Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #154

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

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered ahead of Crucial Week for Key UK Data

14 Nov 2022 at 1 PM - Written by John Cameron

Pound (GBP) Quiet ahead of Autumn Statement The Pound (GBP) remained relatively muted on Monday morning as investors await a busy week of macro data. With inflation reading, employment data, and the autumn statement all coming up, Sterling faces a tumultuous week. A lack of major data to start the week off left the Pound open to...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Drops as UK Economy Contracts

11 Nov 2022 at 12 PM - Written by John Cameron

GBP/EUR Exchange Rate Weakens amid UK’s Gloomy Economic Outlook The Pound to Euro (GBP/EUR) exchange rate fell on Friday, weighed down by the UK’s quarterly GDP report. At time of writing the GBP/EUR exchange rate traded at around €1.1433, which was roughly down 0.3% from Friday’s opening rate. Pound (GBP) Dragged Down by...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Climbs Despite Shrinking UK Economy

11 Nov 2022 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Climbs Regardless of Faltering UK Economy The Pound US Dollar (GBP/USD) exchange rate on Friday, despite the latest UK GDP release showing a contraction in economic growth. As such, the GBP/USD exchange rate rose to around US$1.1730 at the time of writing, an increase of roughly 0.3% from...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Propped up British-Irish Summit Meeting

10 Nov 2022 at 11 AM - Written by John Cameron

GBP/AUD Exchange Rate Strengthens amid Brexit Hops The Pound to Australian Dollar (GBP/AUD) exchange rate firmed on Thursday amid hopes UK Prime Minister Rishi Sunak attendance of the British-Irish summit could help to ease Brexit tensions. At time of writing the GBP/AUD exchange rate traded at around AU$1.7799, which was up roughly...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Plummets as UK Recession Arrives

9 Nov 2022 at 2 PM - Written by John Cameron

GBP/AUD Exchange Rate Dives as Investors Focus on UK Retail Struggles The Pound to Australian Dollar (GBP/AUD) exchange rate dropped on Wednesday as major UK retailers began reporting drops in sales and profits. At time of writing, the GBP/AUD exchange rate traded at around AU$1.7646, which was down roughly 0.5% from Wednesday’s...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Plummeted amid Midterm Election Drama

9 Nov 2022 at 1 PM - Written by John Cameron

US Dollar (USD) Soared as ‘Red Wave’ Fails to Materialise The US Dollar (USD) is experiencing mixed success on Tuesday as the market remained relatively muted as the results of the midterm elections continue to trickle through. As millions of Americans cast their vote in what is essentially a referendum on how President Joe Biden is...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides as UK Recession Confirmed

8 Nov 2022 at 1 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Drops as BoE Confirms UK Recession. The Pound Australian Dollar (GBP/AUD) exchange rate dropped sharply on Tuesday, as Bank of England (BoE) confirmed that the UK had entered a recession. The gloomy news prompted GBP/AUD to fall to around AU$1.7665 at the time of writing, a drop of...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Drops as Tepid Market Mood Prevails

8 Nov 2022 at 11 AM - Written by John Cameron

GBP/USD Exchange Rate Under Pressure Preceding US Elections The Pound to US Dollar (GBP/USD) exchange rate fell on Tuesday as a lukewarm market mood saw investors favour the more stable US Dollar (USD). At time of writing the GBP/USD exchange rate traded at around $1.1455 roughly down 0.5% from Tuesday’s opening levels. US Dollar...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Recovers from Post-BoE Lows

7 Nov 2022 at 11 AM - Written by John Cameron

GBP/AUD Exchange Rate Soars as Investors Adjust for a Fresh Week The Pound to Australian Dollar (GBP/AUD) exchange rate was strengthening on Monday as investors rushed to reinvest in the Pound (GBP). At time of writing the GBP/AUD exchange rate traded at around $1.7703, up roughly 0.7% from Monday’s opening levels. Pound (GBP)...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Plummets amid Hawkish RBA Rhetoric

4 Nov 2022 at 3 PM - Written by John Cameron

GBP/AUD Exchange Rate Cascades Downward in Wake of RBA Statement The Pound to Australian Dollar (GBP/AUD) exchange rate tumbled on Friday in response to the Reserve Bank of Australia’s (RBA) quarterly monetary policy statement. At time of writing the GBP/AUD exchange rate traded at around AU$1.7506, which was roughly down 1.5% from...

CATEGORIES: Pound Australian Dollar Forecasts