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American Dollar Forecast Directory - Page #158

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

Why is the Pound to US Dollar Exchange Rate at an All-Time-Low

26 Sep 2022 at 12 PM - Written by John Cameron

STORY LINK Why is the Pound to US Dollar Exchange Rate at an All-Time-Low

The Pound exchange rates hit record lows on Monday as UK Chancellor Kwasi Kwarteng pledged to pursue further tax cuts on Sunday. At time of writing the Pound traded at around $ 1.0755 against the US Dollar, roughly down 0.9% from Monday’s opening levels. Pound Exchange Rates Crash as Further Tax Cuts Displease GBP Investors The...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Crashed to 37-Year Lows after UK Tax Cuts

23 Sep 2022 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Crashed to 37-Year Lows after UK Tax Cuts

Pound (GBP) Sunk on Mounting Fears of Out-of-Control Borrowing The Pound (GBP) plummeted against its peers on Friday in the wake of the Chancellor of the Exchequer Kwasi Kwarteng unveiling his expansive and sweeping tax cut plans to promote economic growth. Despite announcing extensive tax cuts across the board, the biggest tax event...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Volatile amid BoE Decision

22 Sep 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Volatile amid BoE Decision

h2>GBP/AUD Exchange Rate Volatile as BoE Raises Rates The Pound to Australian Dollar (GBP/AUD) exchange rate traded sideways overall on Thursday after fluctuating during opening trade, as GBP investors adjusted to the Bank of England’s (BoE) rate hike decision. At the time of writing the GBP/AUD exchange rate traded at around...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Energy Support for UK Businesses

21 Sep 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Energy Support for UK Businesses

Pound (GBP) Fluctuated on Business Support Package The Pound (GBP) struggled to find much demand on Wednesday after the UK government announced its plans to support firms with energy bills. Two weeks after Prime Minister Liz Truss confirmed the energy bill price cap for households, a six-month plan to halve gas and electricity prices for...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavered amid Cautious Market Ahead of Key Rate Decisions

20 Sep 2022 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered amid Cautious Market Ahead of Key Rate Decisions

Pound (GBP) Subdued Ahead of BoE Rate Decision The Pound (GBP) remained quiet on Tuesday after the long weekend due to the Queen’s funeral. With the postponed Bank of England (BoE) interest rate decision being pushed back to this week, markets are waiting by the sidelines. With inflation still sitting at five times the central...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Slumped amid Poor UK Retail Sales

16 Sep 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Slumped amid Poor UK Retail Sales

Pound (GBP) Under Renewed Pressure as Retail Sales Tumbled The Pound (GBP) slumped on Friday in the wake of worse-than-expected retail sales for the month of August. Retail sales printed at -1.6%, versus an expected 0.5% drop. Missing forecasts by a substantial amount, the fall in economic activity is troubling. Excluding fuel prices,...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Softened on Waning Global Market Sentiment

15 Sep 2022 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Softened on Waning Global Market Sentiment

Pound (GBP) Under Renewed Pressure amid Persisting Cost-of-Living Crisis The Pound (GBP) failed to find much demand amid a quiet day when the Bank of England (BoE) interest rate decision was due. After the buoyant mood in the wake of softening inflation, the Pound came under renewed pressure on Thursday as inflationary pressures still...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Surged as UK Inflation Softened

14 Sep 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Surged as UK Inflation Softened

Pound (GBP) Strengthened as Inflation Eased The Pound (GBP) enjoyed moderate success against its major rivals on Wednesday as CPI reading for August fell below expectations and hit 9.9%. Despite inflation remaining close to 40-year high, the cost-of-living eased slightly as tumbling fuel prices finally reached the consumer. Expectations...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Mixed UK Jobs Data

13 Sep 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Mixed UK Jobs Data

Pound (GBP) Fluctuated on Mixed Employment Data The Pound (GBP) enjoyed mixed success against its peers on Tuesday as jobs data printed, giving early hints that the labour market pressures could be finally easing. The unemployment rate fell further than forecasts as it fell to a 48-year low of 3.6%. With expectations of 3.8%, held for...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/AUD Trades Following Mixed UK Jobs Data

13 Sep 2022 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/AUD Trades Following Mixed UK Jobs Data

GBP/AUD Exchange Rate Muted Following UK Employment Figures The Pound to Australian Dollar (GBP/AUD) exchange rate was directionless during early morning trade on Tuesday underpinned by poor domestic headlines. At time of writing the GBP/AUD exchange rate traded at around $1.6967, barely changed from Tuesday’s opening level....

CATEGORIES: Pound Australian Dollar Forecasts

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