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American Dollar Forecast Directory - Page #139

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

Pound to Dollar Rate Slides from Best in Three Weeks

12 Oct 2023 at 3 PM - Written by John Cameron

STORY LINK Pound to Dollar Rate Slides from Best in Three Weeks

The Pound to Dollar (GBP/USD) exchange rate briefly posted 3-week highs just above 1.2330 on Thursday, but failed to hold the gains. The combination of subdued UK data, mixed Bank of England rhetoric and slightly stronger-than-expected US inflation data triggered a significant reversal with GBP/USD sliding to 1.2250. US consumer prices...

CATEGORIES: Pound Dollar Forecasts

GBP/AUD News: Pound Australian Dollar Exchange Rate Wavers following Strong Australian Jobs Report

15 Jun 2023 at 12 PM - Written by John Cameron

STORY LINK GBP/AUD News: Pound Australian Dollar Exchange Rate Wavers following Strong Australian Jobs Report

The Pound Australian Dollar (GBP/AUD) exchange rate attempted to recover on Thursday morning after stumbling overnight following strong Australian jobs data. At the time of writing, GBP/AUD was trading at around AU$1.8601, up over 0.3% from an earlier low of AU$1.8534 but still down on the previous day’s levels. Australian Dollar...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Firmed as UK Economy Returns to Growth

14 Jun 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Firmed as UK Economy Returns to Growth

Pound (GBP) Buoyed by Welcome Return to Growth The Pound (GBP) saw modest success against many of its rivals on Wednesday morning in the wake of market expectations of a 0.2% increase. Coming after a 0.3% contraction in March, the UK economy rebounded to boost investors’ spirits. The biggest contributor to the increase was marked...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Soars amid Hotter-Than-Expected Labour Data

13 Jun 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Soars amid Hotter-Than-Expected Labour Data

Pound US Dollar (GBP/USD) Exchange Rate Soars amid Hotter-Than-Expected Labour Data The Pound US Dollar (GBP/USD) exchange rate strengthened significantly during Tuesday’s trade, following hotter-than-expected UK labour data, which cemented an additional rate hike from the Bank of England (BoE). At the time of writing, GBP/USD...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavered on Central Bank Uncertainties

12 Jun 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered on Central Bank Uncertainties

Pound (GBP) Undermined by Underlying Economic Concerns The Pound (GBP) found modest strength to open the week with amid elevated interest rate hike bets from the Bank of England (BoE). With a quiet trading calendar to kick the week off, economic growth and labour market data are due to print this week. Propping Sterling up on Monday were...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Ticked Higher on Bolstered BoE Rate Hike Bets

8 Jun 2023 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Ticked Higher on Bolstered BoE Rate Hike Bets

Pound (GBP) Supported by Expectations of Further Tightening The Pound (GBP) continued to struggle for sustained demand amid a lack of major economic data. However, despite the thin trading conditions, GBP investors could be buoyed on the prospect of further tightening from the Bank of England (BoE). With a quarter point interest rate...

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Fluctuated ahead of BoC Interest Rate Decision

7 Jun 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Fluctuated ahead of BoC Interest Rate Decision

Canadian Dollar (CAD) Quiet Ahead of BoC Rate Decision Meanwhile, the Canadian Dollar (CAD) is fairly muted as Cad investors move to the sidelines ahead of the latest interest rate decision from the Bank of Canada (BoC). With the markets pricing in another unchanged policy rate. Expectations that the central bank will keep the rate at...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps amid Surprise RBA Rate Hike

6 Jun 2023 at 3 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps amid Surprise RBA Rate Hike

Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps amid Surprise RBA Rate Hike The Pound Australian Dollar (GBP/AUD) exchange rate cratered on Tuesday, following a surprise interest rate hike from the Reserve Bank of Australia (RBA). At the time of writing, GBP/AUD traded at around AU$1.8639, a fall of just under 0.9% from...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavered on Stuttering UK Retail Sector

6 Jun 2023 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered on Stuttering UK Retail Sector

Pound (GBP) Underpinned by Elevated Rate Hike Bets The Pound (GBP) started the day on the back foot as the British Retail Consortium (BRC) reported underwhelming retail sales growth. The BRC revealed that sales had only risen by 3.7% on a yearly basis, compared to last month’s 5.2% growth YoY in March. Despite still climbing, it...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Slipped amid Improving Chinese Recovery

5 Jun 2023 at 10 AM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Slipped amid Improving Chinese Recovery

Australian Dollar (AUD) Underpinned by Strong Chinese Rebound The Australian Dollar (AUD) found some moderate strength to open the week after it was revealed China reported better-than-expected services PMI. Against expectations of 55, the service sector jumped to 57.1, marking the fifth straight month of expansion. The reading also...

CATEGORIES: Pound Australian Dollar Forecasts

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