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American Dollar Forecast Directory - Page #283

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

GBP to USD Exchange Rate Ends Week Near Post-Brexit Highs on Bank of England (BoE) Bets

13 Apr 2018 at 3 PM - Written by Toni Johnson

Underwhelming UK data was not enough to keep the Pound weak last week, as the British Pound to US Dollar (GBP/USD) exchange rate put in solid gains throughout the week thanks to bets of Bank of England (BoE) hawkishness, as well as geopolitical tensions weighing on the US Dollar. Thanks to broad Pound strength and heavily mixed US Dollar...

CATEGORIES: Pound Dollar Forecasts

Weekly GBP/CAD Exchange Rate Forecast: Are Pound Losses ahead on UK Inflation Acceleration?

13 Apr 2018 at 3 PM - Written by Ben Hughes

On Thursday, the Pound to Canadian Dollar exchange rate opened in the region of 1.8002 on Monday but later closed down lower around 1.7950 on Friday. This slight GBP/CAD decline could worsen in the week ahead, if UK economic data shows tougher conditions for consumers. Last Week’s GBP/CAD Losses Triggered by Slowing UK Productivity...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Stumbles on Upbeat Chinese Ecostats

13 Apr 2018 at 2 PM - Written by John Cameron

April Seasonal Support Returns, GBP/AUD Exchange Rate Fails to Capitalise The Pound Australian Dollar (GBP/AUD) exchange rate tumbled on Friday, failing to ride the wave of April seasonal support and falling as the ‘Aussie’ Dollar capitalised on a run of rather upbeat Chinese data releases. Sterling historically sees support in...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Dollar Exchange Rate Sees Modest Gains as Risk-Sentiment Weakens

12 Apr 2018 at 4 PM - Written by Minesh Chaudhari

Despite a lack of supportive UK data in recent sessions, the British Pound to Australian Dollar (GBP/AUD) exchange rate has advanced slightly. This has been largely due to a stronger US Dollar (USD) making risky currencies like the Australian Dollar less appealing. Could GBP/AUD be on track for a week of limited changes? Last week saw...

CATEGORIES: Pound Australian Dollar Forecasts

GBP USD Exchange Rate Accelerates on Rising US Jobless Claims Figures

12 Apr 2018 at 4 PM - Written by James Fuller

Even though March’s Federal Open Market Committee (FOMC) meeting minutes proved a little more hawkish in tone this failed to knock the Pound US Dollar (GBP/USD) exchange rate off an uptrend for long. The minutes were not particularly surprising, given the recent trend of solid US data and rising inflationary pressure. All in all, the...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs as UK Trade Deficit Shrinks

11 Apr 2018 at 1 PM - Written by John Cameron

UK Trade Balance Readings Beat Expectations – Pound (GBP) Exchange Rates Capitalise The Pound Australian Dollar (GBP/AUD) exchange rate climbed on Wednesday, supported by news that the UK’s trade deficit narrowed in February. According to the Office for National Statistics (ONS), the UK’s trade deficit shrank from £-2.949B to...

CATEGORIES: Pound Australian Dollar Forecasts

GBP AUD Exchange Rate Flounders in Spite of Hawkish BoE Comments

10 Apr 2018 at 2 PM - Written by Frank Davies

Comments from Chinese president Xi Jinping encouraged a resurgence in market risk appetite, to the detriment of the Pound Australian Dollar (GBP/AUD) exchange rate. Demand for the risk-sensitive Australian Dollar picked up in response to President Xi’s more measured tone on the subject of trade, which suggests a greater chance of...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to USD Exchange Rate Continues to Gain on Solid Bank of England (BoE) Interest Rate Hike Bets

10 Apr 2018 at 10 AM - Written by David Woodsmith

Amid solid UK housing data and hawkish comments from Bank of England (BoE) officials, the British Pound to US Dollar (GBP/USD) exchange rate has seen solid gains in recent sessions. US Dollar demand has been mixed due to trade uncertainties, despite attempts to calm persistent ‘trade war’ fears. After gaining from 1.4013 to 1.4085 last...

CATEGORIES: Pound Dollar Forecasts

GBP to NZD Exchange Rate Slips from Highs as Risk-Appetite Rises on North Korea News

9 Apr 2018 at 1 PM - Written by Frank Davies

Despite persistent concerns about the possibility of a ‘trade war’ breaking out between the US and China, other aspects have supported risky currencies like the New Zealand Dollar instead and this has kept the British Pound to New Zealand Dollar (GBP/NZD) exchange rate from advancing. Due to risk-sentiment and weak UK data last week,...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to USD Exchange Rate Sees Late-Week Jump on US Non-Farm Payrolls and Trade Concerns

6 Apr 2018 at 5 PM - Written by Minesh Chaudhari

Markets didn’t react too favourably to the latest US Non-Farm Payroll results, which came in well below expectations in most prints. As a result, the British Pound to US Dollar (GBP/USD) exchange rate saw some gains towards the end of Friday’s European session and was on track to sustain gains. After slipping from 1.4131 to 1.4013 last...

CATEGORIES: Pound Dollar Forecasts