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American Dollar Forecast Directory - Page #481

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

Foreign Currency Exchange Rate Forecasts For GBP EUR USD AUD

7 May 2013 at 4 PM - Written by John Cameron

The POUND STERLING has put in a relatively weak performance o the day, losing ground against almost all of the sixteen most-actively traded currencies with the exception of the Australian and New Zealand Dollars. The positive effect of Friday’s encouraging UK Services sector PMI survey appears to have worn off, leaving investors to fret...

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Pound Euro Exchange Rate Forecast (GBP/EUR) To Accumulate Following Weak Eurozone Retail Sales Data

7 May 2013 at 9 AM - Written by John Cameron

Trading volumes in the UK were extremely light during yesterday’s session thanks to the May Day Bank Holiday. However, it was ‘business as usual’ across Asia and large parts of Europe, triggering pronounced price action for many of the sixteen most-actively traded currencies. Market participants spent the early part of yesterday’s...

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Exchange Rates Update: USD Strengthens Against EUR & JPY as US Job Figures Show Surprising Strength

3 May 2013 at 7 PM - Written by Frank Davies

The US Dollar rose against the Euro and Japanese Yen after employment rose more than expected in April and hiring was far stronger than economists had been expecting. The data eased worries that the sequestration budget cuts are having a big impact on the world’s largest economy. According to the US Labour Department, Nonfarm payrolls...

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Exchange Rates Outlook for GBP, USD, EUR, AUD, NZD & CAD

3 May 2013 at 10 AM - Written by Tim Boyer

Pound Sterling The Pound is little changed against the US Dollar as economists wait for the release of data that is expected to show that UK services industries expanded for a fourth-month in a row in April. US Dollar The ‘Greenback’ halted its biggest advance against the Euro in two-weeks ahead of economic data that is expected...

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EUR falls as USD rises on ECB rate decision

2 May 2013 at 4 PM - Written by Minesh Chaudhari

The Euro has declined for the first time in five days against the US Dollar after the European Central Bank President Mario Draghi said that policy makers would be open to implementing negative deposit rates. The Euro briefly made gains against the majority of its peers after the ECB did what the market was expecting and cut its key...

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Exchange Rates Forecast: Pound, Euro, Dollar, AUD , NZD & CAD

2 May 2013 at 10 AM - Written by Toni Johnson

Pound Sterling The Pound is within 0.4% of an eleven-week high against the US Dollar ahead of the release of a report that is expected to show that UK construction fell at a slower pace than in April. Against the Euro, Sterling was little changed as the market awaits the European Central Bank’s decision on interest rates. The...

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GBP heads for 11-week high against USD, makes gains against EUR, AUD, NZD

1 May 2013 at 10 AM - Written by David Woodsmith

The Pound has strengthened against the majority of its peers, approaching a 11-week high against the US Dollar after an industry report showed that UK house prices were little changed in April. Data showed that UK house prices declined in April. Economists had been expecting prices to rise by 0.3%, instead they declined by -0.1%. On a...

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CAD rises against USD as Canadian GDP beats expectations

30 Apr 2013 at 3 PM - Written by James Fuller

The Canadian Dollar has hit a two-week high against its US relation after Canadian economic growth beat economist expectations. The ‘Loonie’ has risen by 0.3% against the US Dollar after Statistics Canada reported that the nation’s Gross Domestic Product grew by 0.3% by a month by month basis. A figure that was better than the 0.2%...

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Currency news: AUD hits a two-week high ahead of Federal Reserve Meeting/EUR declines

30 Apr 2013 at 10 AM - Written by Tim Boyer

The Australian Dollar has risen to its highest level in two-weeks against the US Dollar as the market awaits the outcome of the US Federal Reserve’s two-day meeting; speculation is growing that the Central Bank will choose to maintain its bond purchasing programme in the foreseeable future. The ‘Aussie’ is also traded up against...

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Euro gains against USD but weakens against commodity currencies

29 Apr 2013 at 4 PM - Written by Ben Hughes

The Euro has strengthened against the US Dollar as the Italian political crisis finally came to an end increasing demand for riskier assets, investors however remained cautious ahead of the European Central Bank meeting on Thursday as many expect the Bank to announce an interest rate cut. The Euro was supported by high demand for Italian...

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