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American Dollar Forecast Directory - Page #149

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

Pound US Dollar Exchange Rate News: GBP/USD Soured as Economists Warned of Global Recession Danger

16 Jan 2023 at 1 PM - Written by John Cameron

Pound (GBP) Softened amid Mounting Economic Fears The Pound (GBP) struggled for demand on Monday morning amid a lack of economic data left Sterling exposed to a flurry of external factors. Taking a break from the usual domestic woes, Sterling looks to be under pressure from mounting fears of a global recession once more. According to...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens as UK Labour Market Cools

12 Jan 2023 at 3 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens as UK Labour Market Shows Signs of Cooling The Pound Australian Dollar (GBP/AUD) exchange rate weakened on Thursday, as the UK’s labour market showed signs of beginning to cool down. At the time of writing, GBP/AUD traded at around AU$1.7515, a decline of roughly 0.5% from...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Climbed as US Inflation Fell

12 Jan 2023 at 2 PM - Written by John Cameron

US Dollar (USD) Slipped along with US Inflation The US Dollar (USD) fell as headline inflation softened in line with expectations. Annualised CPI fell for the sixth straight month to 6.5%, the lowest level since October 2021. Despite a welcome softening of inflation to the rest of the market, USD investors could be feeling disheartened...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Fluctuated amid UK Housing Market Slowdown

11 Jan 2023 at 11 AM - Written by John Cameron

Pound (GBP) Subdued amid Ever-Downbeat Domestic Issues The Pound (GBP) once again struggled for demand in a week relatively devoid of economic data. Leaving Sterling vulnerable to domestic woes, the UK’s largest house builder compounded those issues with a stark warning. As mortgage approvals continue to slide, along with house...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens as UK Economic Anxieties Intensify

11 Jan 2023 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Stumbles as UK Economic Anxieties Flare The Pound Australian Dollar (GBP/AUD) exchange rate fell on Wednesday, as economic anxieties in the UK continued to flare. At the time of writing, GBP/AUD traded at around AU$1.7579, a fall of 0.3% from Wednesday’s opening rates. Pound (GBP)...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Falls amid Dour UK Outlook

10 Jan 2023 at 12 PM - Written by John Cameron

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

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Wavered amid Oil Price Rally

9 Jan 2023 at 3 PM - Written by John Cameron

Canadian Dollar (CAD) Supported by Surging Oil Prices The Canadian Dollar (CAD) enjoyed moderate success to open the week with a spike in oil prices. The commodity-linked ‘Loonie’ saw a boost in demand as China rolled back their strict Covid measures, bolstering demand for oil. A 3% jump from the opening levels, WTI crude traded around...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Plunged as UK House Prices Tumble for Fourth Straight Month

6 Jan 2023 at 1 PM - Written by John Cameron

Pound (GBP) Undermined by Cooling Housing Market The Pound (GBP) failed to muster much strength on Friday as the latest housing price data revealed a fourth consecutive month of falling prices. Surging interest rates and the cost-of-living crisis continue to sap demand and is slowing the market considerably. Following on from a 2.4%...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Traded Erratically as UK Service Sector Contracts Again

5 Jan 2023 at 11 AM - Written by John Cameron

Pound (GBP) Undermined by Downbeat Economic Climate The Pound (GBP) struggled for demand this morning in the face of mounting industrial action and its impact on the economy, compounded by a revised lower services PMI. Sterling has spent most of the new year so far failing to muster much strength as a myriad of issues weigh on both the...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Weakens as Service Sector Contracts

5 Jan 2023 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Weakens amid Service Sector Contraction The Pound US Dollar (GBP/USD) exchange rate weakened on Thursday, as the UK’s latest service sector index was revised downward, reflecting a contraction during December. At the time of writing, GBP/USD traded at around US$1.2016, a decline of roughly...

CATEGORIES: Pound Dollar Forecasts