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American Dollar Forecast Directory - Page #310

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

USD GBP Exchange Rate Slumps to Weekly Low Following McCafferty Comments

13 Jul 2017 at 12 PM - Written by John Cameron

STORY LINK USD GBP Exchange Rate Slumps to Weekly Low Following McCafferty Comments

The US Dollar Pound (USD GBP) exchange rate plummeted this morning following hawkish comments by Bank of England (BoE) policy maker Ian McCafferty. Pound (GBP) Rallies on QE Comments Sterling sentiment soared this morning as a member of the BoE’s Monetary Policy Committee (MPC) suggested that the bank should begin winding down its...

CATEGORIES: Dollar Pound Forecasts

GBP to USD Exchange Rate Recovers from Lows as UK Employment Stats Beat Expectations

12 Jul 2017 at 1 PM - Written by Minesh Chaudhari

STORY LINK GBP to USD Exchange Rate Recovers from Lows as UK Employment Stats Beat Expectations

Dovish comments from Bank of England (BoE) officials this week have left the British Pound to US Dollar exchange rate weaker, though the pair was able to recover from its lows on Wednesday due to decent UK employment stats and a weaker US Dollar. Due to weakness in both currencies, GBP/USD has seen volatility this week. The pair started...

CATEGORIES: Pound Dollar Forecasts

GBP to CAD Exchange Rate Strength Limited as Traders Await Bank of Canada (BOC) News

10 Jul 2017 at 1 PM - Written by Tim Boyer

STORY LINK GBP to CAD Exchange Rate Strength Limited as Traders Await Bank of Canada (BOC) News

Poor British ecostats over the last week have failed to support the British Pound to Canadian Dollar exchange rate. A strong increase in Bank of Canada (BOC) interest rate hike bets helped the ‘Loonie’ to capitalise on Sterling weakness. Last week saw GBP/CAD tumble from the opening level of 1.6888 to the closing level of 1.6595. Since...

CATEGORIES: Pound Canadian Dollar Forecasts

Ongoing Brexit Fears Limit Gains for GBP AUD Exchange Rate

10 Jul 2017 at 1 PM - Written by Toni Johnson

STORY LINK Ongoing Brexit Fears Limit Gains for GBP AUD Exchange Rate

The GBP AUD exchange rate has improved today, although Sterling remains in a precarious position due to crucial Brexit talks in the background. Brexit Deal Fears Fail to Prevent GBP AUD Advance The Pound has risen by 0.3% against the Australian Dollar today, although this is mainly due to AUD weakness rather than any particularly...

CATEGORIES: Pound Australian Dollar Forecasts

USD GBP Exchange Rate Rallies as UK Data Disappoints

7 Jul 2017 at 11 AM - Written by John Cameron

STORY LINK USD GBP Exchange Rate Rallies as UK Data Disappoints

The US Dollar Pound (USD GBP) exchange rate skyrocketed this morning, recouping the majority of Thursday losses as the UK posted some disappointing economic data. Pound (GBP) Plummets as UK Trade Deficit Widens The Pound slumped against the US Dollar this morning as the Office for National Statistics (ONS) delivered a smattering of...

CATEGORIES: Pound Dollar Forecasts

GBP NZD Exchange Rate Advances Slowed by Cooling UK Service Sector

5 Jul 2017 at 12 PM - Written by John Cameron

STORY LINK GBP NZD Exchange Rate Advances Slowed by Cooling UK Service Sector

The Pound New Zealand Dollar (GBP NZD) exchange rate found its gains trimmed this morning as the pairing was hampered by a slowdown in the UK’s service sector. Pound (GBP) Advance Slowed by Slide in Services Activity The Pound found its advance slowed this morning as Sterling came under pressure following the release of the UK’s...

CATEGORIES: Pound New Zealand Dollar Forecasts

Volatility Forecast for USD CAD Exchange Rate on Fed Meeting Minutes

5 Jul 2017 at 10 AM - Written by Frank Davies

STORY LINK Volatility Forecast for USD CAD Exchange Rate on Fed Meeting Minutes

With investors awaiting the release of the Federal Open Market Committee’s (FOMC) June meeting minutes the US Dollar Canadian Dollar exchange rate has been trending in a narrow range. As markets are already pricing in high odds of the Fed opting to raise interest rates again at either its July or September meetings, though, the upside...

CATEGORIES: Canadian Dollar Forecasts

Could Weaker UK Services PMI Extend GBP CAD Exchange Rate Losses?

4 Jul 2017 at 5 PM - Written by David Woodsmith

STORY LINK Could Weaker UK Services PMI Extend GBP CAD Exchange Rate Losses?

Confidence in the Pound remained decidedly muted on Tuesday, with June’s UK construction PMI falling short of forecast in the wake of a similarly disappointing manufacturing PMI. This indicated that growth in the UK economy lost some momentum in the last month, putting further pressure on the second quarter Gross Domestic...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP NZD Exchange Rate Slides as UK Manufacturing Sector Slows

3 Jul 2017 at 3 PM - Written by John Cameron

STORY LINK GBP NZD Exchange Rate Slides as UK Manufacturing Sector Slows

The Pound New Zealand Dollar (GBP NZD) exchange rate slumped from its best levels today as a disappointing Manufacturing PMI weighed on Sterling. Pound (GBP) Slides as Factory Activity Slows The Pound fell against the New Zealand Dollar at the start of the European session this morning as Sterling was battered by an unexpectedly poor...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP AUD Exchange Rate Dips on UK Manufacturing Slowdown

3 Jul 2017 at 3 PM - Written by Toni Johnson

STORY LINK GBP AUD Exchange Rate Dips on UK Manufacturing Slowdown

Sterling’s latest losses against the Australian Dollar put the GBP AUD exchange rate at the best since June 28th, which is still a long way down from early June’s better pairing rate. Pound Weakened by Disappointing UK Manufacturing Stats The Pound has made a minor losses against the Australian Dollar today, coming in at a rate of...

CATEGORIES: Pound Australian Dollar Forecasts

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