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

Pound to US Dollar Exchange Rate Sinks as Donald Trump is Discharged from Walter Reed Hospital

6 Oct 2020 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as Hopes of US Stimulus Boost ‘Greenback’ The Pound to US Dollar (GBP/USD) exchange rate fell by -0.4% today, with the pairing currently fluctuating around $1.293. The US Dollar (USD) rose against Sterling today despite US President Donald Trump being discharged from hospital to return to the White House...

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EUR to USD Exchange Rate Slips as Rush to Safe Havens Boosts US Dollar

21 Sep 2020 at 5 PM - Written by David Woodsmith

Despite a lack of fresh developments in Eurozone data, the Euro to US Dollar (EUR/USD) exchange rate has been tumbling today. The US Dollar is benefitting from a jump in market demand for safe havens, despite the US outlook being fairly mixed itself. Further developments in how the coronavirus pandemic will be handled in the Eurozone and US...

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EUR to USD Exchange Rate Holds Recovery Thanks to European Central Bank’s (ECB) Calm

11 Sep 2020 at 1 PM - Written by James Fuller

After opening this week with a downside bias, the Euro to US Dollar (EUR/USD) exchange rate has found fresh support in recent sessions. The European Central Bank (ECB) surprised markets with its unexpectedly optimistic tone, while the latest US data continues to paint an uncertain picture for the resilience of the US economy. Investors will...

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EUR to USD Exchange Rate Rebounds from Near Month Worst as Markets Await European Central Bank

9 Sep 2020 at 5 PM - Written by David Woodsmith

After tumbling fairly consistently since hitting a notable high earlier last week, the Euro to US Dollar (EUR/USD) exchange rate saw a rebound from its lowest levels today. The Euro is steadying as investors await tomorrow’s European Central Bank (ECB) news, while the US Dollar’s rebound rally is gradually running out of steam and is...

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Euro to US Dollar (EUR/USD) Exchange Rate Rangebound as Safe-Haven Demand is Hit by Covid-19 Treatment Hopes

24 Aug 2020 at 5 PM - Written by John Cameron

EUR/USD Exchange Rate Steady as Covid-19 Treatment Hopes Weigh on ‘Greenback’ The Euro to US Dollar (EUR/USD) exchange rate held steady today, with the pairing currently fluctuating around $1.180. The US Dollar (USD) failed to gain on the Euro (EUR) today following US President Donald Trump’s authorisation of blood plasma treatment...

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Pound to US Dollar (GBP/USD) Exchange Rate Dips as Safe-Haven Demand Increases on Growing US Jobless Claims

20 Aug 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Sinks as US Jobless Claims Spike in August The Pound to US Dollar (GBP/USD) exchange rate dipped today, with the pairing currently trading around $1.309. The US Dollar (USD) edged higher today following the better-than-expected US continuing jobless claims report for August. The figure fell below forecasts from...

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Pound to US Dollar (GBP/USD) Exchange Rises as US Jobless Data Boosts Risk Appetite

13 Aug 2020 at 5 PM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange rate rose by 0.2% today, with the pairing currently trading around $1.30. The ‘Greenback’ has suffered today as risk sentiment has improved following a better-than-expected US continuing jobless claims report, which fell from 16.09 million to 15.486 million. Consequently, this has buoyed hopes...

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EUR to USD Exchange Rate Struggles to Hold 2-Year-Best amid Optimistic US Job Figures

6 Aug 2020 at 5 PM - Written by Frank Davies

While Eurozone data continues to impress investors, markets are hesitant to keep buying the already strong Euro to US Dollar (EUR/USD) exchange rate even higher. With some of this week’s noteworthy US data beating expectations, the US Dollar is doing a little better at avoiding further losses. Still, the US economic outlook remains...

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Pound to US Dollar (GBP/USD) Exchange Rate Rises as US Growth Falls to Record Lows

30 Jul 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher as US Economy Continues to Suffer The Pound to US Dollar (GBP/USD) exchange rate rose by 0.5% today, with the pairing currently fluctuating around $1.305. The US Dollar (USD) has continued to struggle following yesterday’s dovish statement from the US Federal Reserve which underlined fears for...

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Near 2 Year Best for EUR to USD Exchange Rate amid Broad Dollar Weakness

27 Jul 2020 at 5 PM - Written by John Cameron

Investors continue to buy the Euro to US Dollar (EUR/USD) exchange rate since markets opened today. After last week’s impressive gains, could the pair be in for yet further advances? Market anxiety over the US Dollar continues to deepen amid concerns for the US coronavirus, political and economic outlooks. Meanwhile, the Euro continues to...

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