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American Dollar Forecast Directory - Page #268

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

Pound Canadian Dollar Exchange Rate Falls from Weekly Best as Brexit Uncertainties Reignite

14 Nov 2018 at 1 PM - Written by James Fuller

STORY LINK Pound Canadian Dollar Exchange Rate Falls from Weekly Best as Brexit Uncertainties Reignite

Concerns that UK Prime Minister Theresa May could struggle to find enough domestic support to pass a UK-EU Brexit deal into UK law left the British Pound to Canadian Dollar (GBP/CAD) tumbling on Wednesday, despite lower oil prices weighing on demand for the oil-correlated Canadian Dollar. Since opening this week at the level of 1.7130,...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to USD Exchange Rate Slumps on Mixed Brexit Reports

12 Nov 2018 at 5 PM - Written by Frank Davies

STORY LINK GBP to USD Exchange Rate Slumps on Mixed Brexit Reports

A surprisingly resilient US Dollar avoided losses versus the Pound last week despite the results of the US Mid-Term Elections, and the British Pound to US Dollar (GBP/USD) exchange rate continued to fall when markets opened this week as Brexit concerns returned to UK headlines. Last week saw GBP/USD open at the level of 1.2973 and close at...

CATEGORIES: Pound Dollar Forecasts

GBP to NZD Exchange Rate Tumbles as Reserve Bank of New Zealand Plays Down Chances of Rate Cut

8 Nov 2018 at 11 AM - Written by Toni Johnson

STORY LINK GBP to NZD Exchange Rate Tumbles as Reserve Bank of New Zealand Plays Down Chances of Rate Cut

Since Wednesday’s strong New Zealand job market report, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has been tumbling. The New Zealand Dollar continued to strengthen on Thursday as the Reserve Bank of New Zealand (RBNZ) tone became more neutral and investors bet that a rate cut from the bank was less likely. After...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steady on Backstop Worries and Midterms Election

6 Nov 2018 at 4 PM - Written by James Fuller

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Steady on Backstop Worries and Midterms Election

On Monday, the Pound to US Dollar exchange rate opened in the region of $1.3005 in the morning and closed marginally higher around $1.3063 in the evening. This appreciation was caused by optimism about an apparent ‘secret’ Brexit deal being made by Prime Minister Theresa May, although official sources were quick to deny the...

CATEGORIES: Pound Dollar Forecasts

GBP to CAD Exchange Rate Climbs as US Midterm Election Uncertainty Dents Loonie

6 Nov 2018 at 11 AM - Written by Tim Boyer

STORY LINK GBP to CAD Exchange Rate Climbs as US Midterm Election Uncertainty Dents Loonie

Despite analyst caution and disappointing UK data on Monday, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has advanced this week so far. Investors have been selling the relatively risky trade-correlated Canadian Dollar in anticipation of today’s anticipated US 2018 Mid-Term Elections. A hawkish monetary policy outlook for...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Fluctuates amid Positive Trade Headlines

2 Nov 2018 at 2 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Fluctuates amid Positive Trade Headlines

The Pound Australian Dollar (GBP/AUD) exchange rate traded in a wide range on Friday as markets react to reports the US and China may be close to resolving their trade dispute. Australian Dollar (AUD) Exchange Rates Bolstered by Trump Trade Remarks The Australian Dollar (AUD) leapt higher during the Asian session on Friday as the...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to CAD Exchange Rate Surges on Hopes for UK-EU Financial Services Deal

1 Nov 2018 at 4 PM - Written by Toni Johnson

STORY LINK GBP to CAD Exchange Rate Surges on Hopes for UK-EU Financial Services Deal

Despite higher market demand for risky commodity-correlated currencies since November began, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has surged in reaction to Brexit reports and speculation. Sterling’s strength was limited by disappointing UK manufacturing data however. Since opening this week at the level of 1.6812,...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to USD Exchange Rate Slides as Brexit Worries and Solid US Data Keep Up the Pressure

30 Oct 2018 at 2 PM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Slides as Brexit Worries and Solid US Data Keep Up the Pressure

Despite attempts from the UK Treasury to be optimistic during Britain’s Autumn Budget, the British Pound to US Dollar (GBP/USD) exchange rate tumbled again today. This was due to broad Brexit fears, as well as strong US data and some lingering market demand for safe haven currencies. Could GBP/USD be on track for another week of losses?...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling to New Zealand Dollar (GBP/NZD) Exchange Rate Drops on Latest Brexit Fears

25 Oct 2018 at 4 PM - Written by David Woodsmith

STORY LINK Pound Sterling to New Zealand Dollar (GBP/NZD) Exchange Rate Drops on Latest Brexit Fears

On Wednesday, the Pound fell from an opening exchange rate of NZ$1.9811 to close down lower at a level of NZ$1.9797. This depreciation was caused by high anxiety about a meeting between Prime Minister Theresa May and the 1922 Committee, a group of pro-Brexit backbench MPs. The concern at the time was that the PM might face strong...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to CAD Exchange Rate Rebounds from 3-Week-Low Following Wednesday Plunge

25 Oct 2018 at 12 PM - Written by Minesh Chaudhari

STORY LINK GBP to CAD Exchange Rate Rebounds from 3-Week-Low Following Wednesday Plunge

Following the Bank of Canada’s (BoC) October policy decision on Wednesday, the Canadian Dollar saw a surge in demand. While the British Pound to Canadian Dollar (GBP/CAD) exchange rate has recovered from Wednesday’s lowest level, it is still on track to see significant losses throughout the week. Since opening this week at the level of...

CATEGORIES: Pound Canadian Dollar Forecasts

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