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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

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 NZD Exchange Rate Update: Sterling Up 0.3% with NZ in ?Productivity Recession?

14 Aug 2017 at 4 PM - Written by James Fuller

The Pound’s gains against the New Zealand Dollar today are primarily due to the latter’s weakness, rather than any particularly good UK news. GBP Recap: Pound Advances despite Brexit Fears Ahead of a high-impact inflation rate announcement, the Pound has risen against the New Zealand Dollar. This comes on a week where UK...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to USD Exchange Rate Investors Await US Inflation Results

11 Aug 2017 at 11 AM - Written by Tim Boyer

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

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

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

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

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

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

Pound Australian Dollar (GBP AUD) Drops after ?Super Thursday?s? Dovish BoE Announcement

4 Aug 2017 at 5 PM - Written by John Cameron

The Pound to Australian Dollar (GBP AUD) exchange rate plummeted yesterday after a spate of dovish announcements from the Bank of England (BoE). As forecast, the BoE took a particularly dovish tone, announcing that it will be keeping interest rates on hold at 0.25% with a vote of 6-2. Notably, however, the bank also surprisingly...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP to USD Exchange Rate Sheds Week?s Gains Ahead of US NFP Report

4 Aug 2017 at 12 PM - Written by Minesh Chaudhari

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