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American Dollar Forecast Directory - Page #315

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

GBP to USD Exchange Rate Near 7-Month Highs ahead of Key ?Obamacare? Repeal Vote

4 May 2017 at 1 PM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Near 7-Month Highs ahead of Key ?Obamacare? Repeal Vote

Sterling-supportive news has been the UK services PMI for April. As with manufacturing and construction PMIs this week, the services result has risen instead of falling as forecast. Elsewhere, new car sales in April plummeted on the year by nearly -20%, though this was attributable to a recent change in vehicle excise duty (VED). The...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP AUD Exchange Rate Rallies as UK Construction Impresses

3 May 2017 at 4 PM - Written by James Fuller

STORY LINK GBP AUD Exchange Rate Rallies as UK Construction Impresses

The Pound Australian Dollar (GBP AUD) exchange rate extended yesterday’s gains this morning following the release of the UK’s latest Construction PMI. According to data compiled by IHS Markit activity in the UK’s construction sector grew from 52.2 to 53.1 in April, rising at its fastest pace in four months and greatly exceeding...

CATEGORIES: Australian Dollar Forecasts

GBP to NZD Exchange Rate Recovers from Lows on UK Data

3 May 2017 at 1 PM - Written by John Cameron

STORY LINK GBP to NZD Exchange Rate Recovers from Lows on UK Data

While the Pound put in a strong Tuesday recovery against most major rivals, the Pound to New Zealand Dollar exchange rate has trended more closely to its weekly lows this week due to strong New Zealand data and improving commodity news. GBP/NZD began the week trading at the level of 1.8860, but fell for the first half of the week. By...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

GBP USD Exchange Rate Slumps as Brexit Talks Appear to Stall Before Official Negotiations Begin

2 May 2017 at 10 AM - Written by John Cameron

STORY LINK GBP USD Exchange Rate Slumps as Brexit Talks Appear to Stall Before Official Negotiations Begin

The GBP USD exchange rate continued to slide overnight on Monday as Prime Minister Theresa May’s dinner with European commission’s president, Jean-Claude Juncker yesterday did not inspire confidence in the Brexit process. May faces reports that she is ‘living in another galaxy’ as Juncker reportedly left Downing Street ‘ten times...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP CAD Exchange Rate Forecast to Come Under Pressure from UK and Canadian GDP

27 Apr 2017 at 12 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Forecast to Come Under Pressure from UK and Canadian GDP

The Pound Canadian Dollar exchange rate has seen significant volatility so far this week as political developments in the US fuelled some sharp market movements. Demand for the ‘Loonie’ plunged in response to news that the US would be imposing tariffs on softwood lumber, with markets speculating that a similar move against dairy...

CATEGORIES: Canadian Dollar Forecasts

GBP to NZD Exchange Rate Surges to New 2017 Highs

26 Apr 2017 at 2 PM - Written by David Woodsmith

STORY LINK GBP to NZD Exchange Rate Surges to New 2017 Highs

An increase in risk-sentiment at the beginning of this week didn’t last long, as news from the US and underwhelming commodity trade made markets quickly risk-averse again. As a result, the Pound to New Zealand Dollar exchange rate has easily advanced. GBP/NZD began this week trading at the level of 1.82. On Tuesday the pair soared and by...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

Record Low UK Deficit Triggers GBP CAD Advance

25 Apr 2017 at 10 AM - Written by Ben Hughes

STORY LINK Record Low UK Deficit Triggers GBP CAD Advance

Sterling’s rise against the Canadian Dollar today has partly come from UK borrowing data, which has shown the annual deficit fall to the lowest since the 2007-08 financial crisis. Monthly data has been less positive, with March’s deficit hitting -5.1bn instead of the forecast -3bn. Canadian economic anxiety has also aided the GBP...

CATEGORIES: Pound Canadian Dollar Forecasts

Can GBP AUD Exchange Rate Weaken Further on Rising Australian Inflation?

24 Apr 2017 at 3 PM - Written by Toni Johnson

STORY LINK Can GBP AUD Exchange Rate Weaken Further on Rising Australian Inflation?

Risk appetite generally picked up at the start of the week, weighing down the Pound Australian Dollar exchange rate as markets reacted to the results of the first round of the French presidential election with relief. As the odds of a fresh populist upset and victory for Eurosceptic Marine Le Pen were seen to decline investors piled back...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates

GBP USD Exchange Rate Ticks Up on US Uncertainty over Taxes

24 Apr 2017 at 2 PM - Written by Ben Hughes

STORY LINK GBP USD Exchange Rate Ticks Up on US Uncertainty over Taxes

The Pound’s small advance against the US Dollar today follows a Confederation of British Industry (CBI) report on manufacturing and business optimism. The CBI’s data shows manufacturing orders to be growing at their fastest pace in six years, while orders from outside the European Union were the highest ever. The cloud to the silver...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

GBP USD Exchange Rate Slides after Sharp UK Sales Contraction

21 Apr 2017 at 1 PM - Written by David Woodsmith

STORY LINK GBP USD Exchange Rate Slides after Sharp UK Sales Contraction

After March’s UK retail sales data proved worse than expected the Pound US Dollar exchange rate came under renewed pressure. Investors were wrong-footed to find that sales had contracted -1.8% on the month, indicating that consumers have started to dramatically cut back on spending. With inflationary pressure set to mount further over...

CATEGORIES: Dollar Pound Forecasts

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