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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 US Dollar (GBP/USD) Exchange Rate Bolstered by Signs of Cooler US Labour Market

29 Dec 2022 at 4 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Rises amid Risk-On Impulse The Pound US Dollar (GBP/USD) exchange rate climbed on Thursday. A risk-on impulse pushed the currency pair higher. Additionally, the latest US jobless claims figures prompted a mild pullback in bets of further interest rate hikes from the Federal Reserve. This also...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Soared Despite Sweeping UK Industrial Action

28 Dec 2022 at 4 PM - Written by John Cameron

Pound (GBP) Strengthened Despite Overwhelming Strike Action The Pound (GBP) strengthened considerably against the US Dollar on Wednesday, despite sweeping industrial action weighing on the UK economy. Border Force have resumed strike action along with railway workers after the festive period. Travel delays are to be expected as passport...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Climbs amid Signs of Cooling US Inflation

23 Dec 2022 at 2 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Boosted by Risk-On Mood The Pound US Dollar (GBP/USD) exchange rate rose on Friday. A risk-on market mood bolstered the currency pair despite a lack of UK data. Poor US data releases also weighed on GBP/USD. Poor durable goods figures and evidence of cooling inflation saw investors pare back...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound as Investors Focus on UK Headlines

20 Dec 2022 at 3 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Narrows as UK Industrial Action Continues The Pound (GBP) was rudderless against the US Dollar on Tuesday, as domestic headlines in the UK remained the focus for investors amidst a lack of impactful economic data. At the time of writing, GBP/USD traded at around US$1.2161, showing little movement from...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered as UK Recession Fears Weighed Heavy

19 Dec 2022 at 10 AM - Written by John Cameron

Pound (GBP) Under Pressure from Relentless Domestic Headwinds The Pound (GBP) struggled for much demand on Monday in the face of a quiet data calendar. Numerous economic challenges look set to keep a firm lid on Sterling gains as the cost-of-living crisis and industrial action weigh heavy. Retail analysts are warning of a subdued end...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Plummeted as BoE Hikes Rates to 3.5%

16 Dec 2022 at 2 PM - Written by John Cameron

Pound (GBP) Tumbled after BoE Hiked the Cash Rate to 3.5% The Pound (GBP) sank on Thursday in the wake of the Bank of England (BoE) raising interest rates by an expected 50bps. Despite meeting expectations of a half percent rise, the ever-gloomy economic climate failed to lift investors. Without an accompanying statement from the BoE...

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Muted amid On-Going Strike Action

16 Dec 2022 at 10 AM - Written by John Cameron

GBP/CAD Exchange Rate Under Pressure as UK Strike Action Persists The Pound to Canadian Dollar (GBP/CAD) exchange rate traded narrowly on Friday amid concerns over the economic disruption being caused by the ongoing industrial action in the UK. At time of writing the GBP/CAD exchange rate traded at around CA$1.6604, which was...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Climbs Despite Slip in UK Inflation

14 Dec 2022 at 2 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Rises amid Risk-On Mood The Pound US Dollar (GBP/USD) exchange rate climbed on Wednesday. The currency pair was bolstered by expectations of a 50bps interest rate hike from the Bank of England (BoE) later this week. GBP/USD saw its gains capped amid a pullback in risk appetite, however. At...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Climbs as USD Investors Become Cautious

13 Dec 2022 at 12 PM - Written by John Cameron

GBP/USD Exchange Rate Wavers Higher as US awaits CPI Report The Pound to US Dollar (GBP/USD) exchange rate fluctuated higher on Tuesday, as investors awaited key US inflation data. At time of writing the GBP/USD exchange rate traded at around $1.22964, which was roughly up 0.2% from Tuesday’s opening levels. US Dollar (USD)...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Firmed as UK Economy Expands Better than Expected

12 Dec 2022 at 1 PM - Written by John Cameron

Pound (GBP) Rallied as GDP Grew 0.5% in October The Pound (GBP) found moderate success against many of its peers on Monday in the wake of better-than-expected GDP growth data. Against expectations of a 0.4% increase, the economy grew by 0.5% instead. Bouncing back from a poor September where the economy contracted by 0.6%, UK GDP...

CATEGORIES: Pound Australian Dollar Forecasts