Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #444

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

GBP USD Exchange Rate Forecast To Drop, GBP NZD & GBP EUR Improve

30 Jan 2014 at 4 PM - Written by Minesh Chaudhari

The past 24hrs have brought significant movement in the global foreign currency markets following last night’s confirmation from the US Federal Reserve that it is trimming its Quantitative Easing programme by $10bn per month. The main beneficiary of the Fed’s action has been the US Dollar as investors priced-in a high likelihood that the...

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Best Exchange Rates Seen for Pound to Euro, Canadian Dollar, Rand & US Dollar; Sterling Forecast

30 Jan 2014 at 11 AM - Written by Ben Hughes

The Pound Sterling (currency:GBP) has fared well in recent months, outperforming almost all of the other sixteen most actively-traded global currencies since the start of Q3 2013. The UK tender has consolidated its generalised gains since the turn of the year in the wake of relatively strong British services sector data and last week’s...

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Exchange Rates Forecast: Pound Sterling to US Dollar (USD), Rand (ZAR) & New Zealand Dollar (NZD)

29 Jan 2014 at 10 AM - Written by John Cameron

Today’s session is almost certain to bring significant market movement for most of the world’s leading currencies, with investors feverishly adjusting their positions either side of tonight’s Federal Reserve FOMC policy decision in the US. The Fed currently pumps $75bn per month into its controversial Quantitative Easing programme. The...

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Pound Rupee Exchange Rate Today: GBP/INR Falls on Royal Bank of India Raise Key Interest Rate

28 Jan 2014 at 4 PM - Written by David Woodsmith

The Indian Rupee (INR) has enjoyed a rare day of gains against Sterling, sending the Pound Rupee exchange rate (GBP/INR) down to as low as 103.48. The improvement for the Indian tender was driven by the surprise news that the Reserve Bank of India (RBI) had decided to raise its key interest rate from 7.75% up to 8.0%. However, gains for the...

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Exchange Rates Forecast: Pound to Australian Dollar & Pound to New Zealand Dollar Could Fall

28 Jan 2014 at 9 AM - Written by Toni Johnson

Dismal US New Home Sales data, released during yesterday’s afternoon session, painted a bleak picture of the state of the real economy in the States. The month-on-month figure for December revealed an unexpected drop-off of some 7.0%, while November’s counterpart number was downgraded to -3.9%. The US property sector was largely...

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Exchange Rate Forecasts / Predictions For Pound Sterling, Euro, Australian Dollar & US Dollar

27 Jan 2014 at 9 AM - Written by John Cameron

Downbeat comments from Bank of England Governor Mark Carney at the end of last week ensured that the POUND STERLING exchange rate (currency:GBP) headed for the weekend market shutdown in lacklustre form. The Pound had been well-bid earlier in the week following strong UK employment figures, but Carney’s assertion that any further decreases...

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US Dollar rises as emerging markets rout

24 Jan 2014 at 11 AM - Written by Frank Davies

The US Dollar has made gains against the majority of its peers on Friday managing to edge away from a three-week low against the Euro as investors continue to sell off assets in emerging markets. Demand for safe havens such as the ‘Greenback’ climbed after the Argentine Peso saw its sharpest decline in 12 years and the Turkish Lira...

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Pound to US Dollar Exchange Rate today: GBP/USD hits 29-month high

23 Jan 2014 at 10 AM - Written by Toni Johnson

Pound Sterling surged to its highest level in 29-months against the US Dollar (GBP/USD) on Thursday after the currency was buoyed by yesterday’s unemployment data which showed that the number of Britons out of work declined to 7.1%, closer to the Bank of England’s target of 7%. The report beat economist expectations for a figure of...

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Australian Dollar Pound Exchange Rate Today: AUD/GBP Edges Away from Year Low

22 Jan 2014 at 10 AM - Written by Minesh Chaudhari

The Australian Dollar Pound exchange rate (AUD/GBP) edged away from a multi-year low after the market reacted positively to the release of stronger than forecast inflation data. The currency also advanced against the US Dollar and edged away from the 8-year low it had been stuck at against the New Zealand Dollar. The rise came after the...

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New Zealand Dollar Exchange Rate Today: NZD surged vs Pound, US Dollar & Euro Overnight

21 Jan 2014 at 10 AM - Written by Frank Davies

The New Zealand Dollar (currency:NZD) surged strongly against the Pound Sterling (currency:GBP) and many other peers including the US Dollar (currency:USD) and Euro (currency:EUR). The ‘Kiwi’ climbed after a data report showed that inflation in the small Oceanic nation increased unexpectedly in December. Investors immediately raised...

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