Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #497

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

Grim IMF Report Downgrades Global GDP Growth Forecast, Pressurising GBP USD Rate, Euro Gains As ESM Is Unveiled

9 Oct 2012 at 9 AM - Written by John Cameron

After months of political chicanery and manoeuvrings, yesterday’s session finally saw the official announcement from eurozone policymakers that the newly-minted European Stability Mechanism, (ESM), is finally ready to ‘go live’. The announcement came at the latest meeting of the eurogroup of eurozone Finance Ministers in Luxembourg and...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

World Bank?s Downgrade Of Chinese Growth Forecast Sees Pound Dollar Exchange Rate Drop, Solid German Data Supports Euro

8 Oct 2012 at 4 PM - Written by Minesh Chaudhari

A generally poor day for global stock markets has seen the safe-haven US Dollar well supported, sending the GBP USD exchange rate down to close to the psychologically significant 1.6000 level. The pair has been further weighed-down by Friday’s better than anticipated US labour market data, which showed that the rate of US unemployment...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

UK Prime Minister Threatens EU With Budget Veto, Sending Pound Euro Exchange Rate Into A Spin

8 Oct 2012 at 9 AM - Written by James Fuller

The weekend market close has one again brought a significant market development, this time in the form of comments from UK Prime Minister David Cameron which may serve to drive a stake between policymakers in Brussels and London. Cameron used a television interview to confirm that he would consider using the UK’s veto in order to scupper...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Exchange Rate Forecasts - Pound Sterling to Euro, US Dollar & Canadian Dollar Currency Predictions

5 Oct 2012 at 4 PM - Written by David Woodsmith

This afternoon’s closely-watched Non-Farm Payrolls release in the US showed at almost exactly the expected level. However, the latest set of US labour market data also revealed that the official level of unemployment unexpectedly dropped to 7.8% last month, down from August’s reading of 8.1%. The market’s instant reaction to the news...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Currency Predict Forecasts

GBP EUR Exchange Rate Tumbles on Draghi's Positive Words, Pound to Dollar Investors Await Non-Farm Payrolls Data

5 Oct 2012 at 9 AM - Written by John Cameron

Today brings another big day in the currency markets, as ‘Non-Farm Friday’ is with us once again. The key US Non-Farm Payrolls labour market figure is due for release at 1330hrs BST and after last month’s extremely disappointing showing of 96,000, expectations are that this month’s edition will reveal a slight uptick in the rate of...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound Slips Against The Euro Following ECB And Bank Of England Policy Decisions

4 Oct 2012 at 4 PM - Written by Minesh Chaudhari

Today’s central bank policy decisions have largely been damp squibs, with both the Bank of England and the European Central Bank opting to maintain their respective monetary policies as they are. The market’s instant reaction has been to send the GBP EUR exchange rate lower – the pair is currently trading at 1.2425. The move lower is...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound Euro Rate Steady Ahead Of BoE And ECB Announcements ? Fed FOMC Minutes Could Send GBP USD Higher

4 Oct 2012 at 9 AM - Written by Frank Davies

The overnight Asian session provided further evidence that Australia’s economy is beginning to feel the effects of the global slowdown. August’s Retail Sales figure showed a month-on-month uptick of only 0.2%, following July’s dire reading of -0.8%. Analysts had been anticipating a monthly increase of 0.4%. The poor shop sales number...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Daily Currency Forecasts

Pound To Euro Exchange Rate Prediction, US Dollar, Norwegian Krone Forecasts

3 Oct 2012 at 4 PM - Written by Toni Johnson

There was double delight for investors holding the EURO this morning when August’s whole of eurozone Retail Sales figures beat expectations and July’s version was revised upwards. The positive news has seen the single currency well-supported on the day, sending the GBP EUR exchange rate down to 1.2480. The euro is expected to trade with a...

CATEGORIES: Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pou Forecasts

Daily Foreign Currency Exchange Rate Predictions For GBP To EUR, USD & AUD

2 Oct 2012 at 4 PM - Written by Minesh Chaudhari

The UK economy has expanded during the last three months, according to the British Chambers of Commerce. The independent body found that British economic activity expanded by half a percentage point, more than cancelling out the 0.4% which it contracted by in the three months to the end of June. The news has failed to convince investors that...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predi Forecasts

Pound To Australian Dollar Exchange Rate Spirals As RBA Cuts Interest Rates

2 Oct 2012 at 9 AM - Written by Minesh Chaudhari

Market focus during last night’s Asian session settled on the Reserve Bank of Australia’s policy decision. The RBA sprung a surprise on market participants by trimming its key lending rate from 3.5% down to 3.25% - analysts had been anticipating a vote for ‘no change’ by the Australian central bank’s policy committee. The RBA’s...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Euro Forecasts E Forecasts