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American Dollar Forecast Directory - Page #314

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

USD to EUR Exchange Rate Tumbles on Hawkish Merkel, Strong Eurozone Data

23 May 2017 at 11 AM - Written by Frank Davies

STORY LINK USD to EUR Exchange Rate Tumbles on Hawkish Merkel, Strong Eurozone Data

Demand for the US Dollar has been limp in recent weeks which has led to easy gains for the Euro. As a result, the US Dollar to Euro exchange rate dropped on Monday as the shared currency was bolstered by hawkish comments from German Chancellor Angela Merkel. Last week saw significant losses for USD/EUR as the pair fell from 0.9149 to...

CATEGORIES: Dollar Pound Forecasts Euro Forecasts

GBP NZD Exchange Rate Rallies as Industrial Orders Surge

19 May 2017 at 2 PM - Written by Frank Davies

STORY LINK GBP NZD Exchange Rate Rallies as Industrial Orders Surge

The Pound New Zealand Dollar (GBP NZD) exchange rate leapt to a new weekly high this morning as UK factory orders printed higher than expected last month According to data released by the Confederation of British Industry (CBI) Britain’s industrial orders balance rose from 4 to 9 in April, beating expectations that they would remain...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

GBP USD Exchange Rate Rockets to Seven-Month High as Retail Sales Surge

18 May 2017 at 2 PM - Written by Ben Hughes

STORY LINK GBP USD Exchange Rate Rockets to Seven-Month High as Retail Sales Surge

The GBP USD exchange rate surged to a new seven-month high this morning as the UK’s retail sales grew faster than expected last month. The Pound leapt over $1.30 for the first time since early October as data released by the Office for National Statistics (ONS) showed that UK retail sales surged from -1.4% to 2.3% in April, sailing past...

CATEGORIES: Currency Predictions Dollar Pound Forecasts

GBP to AUD Exchange Rate Surges Despite Strong Australian Employment Data

18 May 2017 at 12 PM - Written by Tim Boyer

STORY LINK GBP to AUD Exchange Rate Surges Despite Strong Australian Employment Data

After volatile movement earlier in the week, the Pound to Australian Dollar exchange rate saw strong surge on Thursday in reaction to Britain’s latest retail sales data. The pair easily pushed higher due to poor risk-sentiment. GBP/AUD began the week trending at around 1.7440 and fluctuated between 1.7350 and 1.7530 for most of the week...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP to USD Exchange Rate Benefits from Trump Uncertainty

17 May 2017 at 1 PM - Written by Tim Boyer

STORY LINK GBP to USD Exchange Rate Benefits from Trump Uncertainty

While Sterling has dropped against some other major currencies this week, the Pound to US Dollar exchange rate has advanced. Rising political anxiety in the US has harmed Fed rate hike bets and the appeal of the US Dollar. Last week saw GBP/USD drop to 1.2886. However, since markets opened this week the pair has trended higher. On...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP AUD Exchange Rate Volatile as UK Inflation Skyrockets

16 May 2017 at 12 PM - Written by John Cameron

STORY LINK GBP AUD Exchange Rate Volatile as UK Inflation Skyrockets

The Pound Australian Dollar (GBP AUD) exchange rate has fluctuated this morning following the release of the UK’s latest inflation figures. According to data released by the Office for National Statistics (ONS) UK inflation rocketed from 2.3% to 2.7% in April, reaching its highest levels since September 2013 and outpacing initial...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates

GBP CAD Exchange Rate Trends Lower after Widened Trade Deficit and Muted BoE Meeting

12 May 2017 at 1 PM - Written by Toni Johnson

STORY LINK GBP CAD Exchange Rate Trends Lower after Widened Trade Deficit and Muted BoE Meeting

Confidence in the Pound was sharply dented by a raft of disappointing UK data, leaving the Pound Canadian Dollar exchange rate on a downtrend. Investors were not impressed to find that the UK visible trade deficit had widened further than forecast in March, clocking in at -13.44 billion rather than -11.6 billion. This highlighted the...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions

GBP AUD Exchange Rate Slumps as BoE Leave Rates Unchanged

11 May 2017 at 2 PM - Written by Toni Johnson

STORY LINK GBP AUD Exchange Rate Slumps as BoE Leave Rates Unchanged

The Pound Australian Dollar (GBP AUD) exchange rate tumbled this afternoon as the Bank of England (BoE) voted to leave interest rates on hold. When asked why the bank left rates at a record low of 0.25% despite robust inflation, BoE Governor Mark Carney responded that the level of stimulus was appropriate for the current situation and that...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP to USD Exchange Rate Benefits from Trump Jitters

10 May 2017 at 12 PM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Benefits from Trump Jitters

After slipping earlier in the week, the Pound to US Dollar exchange rate began to recover on Tuesday evening and Wednesday as investors reacted with shock to news that US President Donald Trump had fired the Director of the FBI. Despite recovery from its weekly lows, GBP/USD continues to trend below the week’s opening levels. GBP/USD...

CATEGORIES: Dollar Pound Forecasts

GBP NZD Exchange Rate Slumps on Fresh Fears of Hard Brexit

8 May 2017 at 4 PM - Written by Ben Hughes

STORY LINK GBP NZD Exchange Rate Slumps on Fresh Fears of Hard Brexit

Sterling has traded at 1.87 against the New Zealand Dollar, down from a rate of 1.88 on May 7th. The only UK economic news on Monday has covered house prices; the Halifax price index reprinted growth on the year but showed no monthly change. More impactful has been the French Presidential election, which concluded with a landslide...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

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