Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #487

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

NIESR GDP Estimate Suggests UK Economy Is Still Contracting Sending GBP EUR Exchange Rate Lower

13 Mar 2013 at 9 AM - Written by Toni Johnson

Yesterday afternoon’s closely-watched UK GDP Growth Estimate for February showed that the UK economy is still in contraction. The figure, which uses the British Government’s official modelling software to generate its forecast, suggests that Britain’s down-at-heel economy shrank at a quarterly pace of 0.1% last month. Even more...

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Pound Euro Exchange Rate (GBP EUR) Recovers Slightly On Positive UK Housing Sector Report

12 Mar 2013 at 9 AM - Written by Frank Davies

There was more disappointing news from the eurozone yesterday afternoon, but the Pound euro exchange rate (currency : GBP EUR) still closed down on the day yesterday. In a worrying development from Italy, the spectre of mainland Europe’s ‘elephant in the room’ re-entered the minds of investors with the news that the struggling...

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Foreign Currency Exchange Rate Predictions For GBP EUR, GBP AUD, GBP NZD & GBP CAD For Today

11 Mar 2013 at 3 PM - Written by David Woodsmith

Friday afternoon’s US Non-Farm Payroll data for last month showed that almost a quarter of a million workers had been added to the American payroll. Analysts had been expecting a print of only 165,000. The release triggered a lurch in risk sentiment which precipitated significant movement for the world’s major currency pairs. Investors...

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GBP USD & GBP CAD Exchange Rates Tumble To 32-Month Lows, GBP AUD At 28 Year Low Following US Jobs Data

11 Mar 2013 at 9 AM - Written by John Cameron

Friday’s session brought significant price action for more than one Sterling-based currency pair following the release of labour market data in the world’s largest economy which thrashed market expectations. The final session of the week brought the publication of last month’s Non-Farm Payrolls data in the USA and the closely-watched...

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Foreign Currency Exchange Rate Predictions For GBP AUD, NZD, SGD, HKD & USD For Today

8 Mar 2013 at 2 PM - Written by Tim Boyer

Last night’s Chinese Trade Balance data made for interesting reading for investors holding an array of different currencies. The import / export numbers from the world’s second-largest economy painted a decidedly mixed picture. On the debit side, last month’s Chinese import figures showed a marked drop-off in comparison with...

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GBP EUR Exchange Rate Forecast, Currency Prediction For USD & AUD

8 Mar 2013 at 9 AM - Written by David Woodsmith

The Bank of England chose to maintain its current policy stance yesterday and the POUND STERLING registered short term gains as a knee-jerk reaction. The decision against further Quantitative Easing came as a relief, but within hours investors were shifting out of Sterling-denominated assets thanks to fears over levels of governmental debt...

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GBP CAD Rate Edges Higher On BoC Comments, GBP USD Dips On Firm US Data

7 Mar 2013 at 9 AM - Written by Ben Hughes

Yesterday afternoon’s session brought yet another encouraging data release from the world’s primary economic power. Analysts had expected February’s US ADP Employment data, published at the start of the North American session, to show an increase of 170,000 in the number of American’s in employment last month. The actual print tipped...

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Pound Dollar Exchange Rate Dips Following Chavez Death, GBP AUD Also Down On Australian GDP Data

6 Mar 2013 at 3 PM - Written by Toni Johnson

The newswires during this morning’s session have been buzzing with analysts’ reactions to two differing sets of Q4 Gross Domestic Product figures. Australia lead the way during overnight Asian trading, and investors holding the ‘Aussie’ liked what the official GDP data showed – economic activity in the go-ahead Antipodean economy...

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Bounce In Crude Oil Price Sends GBP NOK And GBP CAD Exchange Rates Lower

6 Mar 2013 at 9 AM - Written by John Cameron

The Pound is not the only asset to have endured a torrid start to 2013 – crude oil has also come under sustained selling pressure since the turn of the year, sending the price of a barrel of Brent crude down to it lowest level of 2013 during Monday’s session. The wholesale oil price had dipped by over 7% in the last five weeks, hinting at...

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GBP EUR Rate Up On Cyprus Fears, GBP AUD Rate Down On RBA 'Hold' Decision

5 Mar 2013 at 9 AM - Written by Minesh Chaudhari

Yesterday’s session threw up an interesting juxtaposition for investors holding euros – just as news broke that the tiny Baltic nation of Latvia had applied to adopt the euro, it emerged that the eurogoroup of Finance Ministers are holding meetings in Brussels aimed at providing a potential €17bn bail-out for the tiny Mediterranean...

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