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American Dollar Forecast Directory - Page #165

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

Pound US Dollar Exchange Rate News: GBP/USD Wavers amid Fed BoE Policy Divergence

17 Jun 2022 at 2 PM - Written by John Cameron

Pound (GBP) Softens as BoE Remains Behind the Curve The Pound (GBP) is softening today as policy divergence between the Bank of England (BoE) and other central banks is widening. With yesterday’s expected 25bps rate hike to 1.25% not overly inspiring investors, concerns are growing that the BoE is not doing enough to combat...

CATEGORIES: Pound Dollar Forecasts

Pound New Zealand Dollar Exchange Rate Firms as BoE Signals Future Rate Hikes

16 Jun 2022 at 3 PM - Written by John Cameron

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Gains amid Poor NZ Growth The Pound New Zealand Dollar (GBP/NZD) exchange rate is climbing higher in the aftermath of the Bank of England’s (BoE) interest rate decision. The currency pair fell earlier after the central bank announced a 0.25% rate hike. The possibility of aggressive...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Remains Muted amid Policy Divergence

15 Jun 2022 at 3 PM - Written by John Cameron

US Dollar (USD) Softens ahead of Fed Rate Hike The US Dollar is subdued against most of its peers today as investors await the Federal Reserve’s highly anticipated interest rate decision tonight. A hotter-than-expected US consumer price index has bolstered expectations of a 75bps hike, a third consecutive rate hike. With the...

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar Exchange Rate Gains as Oil Prices Slip on Supply Concerns

15 Jun 2022 at 1 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Climbs Despite BoE Rate Hike Concerns The Pound Canadian Dollar (GBP/CAD) exchange rate is seeing a boost today amid a fall to crude oil prices. Prices for the commodity are tumbling amid demand fears and potential supply shortages. Major gains for the currency pair could be limited however...

CATEGORIES: Pound Canadian Dollar Forecasts

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

10 Jun 2022 at 12 PM - Written by John Cameron

US Dollar (USD) Firms ahead of CPI Data The US Dollar (USD) remains resilient today as investors eagerly await the release of May’s consumer price index as a cautious mood prevails. Analysts expect this afternoon’s CPI figures to report headline US inflation remained at 8.3% last month, with the core CPI to fall to 5.9% from 6.2%....

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound as Oil Prices Slide

9 Jun 2022 at 10 AM - Written by John Cameron

GBP/CAD Muted as Shanghai Returns to Lockdown The Pound Canadian Dollar (GBP/CAD) exchange rate is trading in a narrow range this morning amid the threat of fresh lockdowns in Shanghai, weighing on oil prices. Meanwhile, the Pound (GBP) is subdued amid UK political uncertainty. At the time of writing, the GBP/CAD exchange rate is...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Softens as Political Instability and Brexit Fears Reign

8 Jun 2022 at 12 PM - Written by John Cameron

Pound (GBP) Stutters amid Political Uncertainty The Pound (GBP) is facing renewed headwinds today as both Brexit concerns and political chaos return. Despite Prime Minister Boris Johnson narrowly winning the confidence vote on Monday, the growing number of critics was hard to ignore. GBP investors fear this could be the beginning of...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Fluctuates as RBA Hikes Rates

7 Jun 2022 at 2 PM - Written by John Cameron

Australian Dollar (AUD) Buoyant as RBA Delivers Bigger-than-Expected Rate Hike The Australian Dollar (AUD) strengthened overnight after the Reserve Bank of Australia (RBA) delivered its biggest one-off interest rate hike in over two decades. Surpassing expectations a more modest rise to 0.6%, the Official Cash Rate (OCR) soared to 0.85%, a...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Rangebound amid UK Political Uncertainty

7 Jun 2022 at 11 AM - Written by John Cameron

GBP/USD Muted as UK Political Anxiety Drags On The Pound US Dollar (GBP/USD) exchange rate is trading in a narrow range after Boris Johnson struggled to survive yesterday’s no confidence vote. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.25, virtually unchanged from today’s opening...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Strengthens as Boris Johnson to Face No-Confidence Vote

6 Jun 2022 at 12 PM - Written by John Cameron

Pound (GBP) Firms in the Face of No Confidence Vote The Pound (GBP) is trading positively this morning following the news that Boris Johnson will face a vote of no confidence later this evening. A spokesperson for Johnson said: ‘The PM welcomes the opportunity to make his case to MPs and will remind them that when they're united and...

CATEGORIES: Pound Dollar Forecasts