Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #161

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

Pound US Dollar Exchange Rate News: GBP/USD Plunged on Contracting UK Economy

12 Aug 2022 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Plunged on Contracting UK Economy

Pound (GBP) Plummeted on Recession Expectations The Pound (GBP) fell against its rivals as GDP growth data for June compounded recession fears. Despite printing marginally better than an expected 1.3% contraction, the UK economy still declined 0.6% MoM. Quarterly, the UK economy also contracted, the first decline in a year as it fell by...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Trends Sideways after Surprise US PPI Fall

11 Aug 2022 at 5 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate Trends Sideways after Surprise US PPI Fall

Pound US Dollar (GBP/USD) Exchange Rate Climbs Rangebound amid Risk-Off Mood The Pound US Dollar (GBP/USD) exchange traded within a narrow range on Thursday after a fall to US PPI figures. The data extended the US Dollar’s (USD) sell-off which helped the currency pair to climb. Additionally, a risk-on market mood helped to bolster...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Softened Ahead of Expected Contraction of UK Economy

11 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Softened Ahead of Expected Contraction of UK Economy

Pound (GBP) Muted ahead of Expected Contraction of GDP The Pound (GBP) was under increased pressure as investors remained cautious ahead of key GDP data for the month of June. With expectations of the UK economy contracting, Sterling encountered renewed pressure. A lack of data has left the Pound exposed to market sentiment, and despite...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Strengthened ahead of US Inflation Reading

10 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Strengthened ahead of US Inflation Reading

US Dollar (USD) Quiet Ahead of Key Inflation Data The US Dollar (USD) remains subdued ahead of annual CPI reading for the month of July. With future rate hikes from the Federal Reserve hinging on the readings, the US Dollar could see significant movement. With inflation expected to ease from 9.1% to 8.7%, as fuel and energy prices have...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Revisits Monday’s Levels on Bearish USD Trading

9 Aug 2022 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Revisits Monday’s Levels on Bearish USD Trading

GBP/USD Exchange Rate Firms, Drops as UK Headwinds Escalate The Pound US Dollar (GBP/USD) exchange rate rose initially through today’s session as upbeat UK retail data buoyed the Pound (GBP), but subsequently fell on cost-of-living pressures. Meanwhile, US Dollar (USD) investors were bearish ahead of Wednesday’s CPI...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Jerks Up on Moderate Risk Appetite

8 Aug 2022 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Jerks Up on Moderate Risk Appetite

GBP/USD Exchange Rate Eases Higher despite GDP Forecasts The Pound US Dollar (GBP/USD) exchange rate is trending gradually higher this morning despite UK headwinds in the form of bleak GDP forecasts. Meanwhile, the US Dollar is consolidating Friday’s gains, although gains are capped by a mild risk-on mood. At the time of...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Softened amid Bleak BoE Economic Outlook

8 Aug 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Softened amid Bleak BoE Economic Outlook

Pound (GBP) Plunged on Downbeat Forecast The Pound (GBP) failed to drum up support as a lack of data left Sterling exposed to the souring market sentiment. After the Bank of England’s (BoE) downbeat economic report following their 50bps rate hike continued to weigh on the Pound. Expectations of a recession are growing, compounded by...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Bleak BoE Economic Outlook

5 Aug 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Bleak BoE Economic Outlook

Pound (GBP) Under Intense Pressure from Recession Fears The Pound (GBP) struggled for demand in the wake of the Bank of England’s (BoE) biggest rate hike in 27 years. Despite an apparent hawkish hike, the concerning undertones were confirmed in the press conference that followed the central bank’s decision to raise rates to...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Slipped Despite BoE Raising Interest Rates by 50bps

4 Aug 2022 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Slipped Despite BoE Raising Interest Rates by 50bps

Pound (GBP) Plummeted Despite Substantial Interest Rate Hike The Pound (GBP) suffered substantial losses as the Bank of England (BoE) issued a concerning assessment of the UK economy. Despite raising interest rates by the fastest rate in 27 years, the central bank also warned that the UK economy is headed straight for a recession by the...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Rallied amid Modest Recovery in Global Market Sentiment

3 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Rallied amid Modest Recovery in Global Market Sentiment

Pound (GBP) Firmed Despite Drop in Service Sector Growth The Pound (GBP) saw mixed success against its rivals as a downward revised 52.6 from an expected 53.3 edged the services sector ever closer to stagnation. The softest expansion in the sector in 17 months was due to soaring inflationary pressures having a direct impact on consumer...

CATEGORIES: Pound Dollar Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today