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American Dollar Forecast Directory - Page #320

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

GBP/EUR, GBP/USD Boosted; Major Downside Risks Seem Spent

9 Feb 2017 at 1 PM - Written by Frank Davies

STORY LINK GBP/EUR, GBP/USD Boosted; Major Downside Risks Seem Spent

The British Pound to Euro exchange rate trended relatively flatly on Friday, while the British Pound to US Dollar exchange rate slipped by around -0.2%. Despite impressive UK trade data and a strong GDP estimate from NIESR, the Pound performed limply throughout the day. The US Dollar failed to capitalise however, as Michigan University’s...

CATEGORIES: Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Sterling Forecasts

GBP to CAD Exchange Rate Advances as Fresh Oil Concerns Emerge

9 Feb 2017 at 12 PM - Written by Ben Hughes

STORY LINK GBP to CAD Exchange Rate Advances as Fresh Oil Concerns Emerge

The British Pound to Canadian Dollar exchange rate plunged on Friday afternoon. While the day’s UK data was impressive, the day’s strong Canadian employment report came as a real surprise to traders. Not only did Canada avoid losing -5k jobs in January, it made 48.3k new jobs. The participation rate increased from 65.8% to 65.9% and...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Daily Curre Forecasts

GBP NZD Exchange Rate to Trend Lower Ahead of RBNZ Decision

7 Feb 2017 at 4 PM - Written by Tim Boyer

STORY LINK GBP NZD Exchange Rate to Trend Lower Ahead of RBNZ Decision

The British Pound to New Zealand Dollar exchange rate continued to trend relatively flatly throughout Wednesday afternoon. While the Pound slipped from its best levels later in the day, the weak ‘Kiwi’ was unable to capitalise. Demand for the Pound faded ahead of the UK Parliament’s final vote on Article 50, while the New Zealand...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts Po Forecasts

Pound Sterling New Zealand Dollar Exchange Rate Boosted by Higher NZ Unemployment Rate

1 Feb 2017 at 3 PM - Written by David Woodsmith

STORY LINK Pound Sterling New Zealand Dollar Exchange Rate Boosted by Higher NZ Unemployment Rate

January’s UK Construction PMI proved disappointing on Thursday morning, leaving the Pound to New Zealand Dollar exchange rate trending lower around 1.7326 as signs continued to point towards rising inflationary pressure. Even so, if the BoE Inflation Report proves to be more hawkish in tone this could see Sterling rally later in the...

CATEGORIES: Currency Predictions New Zealand Dollar Forecasts Pound St Forecasts

Article 50 Bill Vote Approaches, Pound Australian Dollar Exchange Rate Rises

1 Feb 2017 at 10 AM - Written by Ben Hughes

STORY LINK Article 50 Bill Vote Approaches, Pound Australian Dollar Exchange Rate Rises

As the Australian trade surplus was found to have widened further than expected in December the GBP AUD exchange rate slumped sharply, with confidence in the domestic economy improving. However, the Pound could recover some ground against its rival if the Bank of England (BoE) proves to be more hawkish at its first policy meeting of...

CATEGORIES: Currency Predictions Pound Australian Dollar Forecasts

Weetabix Announce Price Rise, GBP AUD Exchange Rate Slides

30 Jan 2017 at 2 PM - Written by Frank Davies

STORY LINK Weetabix Announce Price Rise, GBP AUD Exchange Rate Slides

The Pound to Australian Dollar made a sturdy recovery from its weekly lows of 1.6446 on Tuesday afternoon. At the time of updating, GBP/AUD was up over 0.2%. Demand for the Australian Dollar plunged on Tuesday afternoon as investors sought out ‘safe haven’ currencies amid fresh Trump jitters. Sterling also strengthened as UK MPs...

CATEGORIES: Australian Dollar Forecasts Pound Sterling Forecasts

Pound to US Dollar Exchange Rate Trends Lower Despite Steady UK GDP on Brexit Volatility

26 Jan 2017 at 3 PM - Written by Ben Hughes

STORY LINK Pound to US Dollar Exchange Rate Trends Lower Despite Steady UK GDP on Brexit Volatility

The British Pound to US Dollar exchange rate plunged on Friday afternoon despite lower demand for the US Dollar, as UK markets took profit from the Pound’s weekly gains before the end of the week’s European session. Investors were especially anxious about how the first diplomatic meeting between UK Prime Minister Theresa May and US...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

Surprise Drop in German Confidence sees EUR GBP Exchange Rate Dip

25 Jan 2017 at 11 AM - Written by Ben Hughes

STORY LINK Surprise Drop in German Confidence sees EUR GBP Exchange Rate Dip

The Euro to Pound exchange rate performed poorly on Thursday afternoon, as investors became concerned about the long-term health of the Euro project. As markets feared that the Eurozone would not recover as quickly as hoped and the Euro may also see damage in the next 18 months, EUR/GBP failed to capitalise on the day’s weak...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Euro Forecasts

Supreme Court Speculation Causes Uptick in GBP AUD Exchange Rate

23 Jan 2017 at 3 PM - Written by Tim Boyer

STORY LINK Supreme Court Speculation Causes Uptick in GBP AUD Exchange Rate

The British Pound to Australian Dollar exchange rate trended around half a cent down on Tuesday afternoon as demand for risk-correlated currencies improved despite continued anxiousness among investors about the Trump administration. Concerns about Australasian trade eased slightly on Tuesday amid news that Australian and New Zealand...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP CAD Exchange Rate Stabilises as UK Retail Sales Plummet

20 Jan 2017 at 2 PM - Written by James Fuller

STORY LINK GBP CAD Exchange Rate Stabilises as UK Retail Sales Plummet

The GBP CAD exchange rate stabilised this morning following its recent rally as disappointing UK sales figures ended the Pound’s advance. Pound Canadian Dollar (GBP CAD) Gains Muted by Drop in Retail Sales The Pound Canadian Dollar (GBP CAD) exchange rate struggled to extend its gains this morning as the Office for National...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions

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