Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #472

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

GBP USD Exchange Rate Spirals And GBP NZD, GBP AUD Fall Away

4 Jun 2013 at 9 AM - Written by John Cameron

Weak leading indicators from the world’s two premier economies have altered the landscape of the global currency markets during the past 48hrs. Monday’s Asian session brought the release of another disappointing report from China, this time in the form of May’s HSBC Manufacturing sector PMI survey. The gauge of activity levels in the...

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Foreign Currency Exchange Rate Predictions For GBP EUR AUD USD

3 Jun 2013 at 2 PM - Written by Ben Hughes

The latest Purchasing Managers’ Index survey of the manufacturing sector of the UK economy provided the POUND STERLING with a welcome shot in the arm at the start of the week’s session. The data showed that Britain’s manufacturing sector had returned to expansion last month, however the morning’s revelation that the UK’s retail...

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GBP ZAR And GBP NZD Exchange Rates Soar

31 May 2013 at 9 AM - Written by Ben Hughes

Yesterday’s session brought significant price action for more than one of the sixteen most actively traded global currencies. Leading the way as the major market mover of the day was the South African Rand, which was trading down by 3.00% against the Pound Sterling at one point. The sharp move higher to 15.2770 for the GBP ZAR exchange rate...

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GBP NZD Exchange Rate Soars, GBP USD Rate Lower On Fed QE Rumours

30 May 2013 at 2 PM - Written by John Cameron

The major mover of the sixteen most actively traded global currencies so far today has been the New Zealand Dollar. Investors have shifted out of the Kiwi Dollar in their droves, sending the Pound to New Zealand Dollar exchange rate (currency : GBP NZD) up to as high as 1.8850 earlier on. With the exception of a brief incursion above the...

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Outlook For GBP USD, GBP AUD & GBP NZD Exchange Rates Hinges On US GDP Data

30 May 2013 at 9 AM - Written by Frank Davies

Perhaps the key event of note during yesterday’s afternoon session in the global currency markets came in the form of comments from European Commission President Jose Manuel Barroso. For several years now, the eurozone’s policymakers have enforced draconian austerity measures on several of the region’s peripheral states, including...

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Pound To Euro Exchange Rate (GBP EUR) Forecast To Gain If Tomorrow?s Data Disappoints

29 May 2013 at 6 PM - Written by David Woodsmith

This morning’s session brought a double blow for the euro. The first strike was provided by the latest set of German unemployment figures which showed a significant rise in the level of joblessness in the eurozone’s number one economy. Analysts had been anticipating a slight rise of 5,000 in the overall level of unemployment in the...

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GBP EUR Exchange Rate Drifts Lower, GBP AUD & GBP NZD Rates Also Down

29 May 2013 at 9 AM - Written by Frank Davies

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...

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Foreign Currency Exchange Rate Predictions for EUR GBP USD & AUD

28 May 2013 at 2 PM - Written by John Cameron

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...

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Forecast For AUD, NZD, CAD & ZAR Is Gloomy As Share Markets Wobble

28 May 2013 at 9 AM - Written by Minesh Chaudhari

‘Sell in May and go away, buy again on St. Ledger Day’ – so goes the tried and tested adage from the equities market. As we enter the final week of May, this time-worn saying has rarely seemed more prescient. Last Thursday’s session saw Tokyo’s Nikkei 225, considered by many analysts to be Asia’s premier share index, give up over...

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GBP USD Rate Gains On Draghi Comments, GBP AUD & GBP NZD Also Up

24 May 2013 at 2 PM - Written by Ben Hughes

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...

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