Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #483

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

Foreign Currency Exchange Rate Outlook For EUR GBP & Predictions For USD, CAD

21 Feb 2013 at 2 PM - Written by David Woodsmith

The POUND STERLING has enjoyed a ‘bounce’ on the day today, following yesterday’s disappointing performance. The move in favour of the UK tender has come in spite of this morning’s British public sector borrowing figure which revealed that the coalition government has borrowed a mammoth £93.8bn so far this financial year. Given this,...

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Share Markets Plunge And Pound US Dollar Exchange Rate (GBP USD) Tumbles To New 31 Month Low

21 Feb 2013 at 9 AM - Written by Tim Boyer

The apparently gravity-defying accumulation in the value of global equities over recent months was placed in peril by the tone and language used in last night’s Federal Reserve FOMC Minutes. The notes from the Fed’s February policy meeting acknowledged the danger which scaling back the US central bank’s controversial Quantitative Easing...

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Sterling Slumps Following Split Bank Of England QE Vote

20 Feb 2013 at 3 PM - Written by John Cameron

A lot of column inches have been written in recent weeks concerning the next Governor of the Bank of England, Mark Carney, but it was the current incumbent of the top job at The Old Lady of Threadneedle Street who stole the limelight today. This morning’s minutes of this month’s Bank of England policy meeting revealed that three of the...

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GBP AUD And GBP NZD Exchange Rates Could Climb After Data Reveals Record Japanese Trade Gap

20 Feb 2013 at 9 AM - Written by Minesh Chaudhari

Global appetite for risk had been buoyant during the early part of this week’s session, but the ‘risk on’ trading environment has been endangered by a series of potentially damaging events in the last few hours. Last night’s session brought worrying news from Japan, with the release of data which showed that Asia’s second most...

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

19 Feb 2013 at 4 PM - Written by Ben Hughes

The AUSTRALIAN DOLLAR has registered healthy gains against Sterling following last night’s minutes of the most recent Reserve bank of Australia meeting. The memos were generally of a more go-ahead tone than analysts had been anticipating, noting strong demand for Australian commodities from Asia and an improvement in the global economic...

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Positive Spanish Bad Loans Data Sends GBP EUR Exchange Rate Lower Again

18 Feb 2013 at 6 PM - Written by Minesh Chaudhari

Sometimes a ‘bad bank’ can be a good thing – or so it would seem. The Bank of Spain published its latest Bad Loans data earlier today and the figure proved to be good news for the euro. The numbers from Spain’s central bank revealed that the collective ratio of bad loans held by the struggling Iberian nation’s retail banking sector...

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GBP AUD And GBP NZD Exchange Rates Claw Back Lost Ground In Spite Of Positive Michigan Confidence Survey

18 Feb 2013 at 9 AM - Written by Frank Davies

Friday afternoon’s Michigan Sentiment survey revealed that confidence levels amongst economic participants in the US has risen to its highest level for some three months. The release helped to ensure that global appetite for risk ended the week on an uptick; investor sentiment had taken a hit earlier in the week, when Q4 GDP data from...

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Finance Ministers Likely To Speak Out Against Global Currency War At Moscow G20 Meeting

15 Feb 2013 at 4 PM - Written by Toni Johnson

The Pound ha enjoyed a generally positive session so far today, in spite of this morning’s worryingly weak January Retail Sales data for the UK. The Pound initially lost significant ground against the other majors in the aftermath of the release, however the UK tender’s initial losses were subsequently wiped out as analysts pointed out...

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Weak UK Retail Sales Print And Strong NZ Data Sends GBP NZD Exchange Rate To Multi-Decade Low

15 Feb 2013 at 10 AM - Written by David Woodsmith

The Pound New Zealand Dollar exchange rate (currency : GBP NZD) slumped to a new multi-decade low last night, following the release of stronger-than anticipated New Zealand retail sales numbers for Q4 2012. The data revealed a quarter-on-quarter increase in domestic shop sales of a healthy 2.1% during the final three months of last year,...

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

14 Feb 2013 at 2 PM - Written by John Cameron

The POUND STERLING has traded on a neutral footing so far today, gaining ground against the euro, but losing out to the commodity-driven high-yielders. With very little in the way of risk events to budge the Pound for the rest of today, it is anticipated that Sterling will trade with a NEUTRAL bias ahead of tomorrow morning’s UK retail...

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