American Dollar forecast page 3 - usd american dollar us dollar usd dollar

The most significant risk event of yesterday’s trading session saw the latest edition of the closely-monitored US Consumer Confidence survey thrash expectations. Analysts had been anticipating a decent improvement on last month’s 69.0 showing, but they did not think that the gauge of sentiment amongst American economic participants would...

This morning’s German import figures have held back the EURO so far today. The inward shipment numbers suggested that demand in the eurozone’s leading economy is cooling, sending out warning signals for investors holding the single currency. Tomorrow morning’s German unemployment data could be market moving and the euro is expected to...

It’s been a firmly ‘risk-off’ trading environment so far today in the global currency markets as investors steer clear of currencies with a high correlation to stocks. The big loser on the day so far has been the Canadian Dollar, causing the Pound to Canadian Dollar exchange rate (currency : GBP CAD) to accumulate by almost half of a...

Last night’s Asian equities session brought a return to something approaching normal service – Tokyo’s benchmark Nikkei 225 index, which had plummeted by over 7% during Thursday trading, provided evidence of this. Japan’s leading equities exchange closed up by 0.89%, suggesting that market participants had recovered their nerve...

The POUND STERLING started the day off on a firm footing, but has subsequently leaked support. This morning’s revised UK GDP data for Q1 confirmed the Office of National Statistic’s initial growth estimates for the first three months of this year were accurate. This left investors to concentrate on this week’s Sterling-negative UK...

Price action in the global currency markets yesterday afternoon was determined by a public statement from the US Federal Reserve Chairman Ben Bernanke. The head of America’s central bank had some interesting comments to make which had an unexpected effect on price action for several of the world’s major currencies. Bernanke was...

Today’s session promises to be a market-moving day for one currency in particular – the US Dollar. A brace of risk events in North America are set to dominate proceedings, with Federal Reserve Chairman Ben Bernanke’s appearance before the US Congress’s Joint Economic Committee this afternoon set to be closely monitored by currency...

This morning’s report from the Ernst & Young Item Club which found that the real cost to the UK economy of high levels of inflation since 2010 has been £10bn. The news has held back the POUND STERLING on the day. The latest Rightmove House Price survey, released overnight, has done little to improve investor sentiment towards Sterling....

A press release from leading credit ratings agency Moody’s Investor Services, released during Friday’s session, spelled good news for Turkey and for the Turkish Lira. Moody’s announced that they had upgraded their credit rating of the Mediterranean nation’s sovereign debt to Baa3. The move means that Turkish bonds are now considered...

A light schedule of data releases in the global economy have made for limited price action in the currency markets so far today. Perhaps the major driver amongst the investment community at the moment is the ongoing situation in Syria, where evidence has emerged within the past few days that the ruling Assad regimes has apparently used...