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American Dollar Forecast Directory - Page #382

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

Pound Dollar Forecast: Gains Predicted for GBP to USD Exchange Rate

2 Mar 2015 at 10 PM - Written by John Cameron

This afternoon’s session brings a brace of key data releases from the US which analysts forecast will shape the near term fortunes of the Pound Sterling US Dollar exchange rate. The GBP USD exchange rate ended last week at 1.5433, adding fuel to the market speculation that the pair has now performed a key reversal following its brief...

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Pound Sterling to Canadian Dollar Exchange Rate Softens Despite Dire Data From Canada

2 Mar 2015 at 10 PM - Written by Toni Johnson

The Pound Sterling weakened against the Canadian Dollar despite the publication of a positive UK PMI and the release of dire data out of the North American nation. Early in the session the Pound advanced against the ‘Loonie’ and other major peers as the latest Markit/CIPS compiled Manufacturing Purchasing Managers Index (PMI) showed...

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India Budget Forecast to Hold GBP INR Exchange Rate Steady, GBP AUD Awaits RBA Decision

2 Mar 2015 at 10 AM - Written by John Cameron

The first full budget from India’s new BJP-led government was delivered on Saturday and it contained more than a few surprises. India Announces Universal Benefits India’s Prime Minister Narendra Modi was swept to power on a wave of optimism last year with commentators hailing him as a pro-business saviour of India’s inefficient...

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Australian Dollar to New Zealand Dollar (AUD/NZD) Exchange Rate Softens as Kiwi Confidence Increases

1 Mar 2015 at 10 PM - Written by Tim Boyer

The Australian Dollar softened slightly against the New Zealand Dollar on Friday after New Zealand Business Confidence rose in February. The ecostat increased from 30.4 to 34.4 and highlights a rise in business owner outlook for the coming 12 months. ANZ representative Cameron Bagrie commented: ‘In cricketing parlance, New Zealand’s...

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Exchange Rate Forecasts for the Euro, Pound, Dollar and the Rupee

1 Mar 2015 at 10 PM - Written by John Cameron

Latest Pound Sterling Forecasts vs the Euro, Rupee and US Dollar German Inflation Data Fails to Help Euro Exchange Rate Friday morning’s German CPI inflation data showed well ahead of expectations at 0.1% versus an anticipated -0.3%. However, in a clear case of ‘what should go up and doesn’t go up, can only come down’, the...

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Has the Australian Dollar Reached an Inflection Point v the Pound Sterling?

27 Feb 2015 at 9 AM - Written by John Cameron

The Pound Sterling reached its highest level against the Australian Dollar for over five years during the second week of this month. The GBP AUD exchange rate briefly breached the two to one level, topping out at 2.0032 on 12th February as investors began to fret that Greece’s newly elected radical left-wing Syriza-led government might not...

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Pound to Dollar: Forecast for GBP USD Exchange Rate Improves

26 Feb 2015 at 11 PM - Written by John Cameron

Yen Struggles on QE Comments The Japanese Yen (currency:JPY) was hit by comments from a leading Bank of Japan policymaker during the overnight Asian session. The Yen took a beating in the markets following comments from Koji Ishida, suggesting that the Bank of Japan’s controversial Quantitative Easing should not make an increase in the...

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Euro to US Dollar Falls Sharply on Comments

26 Feb 2015 at 10 PM - Written by Ben Hughes

The Euro fell broadly against the US Dollar following the release of mixed data out of the USA and comments made by St Louis Federal Reserve President James Bullard. The single currency tumbled after Bullard suggested that the Federal Reserve should change its policy statement at next month’s policy meeting. ‘The US Central Bank...

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Exchange Rate Forecast for British Pound Sterling, Euro, US Dollar and Australian Dollar

26 Feb 2015 at 9 AM - Written by John Cameron

Today’s session promises to be a big one for the POUND STERLING (currency:GBP), with the publication of provisional Q4 Gross Domestic Product figures due at 0930hrs. Analysts are anticipating they will show that British economic activity held steady at an annualised 2.7% during the final three months of last year. Anything below this and...

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Exchange Rate Forecasts for Pound Sterling v Australian Dollar (AUD), New Zealand Dollar (NZD) & South African Rand (ZAR)

25 Feb 2015 at 9 PM - Written by John Cameron

Chinese Data Beats Forecasts Last night’s gauge of the level of manufacturing activity in the world’s second largest economy showed at a higher than expected level. Analysts had been expecting the Chinese data to show that output from this key sector of China’s economy had once again contracted, but the figures unexpectedly revealed...

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