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American Dollar Forecast Directory - Page #312

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

GBP USD Exchange Rate Strengthens as Brexit Talks Set to Begin

19 Jun 2017 at 12 PM - Written by John Cameron

The Pound US Dollar (GBP USD) exchange rate rallied at the start of the European session this morning as investors appeared unusually optimistic at the start of formal Brexit negotiations. Investor Optimistic as Brexit Talks Get Underway At the time of writing Sterling is up by around 0.15% against the US Dollar today as markets seem...

CATEGORIES: Pound Dollar Forecasts

EUR to USD Exchange Rate Tumbles as Federal Reserve Eases Market Fears

15 Jun 2017 at 3 PM - Written by David Woodsmith

After a brief surge to a fresh 2017-high on Wednesday, the Euro to US Dollar exchange rate tumbled and continued to fall on Thursday due to a lack of strong Eurozone data and market confidence in the US economy. Wednesday saw EUR/USD jump to a high of 1.1288, which was the pair’s best level since August 2016. On trending strongly for...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP CAD Exchange Rate Surges Higher after BoE Splite 5-3 on Interest Rates

15 Jun 2017 at 2 PM - Written by John Cameron

Weaker-than-expected UK retail sales figures put fresh pressure on the Pound Canadian Dollar exchange rate on Thursday morning. While forecasts had pointed towards a contraction in spending the figure still surprised to the downside, with sales falling -1.6% on the month in May. Coupled with Tuesday’s unexpected uptick in inflationary...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP NZD Exchange Rate Slips as UK Real Incomes Shrink

14 Jun 2017 at 12 PM - Written by Toni Johnson

The latest UK news has concerned traders, leading to a drop to 1.7562 in the GBP NZD exchange rate. The UK data, covering average earnings in April, has combined negatively with Tuesday’s UK inflation rate figures. Annual inflation rose to 2.9% in May, while recent wage growth figures have remained far beneath this level. With...

CATEGORIES: Pound New Zealand Dollar Forecasts

Muted UK Wage Growth Could Prompt GBP USD Exchange Rate Downtrend Ahead of BoE Meeting

13 Jun 2017 at 5 PM - Written by Frank Davies

As the Conservatives looked set to secure a confidence and supply arrangement with the Democratic Unionist Party (DUP) in order to shore up a minority government the Pound US Dollar exchange rate recovered some ground. With the sense of political uncertainty in the UK diminishing somewhat investors were encouraged to pile back into...

CATEGORIES: Dollar Pound Forecasts

USD GBP Exchange Rate Falls as Potentially Explosive Congress Hearing Approaches

13 Jun 2017 at 3 PM - Written by Toni Johnson

The US Dollar has fallen against the Pound today, ahead of the second high-stakes congressional hearing in two weeks. Following the non-event of former FBI Director James Comey last week, today’s testimony will be from Attorney General Jeff Sessions. Sessions is facing questions from key Democrat and Republican figures, who will be...

CATEGORIES: Dollar Pound Forecasts Pound Dollar Forecasts

Hung Parliament Continues to Weigh on GBP USD Exchange Rate as Political Uncertainty Persists

12 Jun 2017 at 5 PM - Written by David Woodsmith

The fallout from the snap general election continued to weigh on the Pound US Dollar exchange rate at the start of the new week, driving the pairing to a fresh eight-week low. News that the Queen’s speech will be postponed gave rise to fresh political jitters, signalling that the partnership between the Conservatives and the DUP is far...

CATEGORIES: Dollar Pound Forecasts

GBP CAD Exchange Rate Plunges as Post-Election Panic Sets In

12 Jun 2017 at 4 PM - Written by Toni Johnson

This week has opened with heavy losses for the Pound, with the GBP CAD exchange rate dropping to 1.7017, the worst result in nearly two months. In the post-election malaise, Pound traders have struggled to find positive news to latch onto. The dominant sentiment at the start of the week has been concern, due to there still not being a...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Formation of Conservative Minority Government Dents USD GBP Exchange Rate

9 Jun 2017 at 3 PM - Written by Toni Johnson

Once the exit polls for the UK general election came in the US Dollar Pound exchange rate saw a sharp uptick overnight. However, the US Dollar struggled to hold onto its gains against the Pound for long as markets absorbed the implications of a hung parliament. As Theresa May was quick to form a partnership with the Democratic Unionist...

CATEGORIES: Dollar Pound Forecasts

USD EUR Exchange Rate Rallies as ECB Cuts Inflation Forecasts

8 Jun 2017 at 2 PM - Written by Toni Johnson

The USD EUR exchange rate has advanced by 0.3% today, although there has been little domestic cause for US enthusiasm. As well as rising crude oil stocks lowering oil prices for US exporters, Donald Trump has also been targeted in a potential lawsuit. The Democratic Party plans to bring the case that Trump could be influenced by foreign...

CATEGORIES: American Dollar Forecasts Euro Forecasts