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American Dollar Forecast Directory - Page #156

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

Pound Canadian Dollar Exchange Rate Soars as Sunak Looks Likely to become PM

24 Oct 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate Soars as Sunak Looks Likely to become PM

Pound Canadian Dollar Soars as Markets React to UK Race for Prime Minister The Pound (GBP) strengthened dramatically against the Canadian Dollar (CAD) on Monday, as markets reacted to the UK’s race for Prime Minister. This saw the GBP/CAD exchange rate trade at around CA$1.5540, a sharp increase of around 0.8% from Monday’s...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Fluctuates as UK Hunts for Next PM

21 Oct 2022 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Fluctuates as UK Hunts for Next PM

GBP/USD Exchange Rate Volatile as PM Leadership Race Begins The Pound to US Dollar (GBP/USD) exchange rate traded in a wide range on Friday amid fresh concerns over UK politics. At time of writing the GBP/USD exchange rate traded at around $1.1206, roughly the same as Friday’s opening levels, having slumped to $1.1057 before bouncing...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips amid Poor UK Retail Data

21 Oct 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Slips amid Poor UK Retail Data

Pound Australian Dollar (GBP/AUD) Exchange Rate Plummets amid Poor UK Retail Data Friday saw the Pound (GBP) weaken against the Australian Dollar (AUD) as September’s UK retail sales data showed a second month of decline. This saw the GBP/AUD exchange rate trade at around AU$1.7789, showing a rough decline of around 0.6%. Pound...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Climbed as Liz Truss’ Steps Down

20 Oct 2022 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Climbed as Liz Truss’ Steps Down

Pound (GBP) Recovered as PM Liz Truss Resigns The Pound (GBP) failed to muster much support on Thursday in the wake of a turbulent day in Westminster on Wednesday. Home Secretary Suella Braverman followed Kwasi Kwarteng in leaving Liz Truss’ cabinet after just 43 days in office. Braverman was forced to resign and in her resignation...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Drops as UK Inflation Hits 10.1%

19 Oct 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Drops as UK Inflation Hits 10.1%

GBP/AUD Exchange Rate Slips as UK inflation Hits 40-Year High The Pound to Australian Dollar (GBP/AUD) exchange rate was struggling for support on Wednesday as UK inflation figures printed hotter-than-expected. At time of writing the GBP/AUD exchange rate traded around $1.7883, which was down roughly 0.4% from Wednesday’s opening...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Drops as UK Political Volatility Continues

18 Oct 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Drops as UK Political Volatility Continues

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls amid UK Political Uncertainty The Pound (GBP) saw a drop against the Australian Dollar (AUD) on Tuesday, as UK governmental volatility undermines the pairing. This saw the GBP/AUD exchange rate dip to around AU$1.7970, showing a fall of roughly 0.3% Pound (GBP) Cracks as...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Climbed on Mini-Budget Defenestration

17 Oct 2022 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Climbed on Mini-Budget Defenestration

Pound (GBP) Recovered Modestly on Tax Measure Reversals The Pound (GBP) remained buoyant after Chancellor Jeremy Hunt’s scrapping of most of the unfunded tax cuts in the mini-budget. Hunt replaced Kwasi Kwarteng as Chancellor on Friday, resulting in Kwarteng now the second shortest-lived Chancellor, having only held the position for 36...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Drops amid Speculation of Mini-Budget U-Turns

14 Oct 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Drops amid Speculation of Mini-Budget U-Turns

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Markets Cool as U-Turn Rumours Swirl The Pound Australian Dollar (GBP/AUD) exchange rate slipped on Friday, as investors held back while waiting on an anticipated U-turn from the UK government regarding their ‘controversial’ mini-budget. The GBP/AUD exchange rate traded at...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Soars amid More Mini-Budget U-Turn Expectations

13 Oct 2022 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Soars amid More Mini-Budget U-Turn Expectations

GBP/USD Exchange Rate Firms as GBP Investors Latch on to Government Discussions The Pound to US Dollar (GBP/USD) exchange rate was strengthening on Thursday as it came to light that ‘active’ discussions were being had about scrapping parts of the UK mini-budget. At time of writing the GBP/USD exchange rate traded at around...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Traded Erratically on UK’s Economic Instability

11 Oct 2022 at 2 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Traded Erratically on UK’s Economic Instability

Pound (GBP) Muted amid Unconvincing ‘Trussonomics’ The Pound (GBP) failed to muster up much support on Tuesday amid turbulent trading conditions. The Bank of England (BoE) opted to intervene for the second time this week as pension funds call for further assistance. After the mini-budget market meltdown that saw the central bank...

CATEGORIES: Pound Australian Dollar Forecasts

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