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American Dollar Forecast Directory - Page #152

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

Pound US Dollar Exchange Rate News: GBP/USD Wavered on Hawkish FOMC Minutes

23 Feb 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered on Hawkish FOMC Minutes

US Dollar (USD) Bolstered by Increased Rate Hike Bets The US Dollar (USD) saw a considerable boost on Thursday after the release of the Federal Open Market Committee (FOMC) minutes from the last policy meeting. Investors were keenly waiting for the minutes for any further indication towards the Federal Reserve’s monetary policy going...

CATEGORIES: Pound Dollar Forecasts

Pound New Zealand Dollar Exchange Rate News: GBP/NZD Soured as RBNZ Raised Interest Rates by 50bps

22 Feb 2023 at 3 PM - Written by John Cameron

STORY LINK Pound New Zealand Dollar Exchange Rate News: GBP/NZD Soured as RBNZ Raised Interest Rates by 50bps

New Zealand Dollar (NZD) Buoyed as RBNZ Hikes Rates by 50bps The New Zealand Dollar (NZD) found a surge in demand on Wednesday in the wake of the Reserve Bank of New Zealand (RBNZ) raising the interest rate to 4.75%, the highest level since January 2009. The move was the 10th consecutive raise, the most aggressive tightening cycle since...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Climbed on Strong UK Retail Sales

17 Feb 2023 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Climbed on Strong UK Retail Sales

Pound (GBP) Buoyed by Strong Retail Sales The Pound (GBP) wavered initially on Friday morning in the wake of January’s retail sales, but later surged as sales far exceeded expectations. Against a forecasted second month of declining sales of -0.3%, retail figures came in at an increase of 0.5% in January. Investors were buoyed after...

CATEGORIES: Pound Dollar Forecasts

GBP/AUD News: Pound Australian Dollar Exchange Rate Stumbles as Risk-On Mood Lifts the ‘Aussie’

16 Feb 2023 at 3 PM - Written by John Cameron

STORY LINK GBP/AUD News: Pound Australian Dollar Exchange Rate Stumbles as Risk-On Mood Lifts the ‘Aussie’

After volatile trade overnight, the Pound Australian Dollar (GBP/AUD) exchange rate slipped lower on Thursday morning amid an upbeat market mood. At the time of writing, GBP/AUD was trading at around AU$1.7409, having briefly touched a high of AU$1.7493 overnight. Australian Dollar (AUD) Firms amid Risk-On Mood, despite Jobs Data...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Drops as US PPI Beats Forecasts

16 Feb 2023 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Drops as US PPI Beats Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Drops as US PPI Beats Forecasts The Pound US Dollar (GBP/USD) exchange rate fell on Thursday, following the publication of the latest US producer price index data, which came in above forecasts. At the time of writing, GBP/USD traded around US$1.978, a decline of 0.5% from Thursday’s opening...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Plunged as UK Inflation Eased to 10.1%

15 Feb 2023 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Plunged as UK Inflation Eased to 10.1%

Pound (GBP) Plummeted on Reduced Rate Hike Expectations The Pound (GBP) suffered immense selling pressure on Wednesday in the wake of softer-than-expected inflation. Against expectations of a modest softening to 10.3%, headline CPI slipped to 10.1%. Despite remaining sky-high, and far above the Bank of England’s (BoE) target rate of...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Fluctuated amid Hotter-than-Expected US Inflation

14 Feb 2023 at 5 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Fluctuated amid Hotter-than-Expected US Inflation

US Dollar (USD) Undermined by Falling Inflation The US Dollar (USD) came under heavy selling pressure in the wake of headline CPI falling for the seventh consecutive month. Against expectations of slowing to 6.2%, consumer inflation printed at 6.4%, marginally softer than December’s 6.5%. A considerable slowdown was noted with food...

CATEGORIES: Pound Dollar Forecasts

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

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