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American Dollar Forecast Directory - Page #159

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

Pound US Dollar Exchange Rate News: GBP/USD Firmed Despite Soft UK GDP Growth

12 Sep 2022 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Firmed Despite Soft UK GDP Growth

Pound (GBP) Fluctuated on Mixed Economic Data The Pound (GBP) struggled to find much demand on Monday after GDP growth data showed a softer-than-expected expansion in the economy. GDP expanded by 0.2% MoM for July, with the service sector being behind the main driver of the economy, with a 0.4% expansion from June. Despite rebounding...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Surged on UK Energy Bill Freeze

9 Sep 2022 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Surged on UK Energy Bill Freeze

Pound (GBP) Boosted by Energy Bill Relief Plans The Pound (GBP) enjoyed rare strength against some of its rivals on Friday as Prime Minister Liz Truss’ energy bill plan has cooled investors’ fears of further economic collapse. Truss revealed her plans of an energy bill cap of two years to alleviate some of the financial burden on UK...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavered on Cost of Fiscal Stimulus Package

8 Sep 2022 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered on Cost of Fiscal Stimulus Package

Pound (GBP) Under Pressure from Imminent Energy Bill Bailout The Pound (GBP) struggled for demand on Thursday morning as Prime Minister Liz Truss announced her energy bill bailout plan, set to cost the UK economy more than £130bn. However, since Truss has ruled out windfall tax on gas and oil producers to finance the relief package,...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Plunged on Concerns Over Fiscal Policy Ramifications

7 Sep 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Plunged on Concerns Over Fiscal Policy Ramifications

Pound (GBP) Downbeat on Inflationary Impact of Energy Plans The Pound (GBP) came under renewed pressure after Bank of England (BoE) policymakers appeared cautious and somewhat guarded in their speech to parliament. Ahead of new Prime Minister Liz Truss’ announcement of the much-needed financial support, concerns are growing of how...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Rebounded on £40bn Energy Aid Package

6 Sep 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Rebounded on £40bn Energy Aid Package

Pound (GBP) Firmed on Imminent Support Package The Pound (GBP) finally regathered its strength on Tuesday as newly appointed prime minister Liz Truss announces her first course of action as Boris Johnson’s replacement. Reports of a substantial relief package aimed at businesses is set to be announced. A £40bn support package is being...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Weak as Truss is Confirmed the Next PM

5 Sep 2022 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Weak as Truss is Confirmed the Next PM

GBP/USD Exchange Rate Experiences Poor Trade During Conservative Election The Pound to US Dollar (GBP/USD) exchange rate was trading sideways throughout Monday morning as the UK awaited to usher in their next prime minister. At time of writing the GBP/USD exchange rate traded at around $1.1503. Virtually unchanged from Monday’s...

CATEGORIES: Dollar Pound Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Trades Narrowly as UK Wages Hit 20-year Low

2 Sep 2022 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Trades Narrowly as UK Wages Hit 20-year Low

GBP/USD Exchange Rate Range-Bound as Economic Concerns Deepen The Pound to US Dollar (GBP/USD) exchange rate traded in a narrow range on Friday as investors remain wary of the UK economic outlook At time of writing the GBP/USD exchange was trading around $1.1544, barely changed from Friday’s opening levels. Pound (GBP) Trading...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Crashes on Upbeat US Data, UK Economic Woes

1 Sep 2022 at 5 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Crashes on Upbeat US Data, UK Economic Woes

GBP/USD Exchange Rate Plummets on Worsening Economic Situation The Pound US Dollar (GBP/USD) exchange rate had slumped through today’s session as risk-off sentiment exerts headwinds alongside UK-specific factors such as downbeat inflation forecasts and political uncertainty. At the time of writing, GBP/USD is trading at...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Weak as UK Energy Crisis Deepens

1 Sep 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Weak as UK Energy Crisis Deepens

GBP/AUD Exchange Rate Subdued amid Recession Fears The Pound to Australian Dollar (GBP/AUD) exchange rate weakened on Thursday. The pairing has been volatile for most of the week as a bleak economic outlook weighed on the Pound. At time of writing the GBP/AUD exchange rate traded at around $1.6940. Down roughly 0.2% from Thursday’s...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Slipped on Soaring UK Inflationary Pressures

31 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Slipped on Soaring UK Inflationary Pressures

Pound (GBP) Hindered by Soaring Food Price Inflation The Pound (GBP) continued to struggle amid the UK’s cost-of-living crisis as food price inflation surged to the highest level since 2008. Shop prices for food rose annualised by 5.1% in the month of August, up from 4.4% in July. The war in Ukraine has pushed up prices for farmers,...

CATEGORIES: Pound Australian Dollar Forecasts

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