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American Dollar Forecast Directory - Page #313

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

GBP CAD Exchange Rate Surges as Oil Prices Collapse

8 Jun 2017 at 1 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Surges as Oil Prices Collapse

The Pound Canadian Dollar (GBP CAD) exchange rate rocketed up nearly two cents yesterday, reaching a two week high following a rout in oil prices. Crude benchmarks nosedived on Wednesday, falling by up to 5% to a new monthly low following an unexpected rise in US stockpiles, dragging on the Loonie due to the Canadian economy’s reliance...

CATEGORIES: Pound Canadian Dollar Forecasts

USD JPY Exchange Rate Tumbles as Markets Brace for Comey Testimony

7 Jun 2017 at 3 PM - Written by James Fuller

STORY LINK USD JPY Exchange Rate Tumbles as Markets Brace for Comey Testimony

The US Dollar Japanese Yen (USD JPY) exchange rate trended lower on Wednesday as investors become increasingly cautious ahead of former FBI Director, James Comey's testimony in front of Congress on Thursday. Mr Comey, who was fired by President Trump at the start of May, is expected to testify on allegations that Trump attempted to...

CATEGORIES: American Dollar Forecasts

GBP to AUD Exchange Rate Tumbles on Impressive Australian Growth Data

7 Jun 2017 at 12 PM - Written by Toni Johnson

STORY LINK GBP to AUD Exchange Rate Tumbles on Impressive Australian Growth Data

Despite investors generally confident in a majority win for the Conservative party in Thursday’s UK general election, uncertainty remains and this has allowed the Australian Dollar to easily push the Pound down this week. Due to strong Australian data and an optimistic RBA, the GBP/AUD exchange rate had fallen from around 1.7322 to a low...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to USD Exchange Rate Benefits from Bets of Conservative Win

6 Jun 2017 at 12 PM - Written by John Cameron

STORY LINK GBP to USD Exchange Rate Benefits from Bets of Conservative Win

Forex markets continue to be generally confident that the Conservative party will win a comfortable majority in this week’s upcoming UK general election, which has helped the Pound to US Dollar exchange rate to strengthen. After a brief dip to 1.2857 on Monday morning, GBP/USD has advanced and on Tuesday morning the pair touched on a...

CATEGORIES: Pound Dollar Forecasts

GBP NZD Exchange Rate Trends Higher Despite Slowing UK Services PMI

5 Jun 2017 at 1 PM - Written by Frank Davies

STORY LINK GBP NZD Exchange Rate Trends Higher Despite Slowing UK Services PMI

May’s UK services PMI proved a disappointing start to the week, although not enough to prevent the Pound New Zealand Dollar exchange rate holding onto a modest uptrend. While the index slowed from 55.8 to 53.8 the sector nevertheless remains in a solid state of growth, even though political uncertainty has weighed on growth in recent...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP CAD Exchange Rate Volatile as Markets Speculate on UK Election Outcome

31 May 2017 at 1 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Volatile as Markets Speculate on UK Election Outcome

Speculation over the outcome of next week’s general election has provoked volatility for the Pound Canadian Dollar exchange rate. Although a YouGov forecast suggested that a hung parliament could emerge from the election put severe downside pressure on the Pound this downtrend did not last for long. After an opinion poll conducted by...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates

USD GBP Exchange Rate Slumps after Trump Communications Director Quits

30 May 2017 at 4 PM - Written by Ben Hughes

STORY LINK USD GBP Exchange Rate Slumps after Trump Communications Director Quits

The US Dollar-damaging headline has been that Michael Dubke, the Trump administration’s Communications Director, has quit. The news comes as Trump returns from his first international tour, having passed through the Middle East and Europe on a whistle-stop visit. Dubke’s surprise resignation may be just the first of many removals and...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

Narrowing Tory Election Lead Extends Pound Canadian Dollar Exchange Rate Downtrend

26 May 2017 at 3 PM - Written by John Cameron

STORY LINK Narrowing Tory Election Lead Extends Pound Canadian Dollar Exchange Rate Downtrend

Although there was some initial disappointment that the OPEC-led production limiting deal was only extended by nine months this failed to offer any particular support to the Pound Canadian Dollar exchange rate. While oil prices weakened in the immediate wake of the news it was not long before demand for the commodity picked back up,...

CATEGORIES: Canadian Dollar Forecasts

GBP NZD Exchange Rate Nosedives as Conservative Poll lead Narrows

26 May 2017 at 2 PM - Written by John Cameron

STORY LINK GBP NZD Exchange Rate Nosedives as Conservative Poll lead Narrows

The Pound New Zealand Dollar (GBP NZD) exchange rate plummeted over a cent in early trading today as the Conservatives lead narrow in polls again. According to the most recent YouGov poll Labour is now only 5 points behind the Conservatives, greatly narrowing the 24 point lead the Tories enjoyed at the start of the race. This is an even...

CATEGORIES: Daily Currency Updates New Zealand Dollar Forecasts

GBP/USD Trending Narrowly ahead of FOMC Meeting Minutes

24 May 2017 at 4 PM - Written by Toni Johnson

STORY LINK GBP/USD Trending Narrowly ahead of FOMC Meeting Minutes

The Pound Sterling to US Dollar exchange rate is currently stuck around opening levels as markets await the key US Federal Open Market Committee (FOMC) meeting minutes. The accounts of the May 3rd policy meeting will give an indication into the outlook of policymakers on the US economy and monetary policy. Should FOMC members exhibit a...

CATEGORIES: Pound Dollar Forecasts

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