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American Dollar Forecast Directory - Page #145

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

Title: Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened after UK Economy Rebounds

10 Mar 2023 at 4 PM - Written by John Cameron

STORY LINK Title: Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened after UK Economy Rebounds

Pound (GBP) Buoyed by Rebounding UK Economy The Pound (GBP) surged on a better-than-expected economic recovery in January. Despite a marginal improvement over an expected 0.1% increase, GDP expanded by 0.3% after a woeful 0.5% contraction in December. The cost-of-living crisis and industrial action weighed heavily in December, and the...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Rallies as Investors Buy the Dip

9 Mar 2023 at 2 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Rallies as Investors Buy the Dip

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows as Investors Buy the Dip The Pound Australian Dollar (GBP/AUD) exchange rate narrowed on Thursday, as investors moved to invest in more risk sensitive currencies. At the time of writing, GBP/AUD traded at around AU$1.7988, showing little movement from Thursday’s opening...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Dovish RBA Warning of Rate Hike Pauses

8 Mar 2023 at 2 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Dovish RBA Warning of Rate Hike Pauses

Australian Dollar (AUD) Softened on Dovish RBA Rate Hike Expectations The Australian Dollar (AUD) struggled for demand on Wednesday as the Reserve Bank of Australia (RBA) conceded that it was now closer to pausing its aggressive cycle of interest rate increases. In a speech in Sydney, RBA Governor Philip Lowe poured cold water on any...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Elevated Fed Rate Hike Bets

8 Mar 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Elevated Fed Rate Hike Bets

Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Elevated Fed Rate Hike Bets The Pound US Dollar (GBP/USD) exchange rate traded flatly on Wednesday morning, as the US Dollar held onto it’s post-Powell gains. At the time of writing, GBP/USD traded at around US$1.1843, showing little movement from Wednesday’s morning...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Surged as RBA Claims Inflation has Peaked

7 Mar 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Surged as RBA Claims Inflation has Peaked

Australian Dollar (AUD) Slipped on Reduced Future Rate Hike Bets The Australian Dollar (AUD) tumbled overnight as the Reserve Bank of Australia (RBA) delivered a dovish rate hike. Despite meeting expectations of a 25bps rate hike, and a record 10th consecutive time, the accompanying statement sapped demand. With the cash rate now...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Climbed amid Cautious Chinese Economic Targets

6 Mar 2023 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Climbed amid Cautious Chinese Economic Targets

Australian Dollar (AUD) Quiet ahead of RBA Rate Decision The Australian Dollar (AUD) came under renewed pressure on Monday in the wake of China’s modest GDP growth targets. The world’s second largest economy outlined their less-than-ambitious economic targets for the year, with China targeting a 5% growth. Lower than market...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Firmed on Stronger-than-Expected UK PMIs

3 Mar 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Firmed on Stronger-than-Expected UK PMIs

Pound (GBP) Buoyed by Rebounding Service Sector The Pound (GBP) enjoyed strong gains on Friday as the final reading for services PMI printed better-than-expected. Revised higher from a 53.3 preliminary reading, services jumped to 53.5, the quickest pace of improvement in eight months. Exceeding forecasts when they first printed, the...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Slumped as US Labour Market Remains Tight

2 Mar 2023 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Slumped as US Labour Market Remains Tight

US Dollar (USD) Soared on Bolstered Rate Hike Bets The US Dollar (USD) experienced renewed strength in the wake of stronger-than-expected employment data. A cautious market mood lent considerable strength to the ‘Greenback’ earlier in the session but firmed with the release of initial jobless claims. The weekly jobless claims...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavered on Returning UK Domestic Woes

1 Mar 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered on Returning UK Domestic Woes

Pound (GBP) Undermined by Weakening Housing Market The Pound (GBP) lost its momentum from post-Brexit trade deal optimism as a flurry of domestic woes returned to the forefront. Economic data released on Wednesday morning highlighted the cost-of-living crisis that is gripping the UK economy. House prices tumbled at the fastest rate...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Gains as Markets Cheer UK-EU NI Deal

28 Feb 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Gains as Markets Cheer UK-EU NI Deal

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs amid Risk-Off Mood The Pound Australian Dollar (GBP/AUD) exchange rate made steady gains on Tuesday. An upbeat mood surrounding the UK-EU trade deal boosted the pairing. Additionally, Bank of England (BoE) rate hike bets pushed the exchange rate higher. Finally, a retreat in...

CATEGORIES: Pound Australian Dollar Forecasts

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