Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #296

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

GBP USD Exchange Rate Plummets on Fears of Further Government Disruption

13 Nov 2017 at 4 PM - Written by Tim Boyer

Last week, the Pound saw a slight advance against the US Dollar. The pairing exchange rate opened in the region of 1.3067 on Monday, later closing higher around 1.3190 late on Friday. Pound Slumps on Fresh Political Fears The GBP USD exchange rate has been in a sharp decline today, owing to growing concerns about the future of the...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Recovers Ground on Positive UK Trade Data

10 Nov 2017 at 12 PM - Written by David Woodsmith

A generally better-than-expected raft of UK trade and production data offered the Pound US Dollar exchange rate support ahead of the weekend. Markets were pleasantly surprised to find that September’s visible trade deficit had narrowed to -11.2 billion, rather than the -12.8 billion that had been forecast. While a significant degree...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Tumbles as Government Instability Prompts Brexit Concerns

9 Nov 2017 at 2 PM - Written by John Cameron

The Pound US Dollar (GBP USD) exchange rate tumbled this morning as investors fear that the recent chaos in the UK government will hamper Brexit negotiations Sterling Weakened by Apparent Political Instability/ The Pound beat a hasty retreat against the US Dollar earlier this morning as markets became increasingly downbeat on the...

CATEGORIES: Pound Dollar Forecasts

GBP to NZD Exchange Rate Plunges to Multi-Week-Lows on RBNZ Decision

9 Nov 2017 at 11 AM - Written by Minesh Chaudhari

An unexpectedly hawkish Reserve Bank of New Zealand (RBNZ) during Thursday’s Asian session caused the British Pound to New Zealand Dollar exchange rate to plunge to new weekly lows. Sterling movement has been mixed due to domestic political uncertainties. After opening the week at 1.8934 and climbing to a high of 1.9089 earlier in the...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to USD Exchange Rate Falls to Near Week?s Opening Levels on UK Political Uncertainty

8 Nov 2017 at 5 PM - Written by Toni Johnson

A lack of strong UK economic data as well as fresh UK political uncertainties caused the British Pound to US Dollar exchange rate to fall back from its weekly highs on Wednesday. The US Dollar struggled to capitalise due to tax reform uncertainty. After trending near a high of 1.3175 for most of the week so far, the GBP/USD exchange rate...

CATEGORIES: Pound Dollar Forecasts

GBP CAD Exchange Rate Slumps Sharply as US Banks Signal Brexit Concerns

8 Nov 2017 at 11 AM - Written by Frank Davies

Confidence in the Pound diminished sharply in the wake of reports that the major US banks are moving closer to implementing their hard Brexit contingency plans. With jobs looking set to be relocated from London back to the US and other European capitals this does not bode well for the UK outlook. Unless the government can secure a...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP AUD Exchange Rates Gain on Renewed Brexit Confidences

6 Nov 2017 at 5 PM - Written by John Cameron

The Pound Australian Dollar exchange rate soared today, bolstered by a the possibility of a dovish Reserve Bank of Australia (RBA) rate decision tomorrow and filled with fresh Brexit related optimism after comments from UK Prime Minister Theresa May. May Assuages Cliff-Edge Brexit Anxieties – GBP Exchange Rates Climb Theresa May...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

Pound US Dollar Exchange Rate Recovers Ground on Strong UK Services PMI

3 Nov 2017 at 10 AM - Written by Tim Boyer

Although the Bank of England (BoE) opted to raise interest rates at its November policy meeting this failed to buoy the Pound US Dollar exchange rate. In fact, Sterling slumped sharply in the wake of the announcement as investors were discouraged by the less hawkish nature of the accompanying meeting minutes and Inflation Report. As the...

CATEGORIES: Pound Dollar Forecasts

Pound to New Zealand Dollar Exchange Rate Plummets after BoE Interest Rate Hike

2 Nov 2017 at 1 PM - Written by David Woodsmith

Before today’s catastrophic devaluation of the Pound, the GBP/NZD pairing had been making progressive gains over the week. The Pound to New Zealand Dollar rate started off around 1.9147 on Monday, later hitting a peak of 1.9420 on Tuesday. Since then, the pairing has declined, sliding from 1.9273 to 1.9237 on Wednesday’s trading...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP USD Exchange Rates Inch Backwards Ahead of BoE Rate Announcement

2 Nov 2017 at 11 AM - Written by David Woodsmith

The Pound US dollar exchange rate pared some gains this morning as markets grew increasingly skittish before the big Bank of England (BoE) widely anticipated rate announcement. GBP Exchange Rates Slide as Markets Prove Wary Ahead of BoE Decision The Pound slid against the US Dollar this morning, despite UK data releases this week...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts