Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #311

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

Pound (GBP) Australian Dollar Exchange Rate (AUD) Weakens after Negative UK Q1 GDP

30 Jun 2017 at 5 PM - Written by John Cameron

The Pound has pared a lot of its recent gains against the Australian Dollar after negative UK Q1 GDP figures and strong commodity prices drove the pairing apart. Sterling Stumbles Following Negative GDP Print Sterling spent yesterday riding a wave of interest rate hike speculation after a surprising turnaround in sentiment from Bank of...

CATEGORIES: Australian Dollar Forecasts

GBP USD Exchange Rate Slumps as UK GDP Slows in Q1

30 Jun 2017 at 1 PM - Written by Toni Johnson

While today’s UK GDP stats have met with forecasts, this has failed to provide any support to the GBP USD exchange rate. Pound Slumps as UK GDP Worsens in Q1 Today’s UK GDP data has weakened the Pound against the US Dollar, due to its implications. The finalised Q1 GDP figures have shown a slight annual rise, but a...

CATEGORIES: Pound Dollar Forecasts

GBP/AUD Weakens as Risk Appetite Boosts AUD Demand

29 Jun 2017 at 2 PM - Written by Minesh Chaudhari

The British Pound may be on largely solid form today, but demand for the Australian Dollar is stronger. This has pushed the GBP/AUD exchange rate slightly below opening levels, even though markets remain exuberant following yesterday’s hawkish shift in tone from Bank of England (BoE) Governor Mark Carney. GBP Continues to Rally on...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to CAD Exchange Rate Rises as Bank of England (BoE) Governor Surprises Traders

28 Jun 2017 at 3 PM - Written by Tim Boyer

Investors sold the Canadian Dollar last week as Canada’s latest inflation data fell short of expectations. However, CAD demand improved again this week following more hawkish comments from Bank of Canada (BOC) Governor Stephen Poloz. Due to economic uncertainty in Britain and mixed commodity data, GBP/CAD briefly tumbled to a new weekly...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Flat as UK Political Developments Fail to Boost Confidence

27 Jun 2017 at 12 PM - Written by Frank Davies

This week’s UK political developments and Brexit comments have done little to influence the British Pound to Canadian Dollar exchange rate. The Pound remains limp on uncertainty while the Canadian Dollar has been weakened due to oil concerns. The pair appears to have stabilised somewhat after last week however. GBP/CAD opened this week...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/USD Ekes Out Mild Gains Ahead of Financial Stability Report and Yellen Speech

27 Jun 2017 at 11 AM - Written by John Cameron

Investors interested in the Pound or the US Dollar today are holding their breath ahead of two key developments. This has left the GBP/USD exchange rate able to advance 0.3% to 1.2750 ahead of the Bank of England’s (BoE) Financial Stability Report and a speech from Federal Reserve Chairwoman Janet Yellen. These both have the potential...

CATEGORIES: Pound Dollar Forecasts

GBP NZD Exchange Rate Rises as Conservative-DUP Deal is Signed

26 Jun 2017 at 1 PM - Written by Toni Johnson

Sterling’s recent advance still leaves GBP in a weak position, having only posted the best rate since June 21st. Pound Heads Up after DUP Deal is Finally Agreed The GBP NZD exchange rate has advanced today, thanks to a long-awaited government announcement. The Conservatives and Democratic Unionist Party (DUP) have finally reached...

CATEGORIES: Pound New Zealand Dollar Forecasts

Speculation over Central Bank Rate Hike Odds Boosts GBP USD Exchange Rate

23 Jun 2017 at 12 PM - Written by David Woodsmith

Ahead of the weekend the Pound US Dollar exchange rate remained on a bullish run, in spite of the ongoing sense of political uncertainty hanging over the UK government. As the Conservatives have still not finalised a confidence and supply arrangement with the controversial Democratic Unionist Party (DUP) the strength of the minority...

CATEGORIES: Dollar Pound Forecasts

GBP to NZD Exchange Rate Tumbles Towards 2-Month-Low on RBNZ News

22 Jun 2017 at 12 PM - Written by Ben Hughes

This week’s Bank of England (BoE) news has left the British Pound to New Zealand Dollar exchange rate volatile, as investors wonder whether or not to bet on a 2017 UK interest rate hike. The New Zealand Dollar’s strength has kept GBP/NZD near its worst levels however. After opening this week at the level of 1.7625, GBP/NZD dropped and...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP NZD Exchange Rate Soars after BoE Dove Hints at 2017 Interest Rate Hike

21 Jun 2017 at 1 PM - Written by Toni Johnson

Sterling’s sharp rise against the New Zealand Dollar has been triggered by a statement from Andy Haldane, a long-time dovish BoE Monetary Policy Committee (MPC) voter. Change of Heart from BoE’s Haldane Triggers GBP Advance Although Wednesday had opened with traders focusing on the Queen’s speech, a more recent event had pushed up...

CATEGORIES: Pound New Zealand Dollar Forecasts