Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #504

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

Pound To Euro Exchange Rate On The Front Foot And Could Go Higher

9 Aug 2012 at 4 PM - Written by Minesh Chaudhari

The EURO has suffered another injurious day in the currency markets, losing ground against most of the other majors. This time, the damage was done by a downbeat ECB monthly report which suggested that the potential remains for the eurozone’s debt crisis to escalate, triggering further downside for the region’s real economy. The GBP EUR...

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Exchange Rates Today - GBP/AUD & GBP/NZD Rate Dip on Positive Australian Data

9 Aug 2012 at 10 AM - Written by Frank Davies

Last night’s major risk events of note came in the form of the latest New Zealand and Australian employment figures. The headline Australian figure showed that the domestic rate of unemployment had unexpectedly dipped from 5.3% to 5.2% last month. The release proved supportive for the Aussie Dollar, sending the GBP AUD exchange rate down to...

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Pound To Euro Exchange Rate Gains In Spite Of BoE Growth Downgrade

8 Aug 2012 at 6 PM - Written by Toni Johnson

Not for the first time, today’s session has seen the Bank of England stick the knife into the POUND STERLING. Governor Mervyn King announced that he expects the UK economy to show zero growth for 2012 – the Bank’s previous estimate was for a 0.8% expansion in Britain’s economy this year. There was bad news in several other major...

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Daily Exchange Rate Predictions For GBP USD EUR AED

7 Aug 2012 at 4 PM - Written by John Cameron

The POUND STERLING is enjoying a positive day, gaining ground against nearly all of the other majors. This morning’s UK industrial and manufacturing data beat expectations, helping Sterling set out on the right foot. Investors holding the Pound appear unphased by accusations that British bank Standard Chartered has been involved in...

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Pound To Dollar Exchange Rate Under Threat As Standard Chartered Shares Slump

7 Aug 2012 at 10 AM - Written by James Fuller

As this morning’s European session gets underway, yesterday’s positive performance in the world’s share markets could be cancelled out following revelations regarding giant UK-based bank Standard Chartered, which broke overnight. It is alleged by the New York State Department of Financial Services that the British behemoth has colluded...

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Foreign Currency Exchange Rate Forecasts For GBP, USD, EUR and NOK

6 Aug 2012 at 6 PM - Written by Tim Boyer

Another dismal day for the POUND STERLING has seen it give up ground against all of the other sixteen most actively-traded currencies. This morning’s Halifax House Price survey confirmed that Britain’s housing sector remains in the doldrums, but the major factor weighing down the Pound is the Q2 UK GDP growth figure, released almost two...

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Pound Euro Exchange Rate Could Head Higher On ECB President Monti's Comments

6 Aug 2012 at 10 AM - Written by John Cameron

As this week’s session begins, the euro and global stock markets are trading slightly lower. The downward move for equities comes in spite of last Friday afternoon’s highly positive US Non-Farm Payrolls data, which showed that job creation in the world’s leading economy far outstripped expectations last month. The wobble in global...

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Daily Foreign Currency Rate Predictions For USD, GBP, EUR and CHF

3 Aug 2012 at 4 PM - Written by David Woodsmith

The US DOLLAR stole the headlines in the currency markets once again today, with the release of July’s edition of the Non-Farm Payrolls data. The key release showed that job creation in the world’s leading economy was buoyant last month. The news took global shares higher and caused downside pressure for the Greenback. The GBP USD...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound To Euro Exchange Rate Spirals Following ECB President Mario Draghi?s Empty Words

3 Aug 2012 at 9 AM - Written by Minesh Chaudhari

Yesterday’s session in the currency markets was shaped by the words of one man – European Central Bank President Mario Draghi. The euro had been holding up well in the immediate aftermath of the ECB’s latest policy announcement, which came at 1245hrs BST yesterday. Investors appeared relieved that Europe’s central bank had elected not...

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Exchange Rate Forecasts for Pound Sterling, Euro, US Dollar & CAD Dollar

2 Aug 2012 at 4 PM - Written by Tim Boyer

The EURO has taken a pasting in the currency markets today, taking the GBP EUR exchange rate back towards the mid-1.27s once more. The single currency came under selling pressure following ECB President Mario Draghi comments in his press conference this afternoon. Draghi announced no specific measures to lower Spain and Italy’s borrowing...

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