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American Dollar Forecast Directory - Page #154

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

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

23 Jan 2023 at 2 PM - Written by John Cameron

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

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

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

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

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

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

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

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