Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #474

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

GBP EUR Rate Dips, GBP USD Rate Forecast To Follow Suit

16 May 2013 at 9 AM - Written by James Fuller

Yesterday afternoon’s session in the currency markets provided one of the most surprising headlines of the year – leading credit ratings agency Fitch announced that it had UPgraded the credit rating of long-term debt struggler Greece from CCC to B-. The development was not just good news for the Hellenic state, but also for the eurozone...

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Losses Forecast For GBP EUR Exchange Rate, GBP USD Heads Southwards

15 May 2013 at 9 AM - Written by David Woodsmith

The US Dollar once again market outperformed during yesterday’s session in the global currency markets. By the middle part of yesterday’s North American session, the Pound to US Dollar exchange rate had lost around half a percent of its value and had dipped to 1.5227. This represented the pair’s lowest level for some three weeks. The...

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Outlook For Pound To Euro Exchange Rate (GBP EUR) Improves Following Weak German ZEW Index

14 May 2013 at 3 PM - Written by Toni Johnson

The main event in the currency markets this morning was provided by the publication of the latest edition of the closely-monitored ZEW Sentiment Survey in Germany. Analysts had been anticipating that the gauge of confidence amongst economic participants in the eurozone’s premier economic power would show a healthy increase from last...

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Pound To US Dollar Exchange Rate (GBP USD) Falls, GBP EUR Rate Forecast To Accumulate

14 May 2013 at 9 AM - Written by John Cameron

The US Dollar continued its near-term renaissance during yesterday’s session in the currency markets, gaining ground against virtually all of the sixteen most actively traded currencies. The Greenback started the day on the front foot thanks to reports in the States that the US Federal Reserve had formulated a road map which would see it...

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Foreign Currency Exchange Rate Predictions For GBP EUR AUD USD

13 May 2013 at 2 PM - Written by Minesh Chaudhari

With very little in the way of significant UK data releases until Wednesday morning’s jobs data, the POUND STERLING has traded on an even keel today. Last week’s suggestion that a revised set of construction industry data from the middle part of last year may mean that the British economy actually avoided entering a double dip recession...

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GBP EUR Exchange Rate Forecast To Rise, Same Story For GBP AUD

13 May 2013 at 9 AM - Written by Frank Davies

Decisions by two of the world’s leading central banks appear likely to continue to have a pronounced effect on price action in the global currency markets this week. Last week’s surprise announcement by the Reserve Bank of Australia that it was cutting its key lending rate by 25 basis points to a new record low of 2.75% came as a body...

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Pound To Euro Exchange Rate (GBP/EUR) Steady Despite Co-OP Credit Downgrade

10 May 2013 at 2 PM - Written by David Woodsmith

Poor UK data releases marred this morning’s session for the Pound Sterling. A weaker than anticipated print for the latest British Construction Output data ensured that the Pound started the session under pressure. The key gauge of activity in Britain’s building sector showed a year-on-year drop off in activity of a greater than...

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Pound US Dollar Exchange Rate (GBP USD) Slips On Positive US Jobs Data

10 May 2013 at 9 AM - Written by Toni Johnson

The US Dollar was star performer in the currency markets yesterday afternoon following the release of a strong set of domestic labour market data. Official US government figures revealed that the number of Initial Jobless Claims had fallen to its lowest level since late in late 2007 last week. The print of 323,000 new claimants bettered...

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Foreign Currency Exchange Rate Forecast For GBP EUR And Predictions For USD & AUD

9 May 2013 at 2 PM - Written by John Cameron

The Bank of England’s monetary policy committee opted against any further loosening of the UK’s monetary policy earlier today and the POUND STERLING registered respectable gains against the majority of the other sixteen most actively traded global currencies as a consequence. With this morning’s British Industrial and Manufacturing...

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GBP/EUR Exchange Rate Gains, GBP/AUD & GBP/NZD Decline

9 May 2013 at 11 AM - Written by Ben Hughes

Last night’s Asian session was marked by a pronounced downside move for both the Pound to Australian Dollar exchange rate (currency : GBP AUD) and the Pound to new Zealand Dollar exchange rate (currency : GBP NZD). Both Antipodean tenders enjoyed strong support overnight thanks to better than anticipated domestic employment data. New...

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