Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #501

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

Pound To Euro Exchange Rate Forecast, US Dollar & Singapore Dollar Predictions

3 Sep 2012 at 4 PM - Written by Frank Davies

Today’s session started on a positive note for the POUND STERLING, with the release of a stronger than anticipated UK PMI Manufacturing survey for August. Although the survey considerably bettered expectations, it showed that Britain’s manufacturing sector is still contracting. Hardly great news for the Pound ahead of Thursday’s Bank of...

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Pound To Dollar Exchange Rate Threatens To Go Higher As Bernanke Hints As Further QE In The US

3 Sep 2012 at 9 AM - Written by David Woodsmith

Friday’s main event in the currency markets saw Federal Reserve Chairman Ben Bernanke address the annual Jackson Hole forum of central bankers. As ever, Bernanke’s comments were closely-monitored by investors for clues regarding the future direction of monetary policy in the US. Although the Fed Chairman failed to explicitly...

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Daily Exchange Rate Predictions For USD, GBP, EUR and AUD

31 Aug 2012 at 4 PM - Written by John Cameron

The US DOLLAR has firmed this afternoon following doom-laden comments from Fed Chairman Ben Bernanke in Jackson Hole. Bernanke expressed his ‘grave concern’ regarding the state of America’s labour market and talked of the US’s ‘daunting economic challenges’. While he failed to rule out further QE in the States, there was nothing...

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Exchange Rates Forecast - GBP to USD Exchange Rate Slips As World Awaits Bernanke's Jackson Hole Speech

31 Aug 2012 at 9 AM - Written by Ben Hughes

Global markets endured a twitchy afternoon yesterday, with London’s FTSE 100 ending the session down by almost half a percentage point on the day. The febrile mood was caused by investors’ concerns over the content of Ben Bernanke’s much-vaunted Jackson Hole speech which comes later today. Another semi-positive US data release yesterday...

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GBP EUR Rate Edges Higher, NOK & USD Predictions

30 Aug 2012 at 6 PM - Written by Toni Johnson

Support for the US DOLLAR has once again eased during today’s session, in spite of this afternoon’s weaker than anticipated US Personal Consumption data. Ordinarily, on a day when shares have traded down and a weak domestic data set has been released, analysts would expect the Buck to strengthen. The fact that it hasn’t suggests that...

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Pound To Australian Dollar Exchange Rate Up Following Weak Australian Building Approvals Data

30 Aug 2012 at 9 AM - Written by John Cameron

Last night’s Asian session saw a tame performance from the region’s leading stock indices, with both Tokyo’s Nikkei 225 and Hong Kong’s Hang Seng giving up over 1% of their total value. The shift out of risk was partly driven by last night’s highly disappointing Australian Building Approvals data for July, which showed a massive...

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Pound To Euro Exchange Rate Edges Higher, US Dollar & Canadian Dollar Predictions

29 Aug 2012 at 4 PM - Written by Ben Hughes

The POUND STERLING has enjoyed a decent session so far today, making gains against virtually all of the other majors. With the UK economic data schedule once again blank, the move was technical rather than fundamental in nature. Sterling was looking oversold across the board earlier in the week and is now drifting back upwards towards fair...

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Pound To Euro Exchange Rate Dips On ECB Bond Buying Hints

29 Aug 2012 at 9 AM - Written by Frank Davies

Yesterday’s afternoon session saw the release of the latest edition of the closely-watched US Consumer Confidence survey and it made for interesting reading. The data revealed that consumer sentiment in the world’s leading economy has contracted by a significant amount this month. The survey showed at 60.6, significantly down from...

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Foreign Currency Exchange Rate Forecasts For EUR, USD, GBP and AUD For Today

28 Aug 2012 at 4 PM - Written by James Fuller

The EURO has made gains against both the US Dollar and the Pound on the day, taking the GBP EUR exchange rate down to 1.2578. The move has come in spite of escalating concerns regarding Spain’s public finances following the revelation that Catalonia, an autonomous region of the Iberian state, is seeking a €5bn bailout from Madrid. A...

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Exchange Rates Today - Weak Chinese And German Data Sets Keep Euro Weak And Send GBP USD Lower

28 Aug 2012 at 9 AM - Written by John Cameron

Yesterday’s session in the currency markets marked the final public holiday in the UK until the Christmas shutdown, meaning that there was little in the way of price action for Sterling-based pairs. However, it was a case of ‘business as usual’ for the world’s other major currencies, with some significant data releases triggering...

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