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American Dollar Forecast Directory - Page #169

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

Pound Canadian Dollar Exchange Rate Falls amid Global Recession Fears

15 Jul 2022 at 12 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slides on Oil Recovery The Pound Canadian Dollar (GBP/CAD) exchange rate is slipping today. A risk-off market mood is weighing on the exchange rate today amid global recession fears. A lack of significant data for the Pound (GBP) could also be limiting any gains for the pair. Additionally,...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Softens amid Accelerated Rate Hike Bets for the Fed

14 Jul 2022 at 12 PM - Written by John Cameron

US Dollar (USD) Buoyant on Increased Rate Hike Bets The US Dollar (USD) is continuing its rally against most of its rivals today as expectations of aggressive Fed rate hikes have soared. The Bank of Canada (BoC) unexpectedly raised its interest rates by 100bps yesterday, boosting the possibility of the Fed raising interest rates higher...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises as US Inflation Exceeds Forecast

13 Jul 2022 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Wavers on Varied Tailwinds The Pound US Dollar (GBP/USD) exchange rate has fluctuated dramatically through today’s session, as upbeat UK data initially buoyed the Pound (GBP) before US inflation hit 9.1% and sparked US Dollar (USD) support. ‘Greenback’ investors have now turned hawkish, however, as...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Slumps as Gloomy Economic Outlook Compounded by Ongoing Political Uncertainty

12 Jul 2022 at 1 PM - Written by John Cameron

Pound (GBP) Slides amid Renewed Economic Pressures The Pound (GBP) is under increased pressure as inflationary pressures continue to squeeze the economy as retail sales continue to fall at a rate not seen since the height of the pandemic. The British Retail Consortium (BRC) released its survey that showed British shoppers have cut back...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Trends Sideways as BoC Set to Hike Rates

8 Jul 2022 at 2 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAR) Exchange Rate Rangebound after Canadian Jobless Figures The Pound Canadian Dollar (GBP/CAD) exchange rate is trading within a narrow range today. A recovery to crude oil prices as well as evidence of a tight labour market in Canada may be capping gains for the currency pair. On the other hand, some...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Wavers as Boris Johnson Announces Resignation as Prime Minister

7 Jul 2022 at 12 PM - Written by John Cameron

Pound (GBP) Waves as Boris Johnson Announces Resignation The Pound (GBP) initially spiked as Boris Johnson announced his resignation but remains fairly muted as the political storm is yet to clear despite the PM stepping down. Within just two days, over 50 MPs resigned from Johnson’s government in the wake of the latest wave of scandals...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Dips amid a Deteriorating Global Outlook

5 Jul 2022 at 12 PM - Written by John Cameron

Pound (GBP) Weakens as UK and Global Outlook Continues to Deteriorate The Pound (GBP) is sliding today as the Bank of England (BoE) released its annual Financial Stability Report, outlining how the economic outlook has deteriorated materially. The BoE warned that the outlook for both the UK and the global economy is very uncertain, with...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Rises as RBA Decision Dents AUD

5 Jul 2022 at 11 AM - Written by John Cameron

Pound (GBP) Buoyed by Upwardly Revised PMI The Pound (GBP) is strengthening against the Australian Dollar (AUD), despite initially softening against some of its other peers. As today’s trade began, renewed worries about the UK economy put some pressure on the Pound. Sainsbury’s supermarket revealed its latest results, which...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Softens amid Weakening Economic Outlook

4 Jul 2022 at 12 PM - Written by John Cameron

Pound (GBP) Weakens amid Darkening Economic Outlook The Pound (GBP) is slipping against most of its rivals today as a lack of data has left Sterling vulnerable to the souring market sentiment. Fears over a sharper than desired slowdown in economic growth has worried investors. Domestically, multiple headwinds are piling more pressure on...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Slips on Risk-Off Sentiment amid Recession Fears

1 Jul 2022 at 1 PM - Written by John Cameron

US Dollar (USD) Firms amid Risk-Off Sentiment The US Dollar (USD) is buoyed against most of its rivals today after mounting recession fears weigh on the global economy as safe-haven flows continue to rise. Despite softening inflation data for the US yesterday, the ‘Greenback’ firmed again today as recession fears continue to spook...

CATEGORIES: Pound Dollar Forecasts