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American Dollar Forecast Directory - Page #482

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

House Price data sees GBP rise to 10-week high against USD

29 Apr 2013 at 12 PM - Written by Toni Johnson

STORY LINK House Price data sees GBP rise to 10-week high against USD

The Pound has risen to its highest level in ten-weeks against the US Dollar after data showed that UK house prices increased in April, increasing investor optimism that the UK economy is showing signs that its recovery is beginning to get back on track. Sterling climbed for a fourth day in a row against the ‘Greenback’, its longest...

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Disappointing US GDP Data Sends GBP USD Rate Higher, Outlook For GBP EUR Positive

26 Apr 2013 at 2 PM - Written by Toni Johnson

STORY LINK Disappointing US GDP Data Sends GBP USD Rate Higher, Outlook For GBP EUR Positive

The major data release today came in the form of this afternoon’s US GDP data, which revealed that the world’s largest economy is expanding at a considerably slower level than analysts had been anticipating. The vast American economy grew by an annualised 2.5% during the first quarter of 2013 – economists had been anticipating a...

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Outlook For Pound Euro Exchange Rate (GBP EUR) Positive As Italy Chooses Anti-Austerity Leader

26 Apr 2013 at 9 AM - Written by Ben Hughes

STORY LINK Outlook For Pound Euro Exchange Rate (GBP EUR) Positive As Italy Chooses Anti-Austerity Leader

Two months after its inconclusive general election, Italy appears to have a new leader in place. Yesterday afternoon’s session brought the announcement that the debt-saddled Mediterranean nation’s President Giorgio Napolitano had asked Enrico Letta, the little-known deputy leader of the centre-left Democratic Party, to form a new rainbow...

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Foreign Currency Exchange Rate Forecasts For GBP EUR USD NZD

25 Apr 2013 at 2 PM - Written by John Cameron

STORY LINK Foreign Currency Exchange Rate Forecasts For GBP EUR USD NZD

The POUND STERLING has outperformed all of the other sixteen most-actively traded global currencies so far during today’s session, thanks to this morning’s Q1 UK GDP data which revealed that economic activity in Britain rose by a higher than anticipated 0.3% during the first three months of this year. However, this morning’s comments...

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Pound Euro Exchange Rate (GBP EUR) Gains As GDP Data Reveals That UK Avoided Triple Dip Recession

25 Apr 2013 at 11 AM - Written by David Woodsmith

STORY LINK Pound Euro Exchange Rate (GBP EUR) Gains As GDP Data Reveals That UK Avoided Triple Dip Recession

This morning’s key UK GDP growth data for Q1 of 2013 beat expectations, showing that activity levels in Britain’s ailing economy increased by a quarterly 0.3% during the first three months of this year. Analysts had been anticipating a showing of 0.1%, so the figure proved to be a positive one for the Pound Sterling. A showing of less...

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Pound Canadian Dollar Exchange Rate (GBP/CAD) Drops On Canadian Shop Sales Data

24 Apr 2013 at 9 AM - Written by Frank Davies

STORY LINK Pound Canadian Dollar Exchange Rate (GBP/CAD) Drops On Canadian Shop Sales Data

North American data releases stole the show during yesterday afternoon’s European session. Canada led the way with the publication of February’s monthly Retail Sales data which showed that domestic shop sales increased by a higher than expected 0.8% the month before last. A combination of this positive data release, coupled with a...

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Outlook For GBP EUR Exchange Rate Is Mixed Despite UK Government Borrowing Data

23 Apr 2013 at 6 PM - Written by David Woodsmith

STORY LINK Outlook For GBP EUR Exchange Rate Is Mixed Despite UK Government Borrowing Data

This morning’s session brought the release of official UK government figures which revealed that the British administration borrowed £120.6bn during the financial year which ended on 5th April, 2013. Cynics were quick to point out that the figure was lower than last year’s comparable number by a suspiciously slim £300m (a minute amount...

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GBP EUR Exchange Rate Outperforms Despite EZ Consumer Confidence Data

23 Apr 2013 at 9 AM - Written by Toni Johnson

STORY LINK GBP EUR Exchange Rate Outperforms Despite EZ Consumer Confidence Data

Yesterday’s session in the currency markets brought a relatively light schedule of data releases, perhaps the most significant of which came from the eurozone in the form of the latest consumer confidence survey. Analysts had been anticipating a deterioration of the levels of optimism amongst economic participants in the region, so it came...

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Foreign Currency Exchange Rate Predictions For GBP EUR USD AUD

22 Apr 2013 at 2 PM - Written by John Cameron

STORY LINK Foreign Currency Exchange Rate Predictions For GBP EUR USD AUD

Yesterday’s news that the UK is set to launch a legal challenge to the controversial European Financial Tax (FTT) has ensured that the POUND STERLING has remained under selling pressure today. Tomorrow morning’s UK Public Sector Net Borrowing figures are unlikely to prove positive for the Pound. Sterling is expected to trade on a NEUTRAL...

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Exchange Rates Outlook: JPY declines vs GBP, EUR, USD & NZD as G-20 Doesn?t Condemn BOJ policies

19 Apr 2013 at 4 PM - Written by Ben Hughes

STORY LINK Exchange Rates Outlook: JPY declines vs GBP, EUR, USD & NZD as G-20 Doesn?t Condemn BOJ policies

The Japanese Yen resumed its decline, falling for a fourth day against the US Dollar (JPY/USD) after Japanese finance Minister Taro Aso said that Japan’s stimulus policies have gone unopposed at the G-20 meeting in Washington. The Yen has dropped by around 1.1% against all of its major counterparts as speculation of further easing helped...

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