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American Dollar Forecast Directory - Page #147

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

Pound US Dollar Exchange Rate News: GBP/USD Traded Erratically as UK Narrowly Avoids Recession

10 Feb 2023 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Traded Erratically as UK Narrowly Avoids Recession

Pound (GBP) Undermined by Concerning Economic Outlook The Pound (GBP) traded erratically on Friday morning after GDP growth data confirmed market expectations and stagnated in the fourth quarter. Despite avoiding a recession, which lent some support to Sterling, the fragility of the UK economy remains. The Office for National Statistics...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Rallied on Pared Fed Rate Hike Bets

9 Feb 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Rallied on Pared Fed Rate Hike Bets

US Dollar (USD) Undermined on Receding Rate Hike Bets The US Dollar (USD) lost steam on Thursday as Federal Reserve interest rate bets continued to retreat. Despite hawkish rhetoric from several Fed policymakers on Wednesday, USD investors, and the wider market, remain uncertain on the central bank’s monetary policy going forward....

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows as BoE Reiterates Need to Cut Inflation

9 Feb 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows as BoE Reiterates Need to Cut Inflation

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows as BoE Reiterates Need to Cut Inflation The Pound Australian Dollar (GBP/AUD) narrowed on Thursday morning, as the Bank of England (BoE) Governor Andrew Bailey reiterated the need to curb inflation. At the time of writing, GBP/AUD traded at around AU$1.7391, showing little...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs amid Optimistic Forecasts for UK Economy

8 Feb 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs amid Optimistic Forecasts for UK Economy

Pound Australian Dollar (GBP/AUD) Exchange Rate Bolstered by Optimistic UK Forecasts The Pound Australian Dollar (GBP/AUD) exchange rate rose on Wednesday. The pairing found support from upbeat forecasts for the UK economy, as well as some hawkish comments from Bank of England (BoE) policymakers. A return of global risk appetite...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Strengthened on Hopes of Easing US Inflation

8 Feb 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Strengthened on Hopes of Easing US Inflation

US Dollar (USD) Soured by Dovish Fed Speech The US Dollar (USD) struggled for demand on Wednesday as a speech from Federal Reserve Chair Jerome Powell poured cold water on hopes for a continued aggressive monetary policy. In the wake of stronger-than-expected labour market data last week, the wider market braced for a hawkish speech...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Plunged amid Strengthening US Jobs Market

3 Feb 2023 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Plunged amid Strengthening US Jobs Market

US Dollar (USD) Buoyed by Strong Labour Market Data The US Dollar (USD) enjoyed a strong recovery from earlier in the day on Friday as the latest labour market data printed. Non-farm payrolls exceeded forecasts and followed the strong increase from the previous month as the US economy added more jobs than expected. Meanwhile, the...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips amid Signs of Improvement in Chinese Economy

1 Feb 2023 at 4 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Slips amid Signs of Improvement in Chinese Economy

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls Despite Cautious Market Mood The Pound Australian Dollar (GBP/AUD) exchange rate fell on Wednesday. Signs of poor performance in the UK’s manufacturing sector pushed the pairing lower. Additionally, signs of improvement in China’s economy also prompted losses in...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Traded Erratically ahead of Fed Rate Decision

1 Feb 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Traded Erratically ahead of Fed Rate Decision

US Dollar (USD) Quiet as Investors Wait on the Sidelines The US Dollar (USD) remained fairly subdued as investors move to the sidelines in anticipation of the Federal Reserve interest rate decision on Wednesday evening. In the meantime, labour market data could influence proceedings. JOLT job openings and the employment change could...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound Despite Persistent BoE Rate Hike Bets

30 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rangebound Despite Persistent BoE Rate Hike Bets

Pound US Dollar (GBP/USD) Exchange Rate Trades Narrowly as Market Mood Turns Cautious The Pound US Dollar (GBP/USD) exchange rate traded within a narrow range on Monday. Bank of England (BoE) rate hike bets lent support to the pairing. On the other hand, a cautious market mood kept GBP/USD trending sideways. At time of writing...

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Firms as Investors Anticipate BoE Decision

30 Jan 2023 at 10 AM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Firms as Investors Anticipate BoE Decision

Pound Canadian Dollar (GBP/CAD) Exchange Rate Strengths as Investors Anticipate BoE Decision The Pound Canadian Dollar (GBP/CAD) exchange rate strengthened on Monday morning, as rate hike bets from GBP investors underpinned Sterling. At the time of writing, GBP/CAD traded at around CA$1.6537, an increase of roughly 0.2% from...

CATEGORIES: Pound Canadian Dollar Forecasts

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