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Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #300

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

Hawkish Statements from Fed?s Powell Push US Dollar to Pound Rate Higher

5 Oct 2017 at 3 PM - Written by David Woodsmith

On Wednesday, the US Dollar advanced slightly against the Pound, from a starting rate of 0.7539 to close at 0.7556. US Dollar Advances after Trio of Fed Speeches Three Federal Reserve officials have recently spoken, facilitating a clear US Dollar to Pound rise. The USD GBP exchange rate has risen by as much as 0.7%, thanks to general...

CATEGORIES: Dollar Pound Forecasts

GBP NZD Slides on Disappointing S&P Assessment of UK Economy

5 Oct 2017 at 2 PM - Written by John Cameron

The Pound New Zealand Dollar exchange rate fell today on the threat of a possible Conservative leadership challenge and a disappointing assessment of the UK’s economy by ratings agency Standard & Poor’s (S&P). S&P Insists UK Economy Not Strong Enough to Warrant Rate Hike – GBP Stumbles The S&P ratings agency has asserted that it...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

GBP USD Exchange Rate Rises as UK Services PMI Rises

4 Oct 2017 at 4 PM - Written by John Cameron

The Pound US Dollar (GBP USD) exchange rate rebounded from a week-week low today as investors became a little more upbeat following the release of the UK’s latest Service PMI. Sterling Strengthened by Service PMI The Pound stuck higher against the US Dollar this morning after two consecutive days of decline as markets welcomed an...

CATEGORIES: Pound Dollar Forecasts

Daily GDP NZD Update: Pound Ticks Up on Higher Services Score

4 Oct 2017 at 3 PM - Written by Frank Davies

On Tuesday’s trading session, the Pound advanced slightly against the New Zealand Dollar. Opening at an exchange rate of 1.8467, the GBP/NZD pairing later closed at 1.8484. Today’s Pound Influencers – Higher UK Services Score but ‘Disastrous’ May Speech Today’s primary UK economic data has covered PMIs, which look at the...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP AUD Fluctuates as the UK?s Service Sector Demonstrates Growth

4 Oct 2017 at 2 PM - Written by Toni Johnson

The Pound Australian Dollar exchange rate has fluctuated today with the ‘Aussie’ Dollar initially taking the lead on the relative weakness of the US Dollar, before the UK’s robust service sector PMI successfully propelled Sterling to the forefront in the afternoon. GBP Climbs on Wednesday’s Robust PMI Data The Pound inched...

CATEGORIES: Australian Dollar Forecasts

Daily GBP AUD Update: Pound Sheds Gains over Poor UK Construction Performance

3 Oct 2017 at 4 PM - Written by James Fuller

On Monday’s trading session, the Pound fell by over a cent against the Australian Dollar. From an opening exchange rate of 1.7066, the GBP/AUD pairing later closed in the area of 1.6951. Pound Dips against Australian Dollar on Construction Disappointment A surprise sign of contraction in the UK construction industry has damaged Pound...

CATEGORIES: Pound Australian Dollar Forecasts

GBP CAD Slides as Construction in the UK Contracts

3 Oct 2017 at 3 PM - Written by John Cameron

The Pound Canadian Dollar exchange rate stumbled today as markets reacted to a disappointing UK Markit construction PMI and revelations from the current Conservative Party Conference in Manchester. UK Construction Contracts for the First Time in Over a Year – GBP Devalued Britain’s construction sector contracted for the first time...

CATEGORIES: Currency Predictions Pound Canadian Dollar Forecasts

GBP NZD Tumbles as UK Manufacturing Disappoints

2 Oct 2017 at 3 PM - Written by Frank Davies

The Pound New Zealand Dollar exchange rate tumbled today as markets responded to news that UK manufacturing activity slipped below forecasts in September. UK IHS Markit Manufacturing PMI Misses its Mark – GBP Falls The IHS Markit UK manufacturing PMI dropped to 55.9 in September, below the downwardly revised 56.7 figure in August and...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

GBP CAD Exchange Rate Slumps over Concerns for UK Manufacturing Sector

2 Oct 2017 at 2 PM - Written by John Cameron

The Pound Canadian Dollar (GBP CAD) exchange rate slipped at the start of this week’s session as markets grew increasingly concerned over the state of the UK’s manufacturing sector. Pound (GBP) Tumbles as Manufacturing PMI Misses Sterling sentiment took a hit this morning as a disappointing Manufacturing PMI and bleak report about...

CATEGORIES: Pound Canadian Dollar Forecasts

Disappointing UK Data Leaves GBP USD Exchange Rate in Sharp Slump

29 Sep 2017 at 12 PM - Written by Frank Davies

The latest raft of UK data failed to inspire confidence amongst investors, prompting the Pound US Dollar exchange rate to extend its slump further. Markets were disappointed by an unexpected downwards revision to the second quarter UK gross domestic product, which was lowered from 1.7% to 1.5%. While the quarterly figure held steady...

CATEGORIES: Pound Dollar Forecasts