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American Dollar Forecast Directory - Page #292

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

Pound to Canadian Dollar Exchange Rate Ticks Higher after UK Services Sector Growth

4 Jan 2018 at 1 PM - Written by James Fuller

STORY LINK Pound to Canadian Dollar Exchange Rate Ticks Higher after UK Services Sector Growth

On 3rd January, the Pound to Canadian Dollar exchange rate made a marginal decline over the course of trading. The GBP/CAD exchange rate opened trading in the area of 1.6997, but later fell to close at 1.6952. Services Sector Growth Triggers Pound to Canadian Dollar Exchange Rate Rise A better-than-expected printing for the UK...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/USD Exchange Rate Slumps on Disappointing UK Construction Stats

3 Jan 2018 at 5 PM - Written by Tim Boyer

STORY LINK GBP/USD Exchange Rate Slumps on Disappointing UK Construction Stats

On Tuesday, the Pound to US Dollar exchange rate saw a minor improvement from the start of trading. GBP/USD opened in the region of 1.3511, later closing daily trading higher in the region of 1.3594. Construction Sector Slowdown Leads to GBP/USD Exchange Rate Decline The Pound to US Dollar rate has been weakened by domestic data...

CATEGORIES: Pound Dollar Forecasts

GBP to CAD Exchange Rate Advances Despite Slower UK Manufacturing PMI

2 Jan 2018 at 1 PM - Written by Ben Hughes

STORY LINK GBP to CAD Exchange Rate Advances Despite Slower UK Manufacturing PMI

Despite Britain’s latest manufacturing data from Markit coming in lower than expected, the British Pound to Canadian Dollar exchange rate tested gains on Tuesday and trended above the week’s opening levels. The Canadian Dollar was weighed by expectations that prices of oil, Canada’s most lucrative commodity, would soon weaken. Due to...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar (GBP USD) Exchange Rate Extends Gains on ?Greenback? Apathy

29 Dec 2017 at 2 PM - Written by Toni Johnson

STORY LINK Pound US Dollar (GBP USD) Exchange Rate Extends Gains on ?Greenback? Apathy

The Pound US Dollar (GBP USD) exchange rate extended its gains on Friday, bolstered by fresh weakness in the Euro caused by apprehensions regarding the upcoming Italian general election and an ongoing lack of demand for the ‘Greenback’. Pound (GBP) Exchange Rates Capitalise on Eurozone Political Woes The Pound is on track to end...

CATEGORIES: Pound Dollar Forecasts

US Dollar Euro (USD EUR) Tumbles Over Holidays on Poor Consumer Confidence

27 Dec 2017 at 4 PM - Written by Tim Boyer

STORY LINK US Dollar Euro (USD EUR) Tumbles Over Holidays on Poor Consumer Confidence

The US Dollar Euro (USD EUR) exchange rate tumbled over the holiday period as markets responded to a below-forecast US consumer confidence print. US Dollar Euro (USD EUR) Falls on Notable Drop in Consumer Confidence Consumer confidence in the US fell to 122.1 in December, down from the previous period’s 128.6 and below the consensus...

CATEGORIES: American Dollar Forecasts

2018 GBP/USD Exchange Rate Outlook: UK Wages and Chinese Economy in Focus

27 Dec 2017 at 11 AM - Written by Tim Boyer

STORY LINK 2018 GBP/USD Exchange Rate Outlook: UK Wages and Chinese Economy in Focus

On the week leading up to Christmas, the Pound to US Dollar exchange rate rose from an opening level of 1.3324 on Monday to close higher at 1.3360 on Friday. This advance came on a mixed week for UK data, which included falling consumer confidence and an expanding borrowing deficit. The headline news came on 22nd December, when UK GDP...

CATEGORIES: Pound Dollar Forecasts

GBP CAD Exchange Rate Recovers Ground After Mixed Canadian Data

22 Dec 2017 at 2 PM - Written by Frank Davies

STORY LINK GBP CAD Exchange Rate Recovers Ground After Mixed Canadian Data

An upwards revision to the finalised third quarter UK gross domestic product failed to lift the Pound Canadian Dollar exchange rate ahead of the weekend. While the headline figure was positive, rising from 1.5% to 1.7%, this was overshadowed by more disappointing details within the report. Investors were particularly discouraged by the...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP AUD Exchange Rate Slips on Faltering UK Consumer Confidence

21 Dec 2017 at 2 PM - Written by Ben Hughes

STORY LINK GBP AUD Exchange Rate Slips on Faltering UK Consumer Confidence

An unexpected dip in December’s GfK consumer confidence index saw the Pound Australian Dollar exchange rate struggling to gain any real traction. Investors were not encouraged to find that the index had slipped from -12 to -13, indicating that consumers are ending the year on a more negative note. This continued decline is largely...

CATEGORIES: Pound Australian Dollar Forecasts

GBP AUD Exchange Rate Weakness Persists on RBA Optimism and USD Softness

20 Dec 2017 at 2 PM - Written by Frank Davies

STORY LINK GBP AUD Exchange Rate Weakness Persists on RBA Optimism and USD Softness

Weakness persisted in the Pound Australian Dollar (GBP AUD) exchange rate on Wednesday, with the relative softness for the US Dollar and recent optimism from the Reserve Bank of Australia (RBA) extending the ‘Aussie’ Dollar’s gains. USD Fails to Capitalise on Trump Tax, AUD Exchange Rates Extend Lead The vote on Republican tax...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP CAD Exchange Rate Trends Lower as UK Retail Sales Lose Momentum

20 Dec 2017 at 12 PM - Written by David Woodsmith

STORY LINK GBP CAD Exchange Rate Trends Lower as UK Retail Sales Lose Momentum

While markets had anticipated a slowdown in the CBI reported retail sales measure for December this still left the Pound Canadian Dollar exchange rate on a weaker footing. Investors were not particularly encouraged by the confirmation that consumer spending had lost further momentum on the month, reflecting the ongoing wage squeeze. The...

CATEGORIES: Pound Canadian Dollar Forecasts

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