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American Dollar Forecast Directory - Page #140

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

Pound US Dollar (GBP/USD) Exchange Rate Strengthened by Bets on Fed Rate Hike Pause

1 Jun 2023 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Strengthened by Bets on Fed Rate Hike Pause

Pound US Dollar (GBP/USD) Exchange Rate Rises as Markets Pare Back Fed Bets The Pound US Dollar (GBP/USD) exchange rate climbed on Thursday. The pairing was bolstered by bets of a potential rate hike pause from the Federal Reserve. Worse-than-expected output data for the US manufacturing sector added to the exchange rate’s...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Edges Lower after Hotter-than-Forecast US Job Openings Figures

31 May 2023 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Edges Lower after Hotter-than-Forecast US Job Openings Figures

Pound US Dollar (GBP/USD) Exchange Rate Trims Gains as Job Openings Beat Forecasts The Pound US Dollar (GBP/USD) exchange rate edged lower on Wednesday. A unexpected increase in April’s US job openings increased Federal Reserve rate hike bets and pushed the pairing lower. Additionally, a pullback in global risk appetite over the...

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Wavered amid Elevated BoE Rate Hike Bets

31 May 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Wavered amid Elevated BoE Rate Hike Bets

Pound (GBP) Underpinned by Rate Hike Expectations The Pound (GBP) found modest strength against many of its peers on Wednesday despite a lack of major economic data. Elevated interest rate hike expectations could have kept Sterling supported amid the prospect of several more rate hikes in the coming months. With last week’s surprise...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Gains as US Debt Ceiling Resolution Nears

30 May 2023 at 5 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Gains as US Debt Ceiling Resolution Nears

Pound US Dollar (GBP/USD) Exchange Rate Climbs as Risk Appetite Improves The Pound US Dollar (GBP/USD) exchange rate rose on Tuesday. An improving market mood buoyed the exchange rate, although the pair’s gains were hobbled by fresh Federal Reserve rate hike bets. The pairing also found support from bets on further policy...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Narrows amid Growing Fed Caution

25 May 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Narrows amid Growing Fed Caution

Pound US Dollar (GBP/USD) Exchange Rate Narrows amid Growing Fed Caution The Pound US Dollar (GBP/USD) exchange rate traded narrowly on Thursday, as USD investors pared back bets on further tightening. At the time of writing, GBP/USD traded at around US$1.2371, showing little signs of movement from Thursday’s opening rates. US...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavered as UK Inflation Fell to 8.7%

24 May 2023 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered as UK Inflation Fell to 8.7%

Pound (GBP) Undermined by Tumbling Inflation The Pound (GBP) struggled for sustained demand on Wednesday in the wake of hotter-than-expected inflation. Against expectations of headline CPI easing to 8.2%, inflation came in at 8.7%. The Office for National Statistics (ONS) revealed inflation in the UK declined for the first time since...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs on Red Hot UK Core Inflation

24 May 2023 at 2 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs on Red Hot UK Core Inflation

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs on Red Hot UK Core Inflation The Pound Australian Dollar (GBP/AUD) exchange rate soared on Wednesday, as a shock jump in UK core inflation prompted increased interest rate hike bets. At the time of writing, GBP/AUD traded at around AU$1.8878, a rise of just under 0.6% from...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Weakened on Downbeat UK PMI Data

23 May 2023 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Weakened on Downbeat UK PMI Data

Pound (GBP) Undermined by Downbeat PMIs The Pound (GBP) struggled for demand on Tuesday as the latest PMIs fell below forecasts, citing a stuttering economy during the cost-of-living crisis. Both manufacturing and service PMIs slipped below forecasts, with the former falling the most. Against expectations of a modest uptick in factory...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavered on Shifting Market Sentiment

22 May 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered on Shifting Market Sentiment

US Dollar (USD) Undermined by Debt Limit Fears The US Dollar (USD) traded sideways on Monday amid a lack of economic data. External factors appeared to influence the ‘Greenback’ as geo-politics and the ongoing debt limit negotiations concerned investors. President Joe Biden reported that relations between the US and China were...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Softened as BoE Rate Hike Bets were Pared

17 May 2023 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Softened as BoE Rate Hike Bets were Pared

Pound (GBP) Undermined by Loosening Labour Market The Pound (GBP) struggled against many of its peers on Wednesday in the wake of a speech from Bank of England (BoE) Governor Andrew Bailey. Appearing before the British Chambers of Commerce’s annual conference, Bailey admitted that the UK labour market is showing signs of moderately...

CATEGORIES: Pound Dollar Forecasts

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