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American Dollar Forecast Directory - Page #218

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

GBP to USD Exchange Rate Surges as Coronavirus Fears Cause Federal Reserve Rate Cut Bets

25 Feb 2020 at 4 PM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Surges as Coronavirus Fears Cause Federal Reserve Rate Cut Bets

The US Dollar briefly saw a boost on Monday’s safe haven demand, but today the currency fell back, shedding Monday’s gains and making it easier for the British Pound to US Dollar (GBP/USD) exchange rate to advance. As the Pound lacks much drive, the pair is gaining more on coronavirus concerns and US Dollar weakness than any UK news such...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Plummets as Safe Haven Demand Leads to USD Surge

24 Feb 2020 at 3 PM - Written by James Fuller

STORY LINK GBP to USD Exchange Rate Plummets as Safe Haven Demand Leads to USD Surge

Amid a lack of notable Brexit developments in recent sessions, the British Pound to US Dollar (GBP/USD) exchange rate has been more easily driven by a strong US Dollar today. Market concerns over the coronavirus returned in full force today, after weekend news showed that the virus had seen a worse spread through Italy than expected. While...

CATEGORIES: Pound Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Flat as Covid-19 Takes ‘Control’ Again

24 Feb 2020 at 2 PM - Written by John Cameron

STORY LINK Pound New Zealand Dollar (GBP/NZD) Exchange Rate Flat as Covid-19 Takes ‘Control’ Again

Pound Sterling New Zealand Dollar (GBP/NZD) Muted as Coronavirus Death Toll Nears 2,600 The Pound Sterling New Zealand Dollar (GBP/NZD) exchange rate remained flat, trading at around NZ$2.0404. The New Zealand Dollar remained flat amidst growing concern about the spread of Covid-19 as other countries such as South Korea, Italy and Iran...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to USD Exchange Rate Edges Away from 2020 Lows as UK PMIs Beat Forecasts

21 Feb 2020 at 12 PM - Written by Minesh Chaudhari

STORY LINK GBP to USD Exchange Rate Edges Away from 2020 Lows as UK PMIs Beat Forecasts

This week’s slew of impressive UK ecostats have not been enough to stop the British Pound to US Dollar (GBP/USD) exchange rate from slumping, as Brexit uncertainties persist and the US Dollar sees strong gains in reaction to global growth speculation. Still, strong UK data did help the Pound to recover from its worst levels and the US...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as Australian Unemployment Increases in January

20 Feb 2020 at 10 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as Australian Unemployment Increases in January

GBP/AUD Exchange Rate Edges Higher as RBA Rate Cut Odds Rise The Pound Australian Dollar (GBP/AUD) exchange rate rose by 0.7% today, with the pairing currently trading around AU$1.948 after Australia’s unemployment shot up to 5.3% in January, leaving ‘Aussie’ investors jittery on the prospect of another interest rate cut from the...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Dips as Rising Oil Prices Boost ‘Loonie’

19 Feb 2020 at 5 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Dips as Rising Oil Prices Boost ‘Loonie’

GBP/CAD Exchange Rate Sinks as ‘Loonie’ Rises on Lull in Coronavirus Fears The Pound Canadian Dollar (GBP/CAD) exchange rate dipped by -0.3%, with the pairing currently trading around CA$1.716 after Canada’s inflation report for January beat forecasts and rose from 0% to 0.3%, while the year-on-year figure also increased by...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Struggles to Sustain $1.30 despite Rebound in UK Inflation

19 Feb 2020 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Struggles to Sustain $1.30 despite Rebound in UK Inflation

Pound (GBP) Falters in spite of Solid Increase in Inflation The Pound (GBP) is trading on the back foot against the US Dollar (USD) and the majority of its other peers this morning, in spite of a stronger-than-expected UK consumer price index (CPI). According to data published by the Office for National Statistics (ONS), UK inflation...

CATEGORIES: Pound Dollar Forecasts

GBP to AUD Exchange Rate Advances as Reserve Bank of Australia Leaves Door Open for Rate Cut

18 Feb 2020 at 5 PM - Written by Toni Johnson

STORY LINK GBP to AUD Exchange Rate Advances as Reserve Bank of Australia Leaves Door Open for Rate Cut

Even with Australian data decent recently, the Australian Dollar has seen a volatile few weeks due to persisting market concerns over a coronavirus outbreak, and this is making it easier for the British Pound to Australian Dollar (GBP/AUD) exchange rate to sustain gains. The Pound is benefitting from weakness in rivals, as well as rising...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Rising Oil Prices Boost the ‘Loonie’

17 Feb 2020 at 5 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Rising Oil Prices Boost the ‘Loonie’

GBP/CAD Exchange Rate Falls as Risk Appetite Returns for Canadian Dollar The Pound Canadian Dollar (GBP/CAD) exchange rate fell by -0.5% today, with the pairing currently trading around CA$1.720 as increasingly muted fears over China’s coronavirus outbreak has strengthened oil prices and boosted the risk-sensitive ‘Loonie’. Ray...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

EUR to USD Exchange Rate Remains Near Yearly Worst on Eurozone Growth Concerns

17 Feb 2020 at 3 PM - Written by Tim Boyer

STORY LINK EUR to USD Exchange Rate Remains Near Yearly Worst on Eurozone Growth Concerns

Due to a lack of support from either domestic or global developments, the Euro remains unappealing and last week was yet another week of losses for the Euro to US Dollar (EUR/USD) exchange rate. Investors find the Euro unappealing due to lingering fears of a lasting slowdown in Eurozone economy, as well as the possibility that further...

CATEGORIES: American Dollar Forecasts Euro Forecasts

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