Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #293

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

GBP to USD Exchange Rate Remains Near Weekly Highs Despite Tax Bill Passage

20 Dec 2017 at 11 AM - Written by James Fuller

Despite a lack of supportive factors in Pound trade, the British Pound to US Dollar exchange rate has advanced from its recent lows this week. Amid uncertainty about the 2018 US economic outlook, the US Dollar was unable to benefit from news that the US tax bill had passed major obstacles in Congress. After slipping from 1.3385 to 1.3321...

CATEGORIES: Pound Dollar Forecasts

GBP AUD Exchange Rate Strengthens as CBI Factory Orders Hold Steady

18 Dec 2017 at 3 PM - Written by John Cameron

The Pound Australian Dollar (GBP AUD) exchange rate is rallying this morning as the Confederation for British Industry’s monthly industrial orders beat expectations this morning. Pound (GBP) Bolstered by CBI Factory Figures The Pound was strengthened this morning as the data revealed that UK factory orders beat expectations in...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/USD Exchange Rate Rises ahead of CBI Stats and Tax Vote

18 Dec 2017 at 11 AM - Written by Frank Davies

The Pound ultimately lost ground to the US Dollar last week, owing to high uncertainty about Brexit. The GBP/USD exchange rate opened in the region of 1.3394 on Monday, later closing down lower at 1.3324 late on Friday. The week’s best pairing exchange rate was 1.3453, while the worst was 1.3306. GBP/USD Rate Rises despite Concerns...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Holds Steady ahead of EU Summit Vote

15 Dec 2017 at 11 AM - Written by John Cameron

The Pound US Dollar (GBP USD) exchange rate is holding steady this morning as investors await a vote from EU leaders later today on whether to move to the second stage of Brexit talks. Sterling Steady ahead of Key EU Vote on Brexit The Pound is holding its ground this morning as investors await the EU vote on Brexit later today. EU...

CATEGORIES: Pound Dollar Forecasts

GBP/CAD Exchange Rate Rises after BoE Keeps Interest Rates on Hold

14 Dec 2017 at 5 PM - Written by David Woodsmith

On Wednesday’s trading session, the Pound made a tentative rise against the Canadian Dollar. The pairing opened trading in the region of 1.7140, later advancing to the 1.7186 by close of trading. Pound Trades Higher after BoE Prepares Traders for 2018 Today’s big news has concerned the Bank of England (BoE), which has left UK...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP AUD Exchange Rate Rally Cut Short by BoE Rate Decision

14 Dec 2017 at 2 PM - Written by John Cameron

The Pound Australian Dollar (GBP AUD) exchange rate retreated from its early gains this morning as investors reacted to the Bank of England’s (BoE) latest rate decision. Pound (GBP) Weakened by BoE Caution After initially strengthening this morning following a surprise surge in domestic retail sales in November the Pound was forced...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/USD Up on Strong UK Retail Sales Figures as BoE Announcement Approaches

14 Dec 2017 at 11 AM - Written by Toni Johnson

The Pound Sterling to US Dollar exchange rate is currently recording solid gains today after the latest retail sales figures boost forecast. The GBP/USD pairing has climbed 0.2% to 1.3433 this morning, helped by a predictable outcome from the latest Federal Open Market Committee (FOMC) meeting that triggered a round of profit-taking on the...

CATEGORIES: Pound Dollar Forecasts

GBP/AUD Sinks Even as UK Wage Uptick Boosts Pound Elsewhere

13 Dec 2017 at 3 PM - Written by Toni Johnson

The Pound Sterling to Australian Dollar exchange rate continues to decline today, despite strength for GBP elsewhere. The GBP/AUD exchange rate is down 0.3% to 1.7577 as the Australian Dollar rises on the back of strong consumer confidence figures and weak demand for the safe-haven US Dollar. GBP Falls even as UK Wage Growth Uptick...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to USD Exchange Rate Fluctuates on Rising UK Inflation

12 Dec 2017 at 1 PM - Written by James Fuller

A higher than expected UK Consumer Price Index (CPI) report had little effect on the British Pound to US Dollar exchange rate on Tuesday. Investors of both currencies are anticipating key data and central bank news coming later in the week. Following last week’s slip from 1.3475 to 1.3385, GBP/USD has continued to trend lower. On Tuesday...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Drops after Warning Signs from EU?s Verhofstadt

12 Dec 2017 at 12 PM - Written by David Woodsmith

On Monday’s trading session, the Pound slipped against the US Dollar due to a lack of supportive UK data. The GBP/USD exchange rate opened in the region of 1.3395 early on Monday, but closed down at 1.3347 by the end of the day. Growing Concerns over Brexit-based Damage Weigh on GBP/USD Exchange Rate The Pound has seen a small...

CATEGORIES: Dollar Pound Forecasts