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American Dollar Forecast Directory - Page #279

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

GBP AUD Exchange Rate Struggles in Spite of Sharp Uptick in UK Consumer Credit

31 May 2018 at 4 PM - Written by David Woodsmith

STORY LINK GBP AUD Exchange Rate Struggles in Spite of Sharp Uptick in UK Consumer Credit

A better-than-expected GfK UK consumer confidence index offered support to the Pound Australian Dollar (GBP/AUD) exchange rate on Thursday. While the index remained firmly in negative territory investors were still encouraged by signs that sentiment is recovering in spite of lingering Brexit-based uncertainty. An unexpectedly sharp...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rallies as US GDP Misses its Mark

30 May 2018 at 3 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rallies as US GDP Misses its Mark

OECD Upgrades UK Growth Forecasts – Pound US Dollar (GBP/USD) Exchange Rate Climbs The Pound climbed against the US Dollar (GBP/USD) on Wednesday, bolstered by a downbeat revision in US GDP and news that the influential Organisation for Economic Cooperation and Development (OECD) has upgraded their growth forecast for the...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Stumbles as Investors Prepare for Important US Data

29 May 2018 at 5 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Stumbles as Investors Prepare for Important US Data

Pound Euro (GBP/USD) Exchange Rate flirts with 6-Month Lows The Pound US Dollar (GBP/USD) exchange rate continued its fall on Tuesday, encumbered by last week’s disappointing UK consumer price inflation print and ongoing support for the ‘Greenback’ in light of the hawkish US Federal Reserve. There is, however, still some hope for...

CATEGORIES: Pound Dollar Forecasts

GBP to CAD Exchange Rebounds from Worst Levels as Oil Prices Drag Canadian Dollar Lower

29 May 2018 at 5 PM - Written by Frank Davies

STORY LINK GBP to CAD Exchange Rebounds from Worst Levels as Oil Prices Drag Canadian Dollar Lower

Despite a surge in risk-sentiment briefly dragging the British Pound to Canadian Dollar (GBP/CAD) exchange rate lower on Tuesday morning, the pair had recovered most of its losses by the afternoon as investors lost appetite for Canadian Dollar trade. Falling prices of oil, Canada’s most lucrative commodity, weighed on the...

CATEGORIES: Pound Canadian Dollar Forecasts

Growing Fears about Brexit-City Conditions Cause GBP/AUD Exchange Rate Losses

29 May 2018 at 1 PM - Written by James Fuller

STORY LINK Growing Fears about Brexit-City Conditions Cause GBP/AUD Exchange Rate Losses

Last week, the Pound to Australian Dollar exchange rate opened trading in the region of 1.7908 on Monday but closed down lower around 1.7620 on Friday. The Pound (GBP) was primarily weakened over the course of trading by signs that a Bank of England (BoE) interest rate hike was likely to be further off. Expectations for an imminent rate...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Tumbles as UK GDP Misses its Mark

25 May 2018 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Tumbles as UK GDP Misses its Mark

UK Q1 GDP Estimate Confirmed Soft – Pound (GBP) Exchange Rates Fall The Pound Australian Dollar (GBP/AUD) exchange rate weakened on Friday, falling as investors responded to a disappointing Q1 GDP print. The Office for National Statistics (ONS) confirmed the UK’s economic growth in the first quarter at 1.2% year-on-year, with the...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Fails to Sustain Recovery Attempt as UK Economic Outlook Unchanged

24 May 2018 at 5 PM - Written by David Woodsmith

STORY LINK GBP to AUD Exchange Rate Fails to Sustain Recovery Attempt as UK Economic Outlook Unchanged

A strong UK retail sales report on Thursday was not enough to make the British Pound to Australian Dollar (GBP/AUD) exchange rate particularly more appealing. Instead, Sterling investors anticipated Britain’s latest Q1 growth projections, due Friday, while the Australian Dollar benefitted from weakness in the US Dollar (USD). Following...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Plummets as US PMIs Point to Solid Growth

23 May 2018 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Plummets as US PMIs Point to Solid Growth

UK Inflation misses its Mark – Pound US Dollar (GBP/USD) Exchange Rate Tumbles The Pound US Dollar (GBP/USD) exchange rate tumbled on Wednesday as investors reacted to a disappointing UK consumer price inflation print and a raft of upbeat US purchasing managers’ index (PMI) readings. According to the Office for National Statistics...

CATEGORIES: Pound Dollar Forecasts

GBP/CAD Exchange Rate Falls Today as Slowing Inflation Lowers Interest Rate Hike Odds

23 May 2018 at 1 PM - Written by Ben Hughes

STORY LINK GBP/CAD Exchange Rate Falls Today as Slowing Inflation Lowers Interest Rate Hike Odds

On Tuesday, the Pound to Canadian Dollar exchange rate opened trading around 1.7163 and closed higher in the region of 1.7224. The main Pound influencer yesterday was a testimony session held between Bank of England (BoE) policymakers and the Treasury Select Committee. BoE officials gave a mixed assessment of the UK economy; on the...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/AUD Drops after Mixed BoE Testimony

22 May 2018 at 1 PM - Written by Tim Boyer

STORY LINK GBP/AUD Drops after Mixed BoE Testimony

Monday saw the Pound to Australian Dollar exchange rate open trading in the region of 1.7911 and close lower around 1.7714. The losses in the GBP/AUD exchange rate were mainly caused by news that the UK will eventually leave the EU customs union, regardless of other agreements. Last week brought news of an apparent breakthrough, when it...

CATEGORIES: Pound Australian Dollar Forecasts

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