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American Dollar Forecast Directory - Page #166

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

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered amid Looming UK Energy Bill Crisis

24 Aug 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered amid Looming UK Energy Bill Crisis

Pound (GBP) Under Pressure amid Looming Energy Crisis The Pound (GBP) struggled for demand on Wednesday as the looming energy price cap, which is set to soar by 80%, is weighing on the economy, and Sterling. With millions of households set to struggle in the winter, inflation is expected to hit 18% early next year. Experts are now...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered amid Mixed PMI Data

23 Aug 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered amid Mixed PMI Data

Pound (GBP) Under Increased Pressure amid Mounting Cost-of-Living Crisis The Pound (GBP) failed to find a clear direction against it rivals on Tuesday as mixed PMI data still pointed the UK towards a recession. The manufacturing sector unexpectedly contracted for the month of July, the first shrinking of the sector since May 2020. With...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Dips Ahead of Chicago Fed Data

22 Aug 2022 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Dips Ahead of Chicago Fed Data

GBP/USD Exchange Rate Ticks Down on UK Headwinds The Pound US Dollar (GBP/USD) exchange rate is weakening this morning as a risk-off mood draws safe-haven support to the US Dollar (USD) while the Pound (GBP) succumbs to external headwinds amid a lack of domestic data. At the time of writing, GBP/USD is trading at $1.1804, down...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Slumped Despite Uptick in UK Retail Sales

19 Aug 2022 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Slumped Despite Uptick in UK Retail Sales

Pound (GBP) Plunged Despite Surprising Retail Sales The Pound (GBP) plummeted against many of its rivals on Friday as the weight of the cost-of-living crisis wiped out any positivity from better-than-expected retail sales. A surprising rise of 0.3% in retail sales compared to an expected 0.2% decline did little to boost the Pound....

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Wavered on Rocky UK Domestic Woes

18 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Wavered on Rocky UK Domestic Woes

Pound (GBP) Undermined by Growing Domestic Chaos The Pound (GBP) struggled for demand on Thursday as a myriad of headwinds kept Sterling under pressure. Despite interest rate hike bets bolstered by fresh 40-year high inflation, the cost-of-living crisis continues to dominate headlines amid fresh domestic woes. Expectations of energy...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavered as UK Inflation Hits Double Digits

17 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Wavered as UK Inflation Hits Double Digits

Pound (GBP) Surged on Fresh 40-Year High Inflation The Pound (GBP) found considerable strength against most of its rivals in the wake of annual inflation rate surging beyond market expectations and hit 10.1% for the month of July. With market expectations of a 9.8% climb, still above the June’s reading of 9.4%, CPI leapt to double digits...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate Rangebound amid Signs of Cooling UK Labour Market

16 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate Rangebound amid Signs of Cooling UK Labour Market

Pound Australian Dollar (GBP/AUD) Exchange Rate Trades Narrowly amid Risk-Off Mood The Pound Australian Dollar (GBP/AUD) exchange rate trended sideways on Monday. Gains for the currency pair may have been capped by evidence of a cooling UK labour market. Hawkish indicators from the Reserve Bank of Australia (RBA) may also have kept...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened on Poor Chinese Data

15 Aug 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened on Poor Chinese Data

Australian Dollar (AUD) Plunged on Slowing Chinese Economy The Australian Dollar (AUD) failed to find demand on Monday as data out of China widely fell short of expectations. Both retail and industrial production data missed market forecasts and printed far lower, highlighting a weaker-than-expected economy. Chinese retail sales rose by...

CATEGORIES: Pound Australian Dollar Forecasts

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

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