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Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #486

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

Pound Euro Exchange Rate (GBP EUR) Makes Gains As Cyprus Considers Taking Russian Bailout Funding

21 Mar 2013 at 10 AM - Written by Toni Johnson

The US Dollar has weakened somewhat in the aftermath of yesterday evening’s Federal Reserve FOMC policy announcement. Although the US central bank’s policy committee opted not to adjust its current policy stance, the accompanying statement which was released at the same time suggested that Quantitative Easing is here to stay in the...

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Investors Await Policy Announcements And Commentaries From The Bank of England, US Federal Reserve & SARB

20 Mar 2013 at 9 AM - Written by Toni Johnson

Today’s session brings the release of a slew of economic data releases across the globe, almost guaranteeing significant price action for almost all of the world’s major currency pairs. As ever, today’s central bank announcements and commentaries are likely to cause institutional investors to adjust their predictions for the future...

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GBP EUR Currency Exchange Rate Forecast & USD AUD Predictions

19 Mar 2013 at 3 PM - Written by John Cameron

A positive ZEW Economic sentiment survey, released this morning, was not enough to trigger a comeback for the EURO against the Pound on the day. Market participants continue to remain reticent about holding funds in euro-denominated assets thanks to the EU/ECB’s announcement of Cyrus’s onerous bailout conditions. The current GBP EUR...

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GBP EUR Exchange Rate Maintains Gains On Cyprus Bailout Fears, GBP AUD, GBP CAD & GBP NZD Rates Also Up

19 Mar 2013 at 9 AM - Written by Tim Boyer

One issue dominates the thoughts of investors in the foreign currency market at the moment – the proposed bailout for Cyprus. News has emerged within the past 24hrs that the terms of the miniscule Island state’s emergency funding package are to be re-negotiated following widespread public outrage amongst the nation’s population at the...

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Pound Dollar Exchange Rate (GBP USD) Tests Lower Following Cyprus Bailout

18 Mar 2013 at 4 PM - Written by Minesh Chaudhari

The euro suffered pronounced selling pressure when the currency markets re-opened at the start of today’s session following the eurogroup of Finance Ministers’ surprise weekend announcement that Cypriot savers would be forced to make a hefty contribution towards the nation’s proposed €10bn bailout. The news sent the Pound to euro...

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Strong US Data Sends GBP USD Exchange Rate Lower Again

15 Mar 2013 at 6 PM - Written by John Cameron

This afternoon’s session was marked by further positive data releases in the US. Manufacturing production data for last month showed that the combined output of America’s factories expanded by a healthy 0.8% last month, while US Industrial Production data, also for February, showed a gain of 0.7%, which was well ahead of analysts’...

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Pound Sterling Posts Gains Against EUR & USD Following BoE Governor King?s Positive Comments

15 Mar 2013 at 10 AM - Written by David Woodsmith

The Pound has consolidated on yesterday’s gains during the overnight session, following comments from Bank of England Governor Mervyn King, who stated that the British economy is on the verge of a recovery. The BoE Governor’s words represented a significant U-turn, as King has consistently delivered negative commentary regarding the state...

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Exchange Rate Forecast For GBP EUR And Foreign Currency Predictions For CHF, AUD

14 Mar 2013 at 2 PM - Written by Minesh Chaudhari

With no major UK data releases penned in for the remainder of the week, investors may well pick another target to downsell, following the POUND STERLING’s recent tame performance in the markets. Next week more than makes up for the blank data schedule at the end of this week, and Sterling is expected to trade on a NEUTRAL TO NEGATIVE...

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Pound Australian Dollar Exchange Rate (GBP AUD) Drops Following Strong Australian Employment Data

14 Mar 2013 at 10 AM - Written by John Cameron

The major market-moving risk events during the overnight session came from the Antipodes in the form of the latest Reserve Bank of New Zealand (RBNZ) policy decision and the publication of last month’s Australian unemployment data. As per analysts’ expectations, the RBNZ opted to maintain New Zealand’s domestic interest rate at...

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GBP EUR Rate On The Up Following Italian Debt Sale, GBP USD Rate Under Pressure

13 Mar 2013 at 3 PM - Written by Tim Boyer

The euro took a hit during this morning’s session as investors’ focus once again settled on Italy. The troubled Mediterranean nation, which is effectively rudderless following last month’s inconclusive general election result, was the subject of a damning result from the global bond market earlier today, when the latest auction of...

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