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American Dollar Forecast Directory - Page #308

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

GBP/USD Rises on ?Super Thursday? After Services PMI Beats Forecasts

3 Aug 2017 at 11 AM - Written by Toni Johnson

STORY LINK GBP/USD Rises on ?Super Thursday? After Services PMI Beats Forecasts

The British Pound to US Dollar exchange rate has struck a fresh 11-month high today in anticipation of the upcoming Bank of England (BoE) releases. GBP/USD is trading at $1.3251, supported also by a stronger-than-expected uptick in the UK’s latest services PMI. Britain’s dominant sector saw the purchasing manager’s index from...

CATEGORIES: Pound Dollar Forecasts

GBP to NZD Exchange Rate Surges as New Zealand Unemployment Disappoints

2 Aug 2017 at 12 PM - Written by Ben Hughes

STORY LINK GBP to NZD Exchange Rate Surges as New Zealand Unemployment Disappoints

After poor performance in recent weeks, the British Pound to New Zealand Dollar exchange rate is surging this week as demand for risk-correlated currencies drops and New Zealand’s latest ecostats disappoint. After opening the week at the low level of 1.7476, GBP/NZD has made a strong recovery. On Wednesday the pair hit a fresh...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP AUD Exchange Rate Soars as RBA Warns of Pressures on the Australian Economy

1 Aug 2017 at 10 AM - Written by Toni Johnson

STORY LINK GBP AUD Exchange Rate Soars as RBA Warns of Pressures on the Australian Economy

The Pound Australian Dollar (GBP AUD) exchange rate jumped last night as RBA voted to hold interest rates at a record low of 1.5%. Australian Dollar’s (AUD) Slumps Following RBA Rate Decision The ‘Aussie’ initially rallied overnight on Monday as an unexpected rise in Australia’s latest Manufacturing PMI and a 7% jump in iron ore...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate Forecast to Strengthen Further on Neutral RBA Outlook

31 Jul 2017 at 5 PM - Written by Frank Davies

STORY LINK Pound Australian Dollar Exchange Rate Forecast to Strengthen Further on Neutral RBA Outlook

Even though UK consumer credit rose to more than 200 billion in June the Pound Australian Dollar exchange rate remained on a bullish run. While this marked the highest level of unsecured consumer credit since the 2008 financial crisis investors continued to favour the Pound throughout Monday’s European session. In part this was thanks...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to USD Exchange Rate Slips as ?Greenback? Recovers

31 Jul 2017 at 4 PM - Written by John Cameron

STORY LINK GBP to USD Exchange Rate Slips as ?Greenback? Recovers

While bets that the Federal Reserve will hike US interest rates again before the end of 2017 have fallen, the British Pound to US Dollar exchange rate slipped on Monday as investors bought the US Dollar after poor performance last week. Due largely to US Dollar weakness, GBP/USD advanced from 1.2994 to 1.3132 during last week’s trade. ...

CATEGORIES: Pound Dollar Forecasts

Rip-roaring Canadian GDP Sends Pound Sterling Canadian Dollar (GBP CAD) Tumbling

28 Jul 2017 at 5 PM - Written by James Fuller

STORY LINK Rip-roaring Canadian GDP Sends Pound Sterling Canadian Dollar (GBP CAD) Tumbling

• Pound Sterling / Canadian Dollar Slips to 1.6279 – Canadian Dollar / Pound Sterling Hits 0.6136 • Canadian GDP Beats Expectations – Rate hike bets increase • Pound Bolstered by Talks of a Softer Brexit – Proposals of Transitionary Period Assuage Some Fears The Pound to Canadian Dollar exchange rate took a sharp tumble today...

CATEGORIES: Canadian Dollar Forecasts

GBP USD Exchange Rate Under Pressure Ahead of Second Quarter US GDP

28 Jul 2017 at 10 AM - Written by David Woodsmith

STORY LINK GBP USD Exchange Rate Under Pressure Ahead of Second Quarter US GDP

Some of the air went out of the Pound US Dollar exchange rate’s sails in the wake of a disappointing UK GfK consumer confidence index, which edged deeper into negative territory. Clocking in at -12 the survey returned to the lows seen in the immediate wake of the Brexit vote, with consumers showing increased concern over their finances...

CATEGORIES: Pound Dollar Forecasts

GBP AUD Exchange Rate Mounts Recovery as Retail Sales Pick up in July

27 Jul 2017 at 12 PM - Written by Toni Johnson

STORY LINK GBP AUD Exchange Rate Mounts Recovery as Retail Sales Pick up in July

The Pound Australian Dollar (GBP AUD) exchange rate has rallied this morning, recouping around half a cent in the losses which the pairing posted overnight on Wednesday. Pound (GBP) Rallies as CBI Reports Jump in Retail Sales The Pound managed to recoup some of its overnight losses against the Australian Dollar this morning following...

CATEGORIES: Pound Australian Dollar Forecasts

GBP USD Exchange Rate Dips on Worrying UK GDP Figures

26 Jul 2017 at 12 PM - Written by John Cameron

STORY LINK GBP USD Exchange Rate Dips on Worrying UK GDP Figures

The Pound US Dollar (GBP USD) exchange rate continues to slide this morning as the UK’s GDP figures did little to bolster confidence in the UK economy. Lacklustre UK GDP Appears to Confirm Economic Slowdown Sterling struggled to repel the US Dollar’s advance this morning as the first estimate of the UK’s second quarter GDP was...

CATEGORIES: Pound Dollar Forecasts

USD/JPY Rises as US Consumer Confidence Hits Second-Highest Level Since 2000

25 Jul 2017 at 4 PM - Written by Toni Johnson

STORY LINK USD/JPY Rises as US Consumer Confidence Hits Second-Highest Level Since 2000

A combination of strong US data and caution from the Bank of Japan (BOJ) has allowed the US Dollar to Japanese Yen exchange rate to climb 0.3%. USD/JPY is now trending around 111.5300. US Dollar Rises as US Consumer Confidence Shows Strong Rise After weakening throughout the morning, the US Dollar has quickly recovered losses after...

CATEGORIES: American Dollar Forecasts

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