Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #304

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

The Euro to Dollar Rate Drops Below 1.20 Handle as Fresh Signs of ECB Dovishness Weigh Heavily on EUR

11 Sep 2017 at 1 PM - Written by Frank Davies

STORY LINK The Euro to Dollar Rate Drops Below 1.20 Handle as Fresh Signs of ECB Dovishness Weigh Heavily on EUR

The euro to dollar exchange rate has fallen below the 1.20 handle during the European session, quoted at 1.19955 on Monday, September 11. As the latest round of commentary from European Central Bank (ECB) policymakers proved rather dovish in nature this kept the EUR/USD on a weaker footing at the start of the week. Investors were not...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

Pound to Dollar (GBP/USD) Exchange Rate Forecast: "Limited Downside Risk and Firm Support in Upper 1.31s"

10 Sep 2017 at 11 AM - Written by John Cameron

STORY LINK Pound to Dollar (GBP/USD) Exchange Rate Forecast: "Limited Downside Risk and Firm Support in Upper 1.31s"

"Sterling [GBP/USD] seems to be setting itself up for a bit of a squeeze higher in the near-term. Minor consolidation price action late last week has given away to renewed gains so far on the session and a retest of Friday’s high. We see gains extending above 1.3220 towards the upper 1.32s near-term as trend strength oscillators are aligned...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

Canadian Dollar Outperforms the British Pound, Euro and US Dollar as "CAD Retains Strong Technical, Fundamental Undertone"

10 Sep 2017 at 11 AM - Written by David Woodsmith

STORY LINK Canadian Dollar Outperforms the British Pound, Euro and US Dollar as "CAD Retains Strong Technical, Fundamental Undertone"

"The CAD has risen more than 11% against the USD. Too much, too quickly? Possibly; CAD may steady in the short run but there is no real sign of valuation stretch in the decline in USDCAD at this point. Our high-frequency fair value model suggests a fundamental equilibrium of 1.1920 or so for USDCAD currently, which largely reflects the yield/...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Pound Canad Forecasts

Pound to Australian Dollar Rate Tests 1.65 Handle as GBP Firms Before UK Inflation Data

10 Sep 2017 at 11 AM - Written by John Cameron

STORY LINK Pound to Australian Dollar Rate Tests 1.65 Handle as GBP Firms Before UK Inflation Data

The British pound to Australian dollar exchange rate is just below the 1.65 handle as UK traders await the latest inflation data release today. GBP/AUD is quoted at 1.64199 on Tuesday, September 12 (08:30 GMT) ahead of the day's key release (see live data here) "Sterling is up slightly ahead of today’s inflation data and Thursday’s...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

GBP to USD Exchange Rate Continues its Climb as UK Manufacturing Impresses

8 Sep 2017 at 12 PM - Written by Minesh Chaudhari

STORY LINK GBP to USD Exchange Rate Continues its Climb as UK Manufacturing Impresses

Despite mixed UK data over the past week, investors have been buying the undervalued Pound from its lows, helping the British Pound to US Dollar to advance. The ‘Greenback’ has been held back by underwhelming US data and low Fed rate hike bets. After a modest gain last week, the GBP/USD exchange rate has seen a much stronger climb in...

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar (GBP CAD) Plummets as BoC Announces Surprise Rate Hike

7 Sep 2017 at 12 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP CAD) Plummets as BoC Announces Surprise Rate Hike

The Pound to Canadian Dollar exchange rate plummeted to its lowest levels since January yesterday as the Bank of Canada (BoC) announced a surprise rate hike. The BoC raised its key interest rate to 1.0%, less than a week after Canada’s Q2 gross domestic product (GDP) data exceeded expectations by accelerating at a pace of 4.5% (the...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions

The Pound to Australian Dollar Exchange Rate Holds 1.28 as Aussie Retail Sales Disappoints

7 Sep 2017 at 10 AM - Written by Toni Johnson

STORY LINK The Pound to Australian Dollar Exchange Rate Holds 1.28 as Aussie Retail Sales Disappoints

The Pound to Australian Dollar exchange rate is hovering around the daily open, quoted at 1.62857 on Thursday, 7 September. Aussie Retail Sales printed at just 0.0%, 0.2% below market expectations. The Aussie has seen weakness on foreign exchange markets after the most recent Australian ecostats have failed to impress markets. After...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

Pound vs Dollar: GBP/USD Exchange Rate Climbs on Norway?s Vote of Confidence

5 Sep 2017 at 4 PM - Written by Ben Hughes

STORY LINK Pound vs Dollar: GBP/USD Exchange Rate Climbs on Norway?s Vote of Confidence

The Pound to US Dollar exchange rate climbed today (despite some disappointing data releases) on news that the world’s largest sovereign wealth fund has issued a vote of confidence in Sterling. Norway’s $1 trillion oil fund has advised sweeping changes to its $333bn bond portfolio that include dropping the Japanese Yen (JPY) as well as...

CATEGORIES: American Dollar Forecasts Currency Predictions Pound Dolla Forecasts

The Euro to Dollar Rate (EUR/USD) Climbs before Thursday?s ECB Meeting

4 Sep 2017 at 4 PM - Written by Ben Hughes

STORY LINK The Euro to Dollar Rate (EUR/USD) Climbs before Thursday?s ECB Meeting

The Euro to Dollar exchange rate started this week on broadly solid footing, with markets still digesting last week’s disappointing run of US data releases and the escalating crisis with North Korea. The ‘Greenback’ is somewhat bearish today, experiencing thin trading as a result of today being the US Labour Day Holiday. The Euro,...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

Near-Term Pound to Australian Dollar Exchange Rate Outlook: RBA Meeting & UK Services PMI

3 Sep 2017 at 8 AM - Written by John Cameron

STORY LINK Near-Term Pound to Australian Dollar Exchange Rate Outlook: RBA Meeting & UK Services PMI

The Pound to Australian Dollar exchange rate is hovering around opening levels on Monday September 4, quoted at 1.62798 (12:00 GMT. The near-term risk event for GBP/AUD trading is the RBA meeting overnight and Tuesday's UK Services PMI, which is expected to disappoint. "Looking ahead, GBP/AUD is likely to struggle on Tuesday 5th...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today