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American Dollar Forecast Directory - Page #148

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

Pound US Dollar Exchange Rate News: GBP/USD Weakened on Fears over UK Economic Growth Plans

27 Jan 2023 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Weakened on Fears over UK Economic Growth Plans

Pound (GBP) Slipped on Economic Growth Concerns The Pound (GBP) struggled for demand on Friday amid a lack of economic data. An uninspiring speech from Chancellor Jeremy Hunt failed to inspire confidence ahead of the interest rate decision from the Bank of England (BoE) next week. With economists and analysts predicting a torrid year...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps amid Further Evidence of UK Retail Downturn

26 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps amid Further Evidence of UK Retail Downturn

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides after UK Retail Data The Pound Australian Dollar (GBP/AUD) exchange rate slipped on Thursday. The pairing came under pressure after the latest UK retail data pointed to a sharp drop in January’s sales volumes. Additionally, the GBP/AUD exchange was pushed lower by market bets...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Soured on UK Growth Concerns

25 Jan 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Soured on UK Growth Concerns

Pound (GBP) Under Pressure from Domestic Headwinds The Pound (GBP) struggled for demand on Wednesday as a warning from the Office for Budget Responsibility (OBR) could see Chancellor Jeremy Hunt scaling back his growth plans for the UK. With government borrowing surging in December, the highest December on record, Hunt could be left...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Slips as UK Outlook Worsens

23 Jan 2023 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Slips as UK Outlook Worsens

Pound US Dollar (GBP/USD) Exchange Rate Drops amid Lack of UK Data The Pound US Dollar (GBP/USD) exchange rate slipped on Monday. The pairing was pulled lower by the UK’s downbeat outlook as well as a lack of data for the Pound (GBP). Losses for GBP/USD were limited by a more cautious stance from the Federal Reserve,...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls as RBA Rate Hike Bets Increase

23 Jan 2023 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Falls as RBA Rate Hike Bets Increase

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides as AUD Investors Anticipate CPI Data The Pound Australian Dollar (GBP/AUD) exchange rate fell on Monday, as AUD investors began to anticipate Australia’s latest CPI data. At the time of writing, GBP/AUD traded at around AU$1.7682, a decline of roughly 0.6% from Monday’s...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Slipped as UK Retail Sales Declined

20 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Slipped as UK Retail Sales Declined

Pound (GBP) Weakened amid Tumbling Retail Sales The Pound (GBP) stuttered on Friday morning as retail sales printed far worse than expected. Against expectations of a 0.5% rebound from November’s poor figure, retail sales in December declined by 1.0% MoM. Optimism surrounding the winter World Cup boosting sales were misguided as...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavered amid Bolstered Fed Rate Hike Bets

19 Jan 2023 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered amid Bolstered Fed Rate Hike Bets

US Dollar (USD) Propped up by Hawkish Fed Rhetoric The US Dollar (USD) traded with mixed success on Thursday amid a cautious market mood and further hawkish comments from the Federal Reserve. Treasury bond yields looked to slide, which could have kept the ‘Greenback’ on a tight leash. Lending some modest support, however, is...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens as Australian Labour Marker Cools

19 Jan 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens as Australian Labour Marker Cools

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as Australian Labour Marker Softens The Pound Australian Dollar (GBP/AUD) exchange rate strengthened on Thursday, as the Australian labour market showed signs of cooling. This in turn prompted investors to drastically scale back their bets for further rate hikes, causing AUD to...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Climbed Despite Underwhelming UK Jobs Data

17 Jan 2023 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Climbed Despite Underwhelming UK Jobs Data

Pound (GBP) Undermined by Mixed Employment Data The Pound (GBP) traded erratically against the US Dollar on Tuesday after a flurry of employment data failed to impress investors. Despite unemployment remaining at 3.7%, close to 50-year lows, underlying data caused reason for concern surrounding the labour market. The number of people...

CATEGORIES: Pound Dollar Forecasts

Pound Euro (GBP/EUR) Exchange Rate Bolstered by UK Jobs Data

17 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Bolstered by UK Jobs Data

Pound Euro (GBP/EUR) Exchange Rate Climbs after UK Jobs Data The Pound Euro (GBP/EUR) exchange rate rose on Tuesday. The pairing was bolstered by evidence of persistent UK wage growth which bolstered Bank of England (BoE) interest rate hike bets. The GBP/EUR exchange rate saw its gains capped by a risk-off market mood however, as...

CATEGORIES: Pound Dollar Forecasts

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