brexit

19 Aug 2019 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Eases as Jeremy Corbyn Rallies to Prevent a Disorderly Brexit

GBP/USD Exchange Rate Falls as a Cross-Party Challenge Mounts against Boris Johnson The Pound US Dollar (GBP/USD) exchange rate eased this morning, with the pairing trading around $1.212 as cross-party opposition against a no-deal Brexit in October has increased since last week. This follows Labour leader Jeremy Corbyn’s call for...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

US Dollar Australian Dollar (USD/AUD) Exchange Rate Sinks as Australian Jobs Data Soars Past Forecasts

15 Aug 2019 at 12 PM - Written by John Cameron

STORY LINK US Dollar Australian Dollar (USD/AUD) Exchange Rate Sinks as Australian Jobs Data Soars Past Forecasts

USD/AUD Exchange Rate Falls as Australian Unemployment Holds Steady The US Dollar Australian Dollar (USD/AUD) exchange rate fell today, leaving the pairing trading around AU$1.477. Australian unemployment rate figure held steady in July, remaining at 5.2% as expected. Meanwhile, the Australian employment change figure for July shot up...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises as US Recession Fears Increase

12 Aug 2019 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rises as US Recession Fears Increase

GBP/USD Exchange Rate Edges Higher as Recession Fears Haunt US Markets The Pound US Dollar (GPB/USD) exchange rate edged higher today, leaving the pairing trading around $1.209 as US economic recession fears rise as US-China trade tensions mount. The US Dollar (USD) eased against the Pound (GBP) as tensions between the US and China are...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Disappointing German Construction PMI Causes Euro US Dollar (EUR/USD) Exchange Rate to Slide

6 Aug 2019 at 5 PM - Written by John Cameron

STORY LINK Disappointing German Construction PMI Causes Euro US Dollar (EUR/USD) Exchange Rate to Slide

Euro US Dollar (EUR/USD) Exchange Rate Slides as German Construction PMI Falls into Contraction The Euro US Dollar (EUR/USD) exchange rate slumped and the pairing is currently trading at an inter-bank rate of $1.1196. This morning data revealed that German construction activity slumped for the first time in nine-months. The Euro...

CATEGORIES: American Dollar Forecasts Euro Forecasts

September ECB Rate Cut Leaves Euro US Dollar (EUR/USD) Exchange Rate Flat

26 Jul 2019 at 1 PM - Written by John Cameron

STORY LINK September ECB Rate Cut Leaves Euro US Dollar (EUR/USD) Exchange Rate Flat

Euro US Dollar (EUR/USD) Exchange Rate Muted as 2019 Eurozone Rebound ‘Less Likely’ The Euro US Dollar (EUR/USD) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of $1.1131. On Thursday, the European Central Bank (ECB) left interest rates unchanged as widely expected. The decision not to...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steadies Following Fed Rate Cut Fears

12 Jul 2019 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Steadies Following Fed Rate Cut Fears

GBP/USD Exchange Rate Rangebound on Dovish US Monetary Policy Forecasts The Pound US Dollar (GBP/USD) exchange rate stabilised this morning, leaving the pairing fluctuating around $1.2533. The US Dollar (USD) steadied against the Pound (GBP) following yesterday’s comments from the US Federal Reserve which seemed to indicate a rate...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

US Dollar Canadian Dollar (USD/CAD) Exchange Rate Sinks as Dovish Fed Expectations Dampens US Market Sentiment

10 Jul 2019 at 3 PM - Written by John Cameron

STORY LINK US Dollar Canadian Dollar (USD/CAD) Exchange Rate Sinks as Dovish Fed Expectations Dampens US Market Sentiment

USD/CAD Exchange Rate Falls as ‘Loonie’ Traders Optimism Rises ahead of BoC Statement The US Dollar Canadian Dollar (USD/CAD) exchange rate fell by 0.3% today, with the pairing fluctuating around CA$1.309. The Canadian Dollar (CAD) fell against the US Dollar (USD) with expectations rising that the Bank of Canada (BoC) could buck...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Steadies as US Composite PMIs Improve

3 Jul 2019 at 4 PM - Written by John Cameron

STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Steadies as US Composite PMIs Improve

EUR/USD Exchange Rate Flat as US Manufacturing Eases The Euro US Dollar (EUR/USD) exchange rate steadied today and is currently trading around $1.129 on the interbank market. The US Dollar (USD) stabilised against the Euro (EUR) following the publication of the US Markit PMI Composite figures for June, which rose from 50.9 to...

CATEGORIES: American Dollar Forecasts Euro Forecasts

EUR to USD Exchange Rate Rebounds from Weekly Worst despite Mixed EUR Support

1 Jul 2019 at 1 PM - Written by David Woodsmith

STORY LINK EUR to USD Exchange Rate Rebounds from Weekly Worst despite Mixed EUR Support

Due to some stronger than expected Eurozone data, concerns about this morning’s worse than expected Eurozone factory data lightened and the Euro to US Dollar (EUR/USD) exchange rate was able to rebound from its worst levels in over a week. The US Dollar remained stronger overall though, as investors digested the weekend’s US-China trade...

CATEGORIES: American Dollar Forecasts Euro Forecasts

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