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American Dollar Forecast Directory - Page #297

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

GBP to CAD Exchange Rate Holds Near Four-Month-High after Poor Canadian Growth Stats

1 Nov 2017 at 2 PM - Written by Minesh Chaudhari

STORY LINK GBP to CAD Exchange Rate Holds Near Four-Month-High after Poor Canadian Growth Stats

Market hopes for developments in the Brexit process, as well as underwhelming Canadian ecostats, have left the British Pound to Canadian Dollar exchange rate easily advancing this week. The pair could climb higher depending on Thursday’s Bank of England (BoE) decision too. Sterling’s recovery has continued this week, as GBP/CAD opened...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP USD Exchange Rate Trends Higher on Stronger UK Manufacturing Sector

1 Nov 2017 at 10 AM - Written by Frank Davies

STORY LINK GBP USD Exchange Rate Trends Higher on Stronger UK Manufacturing Sector

An unexpected uptick in the UK manufacturing PMI for October helped to support the Pound US Dollar exchange rate, encouraging greater confidence in the domestic outlook. The index strengthened from 56.0 to 56.3 on the month, indicating that the manufacturing sector is continuing to experience solid growth in spite of persistent...

CATEGORIES: Pound Dollar Forecasts

Pound Rallies against Canadian Dollar as EU Negotiator Accelerates Brexit Talks

31 Oct 2017 at 3 PM - Written by Toni Johnson

STORY LINK Pound Rallies against Canadian Dollar as EU Negotiator Accelerates Brexit Talks

On Monday, the Pound made a day-long advance against the Canadian Dollar. GBP opened trading in the region of 1.6853, later closing higher at a rate of 1.6946. This was brought on by high hopes of a Bank of England (BoE) interest rate hike this week, a sentiment that has been prevailing even today. Pound Surges after EU’s Barnier...

CATEGORIES: Pound Canadian Dollar Forecasts

High-Stakes BoE Rate Decision Triggers GBP/NZD Rally

30 Oct 2017 at 5 PM - Written by James Fuller

STORY LINK High-Stakes BoE Rate Decision Triggers GBP/NZD Rally

During the previous week, the Pound saw a rise of over a cent against the New Zealand Dollar, from Monday’s opening rate of 1.8979 to close higher at 1.9091 on Friday. This was not the best weekly rate, however, as on Wednesday the GBP/NZD pairing rose to 1.9314. GBP NZD Exchange Rate Surges as Traders Price in BoE Rate Hike The...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP CAD Shrugs Off Rising Oil Prices Ahead of BoE Rate Decision

30 Oct 2017 at 1 PM - Written by David Woodsmith

STORY LINK GBP CAD Shrugs Off Rising Oil Prices Ahead of BoE Rate Decision

While oil prices remained on a bullish trend at the start of the week this was not enough to knock the Pound Canadian Dollar exchange rate off its uptrend. Even with Brent crude trending above the psychologically important US$60 per barrel mark a general sense of market risk aversion kept the Canadian Dollar on a weaker...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to USD Exchange Rate Slides as Investors Await US Growth Stats

27 Oct 2017 at 11 AM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Slides as Investors Await US Growth Stats

Investors are becoming increasingly optimistic about the chances of a December Federal Reserve interest rate hike and are more uncertain about the possibility of a Bank of England (BoE) rate hike in November, which has caused the British Pound to US Dollar exchange rate to plunge. At the time of writing this article, the GBP/USD exchange...

CATEGORIES: Pound Dollar Forecasts

GBP NZD Exchange Rate Drops on Mixed Signals for Brexit Process

26 Oct 2017 at 11 AM - Written by Frank Davies

STORY LINK GBP NZD Exchange Rate Drops on Mixed Signals for Brexit Process

On Wednesday, the Pound rose dramatically against the New Zealand Dollar. The GBP NZD pairing advanced from an initial rate of 1.9000, later closing higher at 1.9257. GBP Loses Ground on Contrasting Statements on Brexit Vote The Pound was in extremely high demand against the New Zealand Dollar on Wednesday, but has since dropped by...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP CAD Exchange Rate Skyrockets as UK GDP Shows Unexpected Growth

25 Oct 2017 at 4 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Skyrockets as UK GDP Shows Unexpected Growth

The Pound Canadian Dollar (GBP CAD) exchange rate surged close to a four-month high today following an unexpected uptick in the UK’s GDP figures in third quarter. Pound (GBP) Surges as GDP Beats Expectations Sterling sentiment shot higher earlier this morning as data showed that the UK economy grew faster than expected during the...

CATEGORIES: Pound Canadian Dollar Forecasts

Higher UK GDP Growth Triggers Pound to Australian Dollar Rally

25 Oct 2017 at 11 AM - Written by David Woodsmith

STORY LINK Higher UK GDP Growth Triggers Pound to Australian Dollar Rally

On Tuesday’s trading session, the Pound made a minor decline against the Australian Dollar. GBP opened trading in the region of 1.6902, later closing lower at 1.6888. UK GDP Growth Ticks Up, Sending Pound Soaring The Pound has been strongly supported by UK domestic data today, although it has not been especially impressive in the...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to USD Exchange Rate Fluctuates as Investors Speculate on Next Possible Fed Chair

24 Oct 2017 at 1 PM - Written by Minesh Chaudhari

STORY LINK GBP to USD Exchange Rate Fluctuates as Investors Speculate on Next Possible Fed Chair

Market jitters about the Brexit process have eased in recent sessions, but now concerns about the Bank of England (BoE) policy outlook are weighing on the British Pound to US Dollar exchange rate outlook instead. The US Dollar has been unable to capitalise due to Federal Reserve Chair uncertainty. Volatility in both currencies has caused...

CATEGORIES: Pound Dollar Forecasts

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