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Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #492

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

Foreign Currency Exchange Rate Prediction For GBP EUR And Forecasts For USD & NOK

22 Jan 2013 at 2 PM - Written by John Cameron

This morning’s UK public sector borrowing data for last month showed at a higher level than expected, raising concerns that Britain may be about to relinquish its AAA credit rating. The POUND STERLING slumped against the other major global currencies following the release. With Friday’s UK Q4 GDP data expected to disappoint, the outlook...

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USD remains strong as Consumer sentiment figures disappoint

18 Jan 2013 at 6 PM - Written by Frank Davies

The ‘Greenback’ has made gains against the majority of its most traded peers due to yesterday’s US Unemployment figures coming in at a five-year low. Its gains were limited however due to a disappointing manufacturing report. The latest US Prelim University of Michigan Consumer Sentiment figures came in at their lowest level in two...

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Currency roundup: Euro soars as Yen plummets, Pound weakens

18 Jan 2013 at 10 AM - Written by Tim Boyer

Currency roundup: Euro soars as Yen plummets The Euro has strengthened close to a 10-month high against the US Dollar after Spain’s borrowing costs fell during a €4.5 billion sale of government bonds boosting confidence in the European debt markets. As a result the single currency strengthened against all 16 of its major peers...

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Japanese Yen tumbles as Euro recovers

17 Jan 2013 at 6 PM - Written by Toni Johnson

Japanese Yen tumbles as Euro recovers The Japanese Yen has fallen against the majority of its most traded currency peers today after investors grew cautious as they awaited the launch of the Bank of Japans expected aggressive monetary easing policy. Elsewhere, the Euro thrived after a series of strong performances at the bond auctions...

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South African Rand currency update

17 Jan 2013 at 10 AM - Written by David Woodsmith

The South African Rand has strengthened for a second day against the US Dollar after striking workers from the nation’s key mining and farming sectors went back to work. The move has eased investor concerns that the nations labour problems will worsen. Anglo Platinum, the biggest producer of Platinum in the world announced that...

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Euro weakens for second day against US Dollar

16 Jan 2013 at 6 PM - Written by Ben Hughes

Euro weakens for second day against US Dollar The Euro has weakened against the US Dollar for a second straight day as optimistic comments made by the European Central Bank gave way to profit taking and growing concerns over the Eurozone’s economy. The Euro weakened against the US Dollar due to taking losses against its safe-haven...

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GBP falls for fourth day, EUR surges

16 Jan 2013 at 10 AM - Written by Toni Johnson

The Pound weakened for a fourth day against the US Dollar and is heading for its lowest level for nine months against the Euro. The declines are a result of UK Prime Minister David Cameron’s plan to renegotiate Britain’s membership within the European Union. Economists believe that any renegotiations could cause the nation’s...

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Foreign Currency Exchange Rate Predictions For GBP EUR, Forecasts For USD And NZD

15 Jan 2013 at 2 PM - Written by Tim Boyer

The POUND STERLING has struggled to gain any ground against the other major currencies so far today. This morning’s UK CPI inflation data showed at the expected annualised 2.7% level – anything less than this would have placed pressure on the UK tender. The next significant risk event of note comes on Friday in the form of December’s...

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Pound Euro Exchange Rate (GBP EUR) Breaks To New 9 ? Month Low, Negative Signs For Australia?s Housing Sector

14 Jan 2013 at 4 PM - Written by John Cameron

This morning’s whole of eurozone Industrial Production data for November showed an annualised drop of some 3.7% in the region’s total factory output. The drop shows that the contraction in the level of goods and services coming out of Europe’s factories is picking up pace – October’s counterpart figure showed at -3.3%. The ugly...

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GBP EUR Exchange Rate Forecasted To Head Lower Despite Record Greek Unemployment Figure

11 Jan 2013 at 9 AM - Written by Frank Davies

Japan’s recently-elected Prime Minister Shinzo Abe issued a statement of intent last night when his new government announced that it will be injecting a mammoth 10.3 trillion Yen of new credit into the nation’s ailing economy in an attempt to spur domestic economic growth. Japan’s policymakers have estimated that the package, which...

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