Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #143

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 UK Economy Stagnates

13 Apr 2023 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as UK Economy Stagnates The Pound Australian Dollar (GBP/AUD) exchange rate weakened during Thursday’s session, as the UK’s economy was seen to have stagnated during February. Furthermore, upbeat labour market data in Australia increased rate hike bets amongst AUD investors,...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by US Inflation Slowdown

12 Apr 2023 at 4 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Buoyed by US Inflation Data The Pound US Dollar (GBP/USD) exchange rate rose on Wednesday. The pairing found support from evidence of a slowdown in US inflation, as well as a risk-on mood. GBP/USD’s gains were capped by stubbornly high US core inflation, however. At time of writing the...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Firmed amid as UK Retail Sales Continue to Strengthen

11 Apr 2023 at 12 PM - Written by John Cameron

Pound (GBP) Bolstered by Strengthening Retail Sector The Pound (GBP) found renewed strength against most of its peers on Tuesday morning in the wake of stronger-than-expected retail sales figures. The British Retail Consortium (BRC) published the latest retail sales monitor data, showing that sales climbed by 4.9% YoY compared to March of...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Edges Lower amid Lack of UK Data

5 Apr 2023 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Edges Lower amid Lack of UK Data The Pound US Dollar (GBP/USD) exchange rate traded in limited bounds during Wednesday’s morning session, as a lack of clear drivers kept GBP limited. At the time of writing, GBP/USD traded at around US$1.2477, showing little movement from Wednesday’s opening...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Climbed Despite OPEC Announcing Crude Oil Production Cuts

3 Apr 2023 at 3 PM - Written by John Cameron

US Dollar (USD) Supported by OPEC Production Cuts The US Dollar (USD) came under increased selling pressure on Monday despite the increasingly cautious market mood in the wake of the Organisation of the Petroleum Exporting Countries (OPEC+) decision to cut the production of crude oil. In a move that sent shockwaves through the markets,...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Forecasts of UK Growth

30 Mar 2023 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Lifted by Upbeat Forecasts for UK Economy The Pound US Dollar (GBP/USD) exchange rate rose on Thursday. The pairing hovered around eight-week highs over the course of the day. The exchange rate was boosted by positive forecasts for the UK economy, as well as hints of further rate hikes from...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Lack of Data

29 Mar 2023 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Lack of Data The Pound US Dollar (GBP/USD) exchange rate lacked direction on Wednesday, as a lack of data left GBP muted against most peers. At the time of writing, GBP/USD traded at around US$1.2341, showing little movement from Wednesday’s opening rates. Pound (GBP) Muted...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Muted as UK Food Inflation Hits 18 Year High

28 Mar 2023 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Muted as UK Food Inflation Hits 18 Year High The Pound US Dollar (GBP/USD) exchange rate narrowed during Tuesday’s session, as soaring inflation kept Sterling’s appeal low. At the time of writing, GBP/USD traded at around US$1.2312, showing little movement from Tuesday morning’s opening...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Optimistic Picture for UK Retail Sector

27 Mar 2023 at 4 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Rises as UK Retail Data Surprises to the Upside The Pound US Dollar (GBP/USD) exchange rate climbed on Monday amid a risk-on market mood. Optimistic UK retail sector data prompted gains in the pairing. Bets on a softer pace of rate hikes from the Federal Reserve added to GBP/USD’s upward...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Climbed as Banking Sector Fears Grow

27 Mar 2023 at 11 AM - Written by John Cameron

Pound (GBP) Limited by Ongoing Economic Outlook Fears The Pound (GBP) found moderate success against its weaker peers on Monday amid a lack of economic data. Comments from the head of the International Monetary Fund (IMF) have rocked market sentiment amid the global banking crisis. After the collapses of several banks, markets turned...

CATEGORIES: Pound Australian Dollar Forecasts