American Dollar Forecast Directory - Page #307
A round up of the latest American Dollar forecast news items from the Currency News desk.
GBP USD Exchange Rate Under Pressure as UK Inflation Fails to Accelerate
15 Aug 2017 at 1 PM - Written by Frank Davies
STORY LINK GBP USD Exchange Rate Under Pressure as UK Inflation Fails to Accelerate
Investors were not impressed by the latest UK consumer price index data, leaving the Pound US Dollar exchange rate on a sharp slump.
As inflation unexpectedly held steady at 2.6% on the year in July this further undermined bets that the Bank of England (BoE) could still raise interest rates before the end of the year.
Signs continued to...
CATEGORIES: Pound Dollar Forecasts
GBP to USD Exchange Rate Investors Await US Inflation Results
11 Aug 2017 at 11 AM - Written by Tim Boyer
STORY LINK GBP to USD Exchange Rate Investors Await US Inflation Results
Despite strong demand for ‘safe haven’ currencies this week, the British Pound to US Dollar exchange rate has only seen modest losses. The pair could see a stronger shift in movement when US inflation results are published.
After opening this week at the level of 1.3037, GBP/USD slipped slightly and has trended near a three-week-low of...
CATEGORIES: Pound Dollar Forecasts
Widening UK Trade Deficit Limits GBP CAD Exchange Rate Gains
10 Aug 2017 at 1 PM - Written by David Woodsmith
STORY LINK Widening UK Trade Deficit Limits GBP CAD Exchange Rate Gains
An unexpected widening of the UK trade deficit weighed on the Pound Canadian Dollar exchange rate, even though a general sense of risk aversion prevented any particular weakness.
Markets were not impressed to see this fresh deterioration in the UK’s trade balance, however, as uncertainty over Brexit continues to hang over the domestic...
CATEGORIES: Pound Canadian Dollar Forecasts
AUD NZD Exchange Rate Rockets Higher after RBNZ Policy Meeting
10 Aug 2017 at 11 AM - Written by John Cameron
STORY LINK AUD NZD Exchange Rate Rockets Higher after RBNZ Policy Meeting
The Australian Dollar New Zealand Dollar (AUD NZD) exchange rate surged in overnight trade on Wednesday as markets reacted poorly to the Reserve Bank of New Zealand’s (RBNZ) decision to leave interest rates unchanged in August.
New Zealand Dollar’s (NZD) Plummets as RBNZ Leaves Rates on Hold
The New Zealand Dollar nosedived against...
CATEGORIES: Australian Dollar Forecasts
GBP to AUD Exchange Rate Edges Higher as Markets Become Risk-Averse
9 Aug 2017 at 1 PM - Written by Ben Hughes
STORY LINK GBP to AUD Exchange Rate Edges Higher as Markets Become Risk-Averse
A rise in market risk-aversion on Wednesday has helped the British Pound to Australian Dollar exchange rate to advance from its weekly lows, despite the latest Australian data falling short of market expectations.
After broad Pound weakness last week left GBP/AUD at the level of 1.6441, the pair touched on a low of 1.6396 yesterday. Since...
CATEGORIES: Pound Australian Dollar Forecasts
GBP NZD Exchange Rate Rally Forecast Ahead of Dovish RBNZ Policy Meeting
8 Aug 2017 at 2 PM - Written by Frank Davies
STORY LINK GBP NZD Exchange Rate Rally Forecast Ahead of Dovish RBNZ Policy Meeting
A fresh bout of Brexit-based uncertainty helped to keep the Pound New Zealand Dollar exchange rate under pressure at the start of the week.
Clarity over the likely outcome of negotiations remained distinctly lacking as a result of conflicting reports regarding the size of the UK’s divorce bill, and what the government might be willing to...
CATEGORIES: Pound New Zealand Dollar Forecasts
US Dollar to British Pound Exchange Rate Sturdy on US Non-Farm Payrolls
7 Aug 2017 at 1 PM - Written by James Fuller
STORY LINK US Dollar to British Pound Exchange Rate Sturdy on US Non-Farm Payrolls
Last week saw the US Dollar to British Pound exchange rate briefly hit its worst levels all year, but Sterling was unable to hold those gains due to the latest Bank of England (BoE) decision and US Non-Farm Payroll news.
After beginning last week at around 0.7614, USD/GBP tumbled and hit a 2017 low of 0.7543. After that the pair recovered...
CATEGORIES: Dollar Pound Forecasts
GBP to USD Exchange Rate Sheds Week?s Gains Ahead of US NFP Report
4 Aug 2017 at 12 PM - Written by Minesh Chaudhari
STORY LINK GBP to USD Exchange Rate Sheds Week?s Gains Ahead of US NFP Report
Despite broad US Dollar weakness lately, the British Pound to US Dollar exchange rate shed its weekly gains on Thursday as investors reacted to the latest Bank of England (BoE) news and awaited Friday’s key US data.
The pair currently trends near the week’s opening levels of 1.3132, but as recently as yesterday GBP/USD hit a fresh 2017...
CATEGORIES: Pound Dollar Forecasts