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American Dollar Forecast Directory - Page #150

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

Pound Canadian Dollar Exchange Rate News: GBP/CAD Soured as UK Food Inflation Hits Record Highs

4 Jan 2023 at 2 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Soured as UK Food Inflation Hits Record Highs

Pound (GBP) Pressured by Living Cost Squeeze Intensifies The Pound (GBP) languished on Wednesday as food inflation hits a fresh record high and consumer borrowing increased. The British Retail Consortium (BRC) reported food inflation soaring to a new record level of 13.3% in December. Following on from a 12.4% increase in November,...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Soars as Risk-On Market Mood Sinks Greenback

4 Jan 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Soars as Risk-On Market Mood Sinks Greenback

Pound US Dollar (GBP/USD) Exchange Rate Rallies as Risk-On Trade Wounds USD The Pound US Dollar (GBP/USD) exchange rate soared on Wednesday, as healthy risk appetite across the session saw the safe-haven US Dollar weaken against most major peers. At the time of writing, GBP/USD traded at around US$1.2055, an increase of roughly 0.7%...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened Despite Souring Global Economic Fears

3 Jan 2023 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened Despite Souring Global Economic Fears

Pound (GBP) Rallied Despite Persistent Domestic Headwinds The Pound (GBP) found some moderate strength against its weaker and more risk-sensitive rivals on Tuesday despite mounting economic concerns for the UK. The International Monetary Fund (IMF) presented a stark warning for the global economy, and economists have expressed grave...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Signs of Cooler US Labour Market

29 Dec 2022 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Signs of Cooler US Labour Market

Pound US Dollar (GBP/USD) Exchange Rate Rises amid Risk-On Impulse The Pound US Dollar (GBP/USD) exchange rate climbed on Thursday. A risk-on impulse pushed the currency pair higher. Additionally, the latest US jobless claims figures prompted a mild pullback in bets of further interest rate hikes from the Federal Reserve. This also...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Soared Despite Sweeping UK Industrial Action

28 Dec 2022 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Soared Despite Sweeping UK Industrial Action

Pound (GBP) Strengthened Despite Overwhelming Strike Action The Pound (GBP) strengthened considerably against the US Dollar on Wednesday, despite sweeping industrial action weighing on the UK economy. Border Force have resumed strike action along with railway workers after the festive period. Travel delays are to be expected as passport...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Climbs amid Signs of Cooling US Inflation

23 Dec 2022 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Climbs amid Signs of Cooling US Inflation

Pound US Dollar (GBP/USD) Exchange Rate Boosted by Risk-On Mood The Pound US Dollar (GBP/USD) exchange rate rose on Friday. A risk-on market mood bolstered the currency pair despite a lack of UK data. Poor US data releases also weighed on GBP/USD. Poor durable goods figures and evidence of cooling inflation saw investors pare back...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound as Investors Focus on UK Headlines

20 Dec 2022 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rangebound as Investors Focus on UK Headlines

Pound US Dollar (GBP/USD) Narrows as UK Industrial Action Continues The Pound (GBP) was rudderless against the US Dollar on Tuesday, as domestic headlines in the UK remained the focus for investors amidst a lack of impactful economic data. At the time of writing, GBP/USD traded at around US$1.2161, showing little movement from...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered as UK Recession Fears Weighed Heavy

19 Dec 2022 at 10 AM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered as UK Recession Fears Weighed Heavy

Pound (GBP) Under Pressure from Relentless Domestic Headwinds The Pound (GBP) struggled for much demand on Monday in the face of a quiet data calendar. Numerous economic challenges look set to keep a firm lid on Sterling gains as the cost-of-living crisis and industrial action weigh heavy. Retail analysts are warning of a subdued end...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Plummeted as BoE Hikes Rates to 3.5%

16 Dec 2022 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Plummeted as BoE Hikes Rates to 3.5%

Pound (GBP) Tumbled after BoE Hiked the Cash Rate to 3.5% The Pound (GBP) sank on Thursday in the wake of the Bank of England (BoE) raising interest rates by an expected 50bps. Despite meeting expectations of a half percent rise, the ever-gloomy economic climate failed to lift investors. Without an accompanying statement from the BoE...

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Muted amid On-Going Strike Action

16 Dec 2022 at 10 AM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Muted amid On-Going Strike Action

GBP/CAD Exchange Rate Under Pressure as UK Strike Action Persists The Pound to Canadian Dollar (GBP/CAD) exchange rate traded narrowly on Friday amid concerns over the economic disruption being caused by the ongoing industrial action in the UK. At time of writing the GBP/CAD exchange rate traded at around CA$1.6604, which was...

CATEGORIES: Pound Canadian Dollar Forecasts

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