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American Dollar Forecast Directory - Page #277

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

GBP/NZD Exchange Rate Up 0.5% after BoE Official Backs Interest Rate Hike

21 Jun 2018 at 5 PM - Written by Ben Hughes

On Wednesday, the Pound to New Zealand Dollar exchange rate opened in the region of 1.9081 and closed higher at 1.9178. UK domestic data proved supportive during the morning, when Confederation of British Industry (CBI) industrial orders stats showed forecast-beating levels of growth in June. Rising Support for BoE Interest Rate Hike...

CATEGORIES: Pound New Zealand Dollar Forecasts

Hawkish BoE Vote Split Sends Pound US Dollar (GBP/USD) Exchange Rate Soaring

21 Jun 2018 at 4 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Climbs as BoE Moves Closer to August Rate Rise The Pound US Dollar (GBP/USD) exchange rate stormed ahead on Thursday, bolstered by a surprising increase in the number of policy member votes for a rate rise at the June Bank of England (BoE) rate meeting. Investors were pleased to see that Chief...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Static ahead of BoE Interest Rate Decision

20 Jun 2018 at 4 PM - Written by Tim Boyer

On Tuesday, the Pound to US Dollar exchange rate opened around 1.3260 and closed lower at 1.3178. There was no real UK economic data out yesterday, which left uncertainty about a Brexit vote as the main influencer on the GBP/USD exchange rate. Sterling’s decline in value was because of uncertainty about how a Brexit amendment could...

CATEGORIES: Pound Dollar Forecasts

Daily Currency News: Pound Sterling to US Dollar (GBP/USD) Exchange Rate Drops as Tariffs Boost USD Appeal

19 Jun 2018 at 1 PM - Written by James Fuller

Monday’s trading session saw the Pound to US Dollar exchange rate open in the region of 1.3271 and close down lower around 1.3258. This slight deterioration came after the news that the British Chambers of Commerce (BCC) had downgraded its UK economic growth forecasts for both 2018 and 2019. This year’s predicted growth levels were...

CATEGORIES: Pound Dollar Forecasts

BCC Growth Forecast Downgrade Triggers GBP/AUD Exchange Rate Decline

18 Jun 2018 at 1 PM - Written by Toni Johnson

Last week, the Pound to Australian Dollar exchange rate opened in the region of 1.7638 and rose to close higher around 1.7838. This appreciation was caused by the news that the US Federal Reserve had decided to hike interest rates, which strengthened the US Dollar and devalued the AUD. Falling Confidence after BCC Forecasts Triggers...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Struggles to Hold onto Retail Sales Gains

14 Jun 2018 at 5 PM - Written by John Cameron

UK Retail Sales Smash Expectations - Pound (GBP) Exchange Rates Fluctuate Sterling posted a mixed performance against the Australian Dollar (GBP/AUD) on Thursday, rising in the morning as investors responded to a weak round of Australian labour market data and a strong UK retail sales print, but easing into the afternoon. According to...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to CAD Exchange Rate Sheds Weekly Gains as Investors Expect Slower Global Growth

14 Jun 2018 at 3 PM - Written by Minesh Chaudhari

Despite some strong UK data on Thursday, the British Pound to Canadian Dollar (GBP/CAD) exchange rate’s gains were limited due to an afternoon boost in market demand for riskier currencies with higher yields. This was due to signs of caution from the European Central Bank (ECB) during its June policy decision. For most of the week,...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to NZD Exchange Rate Slumps as UK Inflation Fails to Climb and Bank of England Bets Fall

13 Jun 2018 at 4 PM - Written by David Woodsmith

This week’s UK data has indicated that British price pressures may be more subdued than investors expected, which has led to a drop in Bank of England (BoE) interest rate hike bets and a weaker British Pound to New Zealand Dollar (GBP/NZD) exchange rate. The main cause of GBP/NZD movement on Wednesday was UK inflation data. After...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP USD Exchange Rate Under Pressure as Markets Brace for Federal Reserve Rate Hike

13 Jun 2018 at 3 PM - Written by Frank Davies

The Pound US Dollar (GBP/USD) exchange rate remained under pressure on Wednesday as investors reacted with disappointment to the latest UK consumer price index data. As the headline CPI held steady at 2.4% on the year in May, remaining at a one-year low, this prompted speculation that the inflation rate has peaked. This weaker showing...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Drops after UK Wage Growth Slows

12 Jun 2018 at 4 PM - Written by Ben Hughes

On Monday, the Pound to Australian Dollar exchange rate opened around 1.7643 and closed lower in the region of 1.7585. This decline in the Pound’s performance was down to a cluster of poor UK data releases which covered manufacturing, construction and industrial sector output. Levels of productivity fell in April across a range of...

CATEGORIES: Pound Australian Dollar Forecasts