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American Dollar Forecast Directory - Page #141

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

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Investors Adjust BoE Rate Hike Bets

17 May 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Investors Adjust BoE Rate Hike Bets

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Investors Adjust BoE Rate Hike Bets The Pound Australian Dollar (GBP/AUD) exchange rate weakened during Wednesday’s European session, as investors began to readjust their bets on further tightening from the Bank of England (BoE). At the time of writing, GBP/AUD traded at...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavered on Softer-than-Expected UK Employment Data

16 May 2023 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered on Softer-than-Expected UK Employment Data

Pound (GBP) Undermined by Cooling Labour Market The Pound (GBP) struggled for a clear direction on Tuesday in the wake of the latest employment data for the UK. The Office for National Statistics (ONS) revealed that unemployment unexpectedly rose, and payroll numbers slipped. Wage growth also surprised to the downside as pay continues...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Climbs amid Upbeat UK Forecasts

15 May 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Climbs amid Upbeat UK Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Climbs amid Upbeat UK Forecasts The Pound US Dollar (GBP/USD) exchange rate strengthened on Monday, following reports that the UK economy may avoid recession in 2023. At the time of writing, GBP/USD traded at around US$1.2506, an increase of just under 0.5% from Monday’s opening rates. ...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Firms as UK Dodges Recession

12 May 2023 at 2 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Firms as UK Dodges Recession

Pound Australian Dollar (GBP/AUD) Exchange Rate Firms as UK Dodges Recession The Pound Australian Dollar (GBP/AUD) exchange rate firmed on Friday, as the UK was found to have avoided a recession in Q1. At the time of writing, GBP/AUD traded at around AU$1.8715, a rise of roughly 0.2% from Friday’s opening rates. Pound (GBP)...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Fluctuated as UK Economy Contracted

12 May 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Fluctuated as UK Economy Contracted

Pound (GBP) Undermined by Shaky Economic Growth The Pound (GBP) failed to find a clear direction on Friday in the wake of mixed GDP growth data. A surprise monthly contraction offset a mild quarterly expansion as the UK economy continues to battle the cost-of-living crisis. The Office for National Statistics (ONS) reported that the UK...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Slips as BoE Signals Inflation set to Cool

11 May 2023 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Slips as BoE Signals Inflation set to Cool

Pound US Dollar (GBP/USD) Exchange Rate Tumbles Following BoE Interest Rate Decision The Pound US Dollar (GBP/USD) exchange rate slumped on Thursday. The pairing was pulled lower by signals of cooling UK inflation from Bank of England (BoE) Governor Andrew Bailey following the central bank’s interest rate decision. The exchange rate...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Rangebound Ahead of US Inflation Data

10 May 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Rangebound Ahead of US Inflation Data

US Dollar (USD) Choppy Ahead of Crucial Inflation Data The US Dollar (USD) endured mixed trading conditions on Wednesday as investors move to the sidelines in anticipation of key headline CPI data. With inflation set to remain unchanged at 5% after nine consecutive months of cooling CPI readings, a softer-than-expected reading could...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows amid Downbeat Market Mood

10 May 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows amid Downbeat Market Mood

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows amid Downbeat Market Mood The Pound Australian Dollar (GBP/AUD) exchange rate traded in narrow boundaries during Wednesday’s European session, as a bearish market mood sapped sentiment towards both currencies. At the time of writing, GBP/AUD traded at around AU$1.8675, showing...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Fluctuated as Strong UK Retail Sales Offset by Souring Market Mood

9 May 2023 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Fluctuated as Strong UK Retail Sales Offset by Souring Market Mood

Pound (GBP) Supported by Strong Retail Growth The Pound (GBP) found itself climbing against many of its peers on Tuesday in the wake of stronger-than-expected retail sales figures from the British Retail Consortium (BRC). Against expectations of a 4.9% YoY increase in April, figures showed sales increased 5.2% compared to April last...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens amid Hawkish RBA Rhetoric

5 May 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens amid Hawkish RBA Rhetoric

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens amid Hawkish RBA Rhetoric The Pound Australian Dollar (GBP/AUD) exchange rate weakened on Friday, as a hawkish statement from the Reserve Bank of Australia (RBA) prompted elevated rate hike bets. At the time of writing, GBP/AUD traded at around AU$1.8742, a fall of around 0.3%...

CATEGORIES: Pound Australian Dollar Forecasts

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