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American Dollar Forecast Directory - Page #155

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

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

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

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

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

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