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American Dollar Forecast Directory - Page #309

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

Pound New Zealand Dollar (GBP NZD) Climbs Despite IMF Downgrading UK Growth

24 Jul 2017 at 5 PM - Written by Tim Boyer

STORY LINK Pound New Zealand Dollar (GBP NZD) Climbs Despite IMF Downgrading UK Growth

The Pound to New Zealand Dollar exchange rate has regrouped since last week’s slide, climbing to 1.7561 today despite the international monetary fund (IMF) downgrading its UK growth forecast. The IMF announced that it expects the UK economy to grow by 1.7% in 2017, a drop from the previous estimate of 2%. The forecast for next year...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to USD Exchange Rate Recovers as Federal Reserve Rate Hike Bets Remain Weak

24 Jul 2017 at 1 PM - Written by John Cameron

STORY LINK GBP to USD Exchange Rate Recovers as Federal Reserve Rate Hike Bets Remain Weak

Despite poor UK ecostats last week, the British Pound to US Dollar exchange rate began to recover on Monday. This was largely due to ‘Greenback’ weakness, as investors increasingly doubt the Federal Reserve will hike US interest rates a third time before the end of 2017. Last week saw GBP/USD briefly hit a 2017 high of 1.3119 before...

CATEGORIES: Pound Dollar Forecasts

GBP USD Update: Continued US Uncertainty Drags US Dollar Down

21 Jul 2017 at 3 PM - Written by Toni Johnson

STORY LINK GBP USD Update: Continued US Uncertainty Drags US Dollar Down

The Pound has pushed through negative UK news today, advancing by 0.2% against the US Dollar. GBP News: Sterling Recovers after Trader Panic on Government Borrowing The Pound has been on a rollercoaster ride today, initially trading around 1.2962 against the US Dollar due to concerns about public sector borrowing. In June, the...

CATEGORIES: Pound Dollar Forecasts

GBP to AUD Exchange Rate Edges Higher as UK Retail Sales Beat Projections

20 Jul 2017 at 10 AM - Written by Frank Davies

STORY LINK GBP to AUD Exchange Rate Edges Higher as UK Retail Sales Beat Projections

This week’s UK data has been mixed, but the British Pound to Australian Dollar exchange rate began to recover from its multi-month-lows towards the end of the week in reaction to Thursday’s UK and Australian ecostats. After plummeting from 1.6720 to a three-month-low of 1.6334 earlier in the week, the GBP/AUD exchange rate edged higher...

CATEGORIES: Pound Australian Dollar Forecasts

USD GBP Exchange Rate Rises during Ongoing Obamacare Troubles

19 Jul 2017 at 3 PM - Written by Toni Johnson

STORY LINK USD GBP Exchange Rate Rises during Ongoing Obamacare Troubles

The latest news in the US has been that Republican efforts to repeal the Affordable Care Act (ACA) have stumbled. Rising US Homebuilding Triggers USD GBP Advance Despite the limiting factor of political issues, the US Dollar has made a gain against the Pound today. This comes after a rise in US building permits and housing...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Plunges Despite US Political Uncertainties

18 Jul 2017 at 12 PM - Written by David Woodsmith

STORY LINK GBP to USD Exchange Rate Plunges Despite US Political Uncertainties

Forex markets have seen volatility already this week, as the British Pound to US Dollar exchange rate reacts to disappointing US news and lower-than-expected UK inflation results. The pair is lower on Tuesday as Bank of England (BoE) tightening bets drop. After a surge from 1.2888 to 1.3095 last week, GBP/USD briefly touched on a 2017 high...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Slips as Investors Await Fresh Brexit Talks

17 Jul 2017 at 4 PM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Slips as Investors Await Fresh Brexit Talks

Despite a drop in Federal Reserve interest rate hike bets and underwhelming US ecostats, the British Pound to US Dollar exchange rate slipped when markets opened this week. It has sustained most of last week’s advances however. Federal Reserve uncertainty has seen GBP/USD advance in recent weeks. Last week, GBP/USD advanced from 1.2888...

CATEGORIES: Pound Dollar Forecasts

Returning Brexit Optimism Pushes Up GBP NZD Exchange Rate

17 Jul 2017 at 1 PM - Written by Toni Johnson

STORY LINK Returning Brexit Optimism Pushes Up GBP NZD Exchange Rate

As discussions between UK and EU negotiators continue in Brussels, the Pound has advanced by 0.2% against the New Zealand Dollar. Rising GBP NZD Exchange Rate Triggered by Growing Brexit Optimism While minor, this rise in the GBP NZD exchange rate still demonstrates growing investor optimism about the Brexit process. Initial UK-EU...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP NZD Exchange Rate Rally Seen despite Gathering Economic Storm Clouds

14 Jul 2017 at 1 PM - Written by Toni Johnson

STORY LINK GBP NZD Exchange Rate Rally Seen despite Gathering Economic Storm Clouds

While the GBP NZD rise to 1.7763 today is the best rate since Thursday, it is still low in comparison to the 1.7893 exchange rate recorded on July 11th. Pound Traders Fall Back on McCafferty Comments to Trigger GBP Rally The strongest source of support for the Pound today actually came earlier in the week, when Bank of England (BoE)...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP/CAD Climbs as BoE?s McCafferty Signals Change to QE

13 Jul 2017 at 3 PM - Written by James Fuller

STORY LINK GBP/CAD Climbs as BoE?s McCafferty Signals Change to QE

The British Pound is rising sharply against the Canadian Dollar today on the back of hawkish signs from Bank of England (BoE) monetary policymaker Ian McCafferty. GBP/CAD has now risen 0.4% to 1.6500. McCafferty has caused a stir today after suggesting that the quantitative easing programme could be ended earlier than originally...

CATEGORIES: Pound Canadian Dollar Forecasts

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