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American Dollar Forecast Directory - Page #502

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

Pound Euro Exchange Rate Could Dip On Tomorrow?s UK And Eurozone CPI Inflation Numbers

15 Oct 2012 at 6 PM - Written by David Woodsmith

Stronger than anticipated us Advance Retail Sales data, released earlier this afternoon, caused a slight weakening of the US Dollar, taking the GBP USD exchange rate back up towards the 1.6100 level during this afternoon’s European equities session. The Greenback had been showing signs of weakening in the early part of today’s session,...

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Pound Dollar Exchange Rate Could Rise Following Chinese CPI Data, Sterling Investors Nervously Await Tomorrow?s UK CPI Figures

15 Oct 2012 at 10 AM - Written by John Cameron

The major development in the global markets during the overnight session has been the release of the latest Chinese CPI Inflation figures. Tellingly, the September numbers revealed that the rate of domestic price rises in China had dipped from 2.0% in August to 1.9% last month, suggesting that persistent price pressures in the giant Asian...

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Exchange Rate Predictions - Pound Sterling to Euro, US Dollar And New Zealand Dollar Currency Forecasts

12 Oct 2012 at 3 PM - Written by Frank Davies

This afternoon’s US Producer Price Index, considered to be a reliable indicator of future levels of inflation in an economy, printed above expectations at an annualised 2.1%. With domestic price rises showing little sign of abating, the Federal Reserve’s hands look to be tied regarding future increases to its current US$40bn Quantitative...

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GBP EUR Exchange Rate Dips, US Dollar Investors Await Michigan Confidence Survey

12 Oct 2012 at 10 AM - Written by Tim Boyer

The Pound has lost further ground against the euro during the overnight session, sending the GBP EUR exchange rate down to 1.2364. The firming of the single currency following yesterday’s ECB Monthly Report yesterday has continued, sending the euro higher against both the US Dollar and Sterling. Support for the EUR has come in spite of...

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Pound Euro Exchange Rate Steady In Spite Of Spanish Debt Downgrade, Fed?s Downbeat Beige Book Release Could Mean More QE

11 Oct 2012 at 9 AM - Written by John Cameron

Last night’s release of the latest version of the Federal Reserve’s Beige Book underlined the extensive underlying problems which still face the world’s largest economy. The official document from America’s central bank found that the US economy had expanded ‘modestly’ since the start of September. Surprisingly, this uptick in...

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Pound Aussie Exchange Rate Dips In Spite Of Negative Assessment Of The Global Economy By IMF, GBP NZD And GBP ZAR Also Lower

10 Oct 2012 at 4 PM - Written by Toni Johnson

Today’s session in the currency markets has been marked by some interesting price action for Sterling crosses, in spite of a general dearth of tier one data releases and global risk events. Stock markets have continued to give up ground on the day, with London’s FTSE 100 trading down by almost half a percentage point by the middle part of...

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Pound Euro Exchange Rate Steady Despite German Chancellor Merkel?s Failure To Offer An Olive Branch To Greece

10 Oct 2012 at 9 AM - Written by Ben Hughes

German Chancellor Angela Merkel braved tens of thousands of angry Greek protestors during her visit to the troubled Hellenic state’s capital yesterday. Merkel pointedly failed to announce any loosening of the harsh austerity measures which the Greek populace feel have been asphyxiating them over recent years. In truth, an olive branch was...

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NIESR Projects That UK Economy Grew By 0.8% In Q3, Pound Dollar Exchange Rate Drops On Investor Sentiment

9 Oct 2012 at 4 PM - Written by Frank Davies

This morning’s session brought the delivery of a triple blow to Sterling in the form of a disappointing set of UK Industrial Production, Manufacturing Production and Visible Trade Balance figures for August. The data suggests that the British economy is continuing to creak under the pressure of the hefty austerity measures which the...

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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...

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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...

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