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American Dollar Forecast Directory - Page #508

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

Exchange Rates Today: Record Low For Euro Against Dollar, Pound, NZ Dollar & Yen Currencies

9 Jul 2012 at 11 AM - Written by Frank Davies

STORY LINK Exchange Rates Today: Record Low For Euro Against Dollar, Pound, NZ Dollar & Yen Currencies

The Pound and New Zealand Dollar have posted new highs against the embattled Euro, ahead of today’s European Finance ministers meeting to be held later today. The ‘Kiwi’ hit a new record high against the Euro in the early hours of this morning reaching as high as 65.07. It is the highest level achieved by the New Zealand Dollar...

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Pound Euro Exchange Rate Hits a 3 1/2 Year High as US Job Figures Dissapoint

6 Jul 2012 at 7 PM - Written by Ben Hughes

STORY LINK Pound Euro Exchange Rate Hits a 3 1/2 Year High as US Job Figures Dissapoint

The Pound to Euro exchange rate has hit a three and a half year high after the release of worse than expected US job figures. The figures raised fears that the global economy is suffering a slowdown and caused investors already worried about the Eurozone to cut their losses and their risk to exposure. The steep fall of the Euro against...

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Euro Exchange Rate Plummets With Euro Dollar 5 Week Low; World Waits US Job Figures

6 Jul 2012 at 11 AM - Written by Tim Boyer

STORY LINK Euro Exchange Rate Plummets With Euro Dollar 5 Week Low; World Waits US Job Figures

The Euro is set to end the week down against a basket of currencies following the lack of investor confidence in the European Central banks attempts to bolster the struggling Eurozone economy. The single currency is struggling at a five week low against the US Dollar and is facing record lows against commodity currencies such as the Aussie...

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Pound Sterling vs Euro Up 0.7%, EUR Suffering After ECB Cut Interest Rates to 0.75%

5 Jul 2012 at 4 PM - Written by Frank Davies

STORY LINK Pound Sterling vs Euro Up 0.7%, EUR Suffering After ECB Cut Interest Rates to 0.75%

The Euro has fallen sharply against a basket of currencies after the European Central Bank confirmed investors belief that it would cut interest rates. The Bank has cut the main interest rate to a record low of 0.75% and also reduced its deposit rate to zero in an effort to tackle the ongoing euro zone crisis. Most observers had been...

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New Zealand Dollar Today: NZD EUR Hit Record High But Dips Ahead ECB Decision

5 Jul 2012 at 11 AM - Written by David Woodsmith

STORY LINK New Zealand Dollar Today: NZD EUR Hit Record High But Dips Ahead ECB Decision

The New Zealand Dollar hit a record high against the Euro yesterday following the news that the workhorse of the Eurozone, Germany posted surprising shrinkage in its service and production industries. The ‘Kiwi’ hit 64.21 euro cents overnight, the highest level seen since the European currency was first launched back in 1999. The news...

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Pound Dollar Exchange Rate Slips, Pound to Euro Steady Ahead of ECB Decisions

4 Jul 2012 at 6 PM - Written by Ben Hughes

STORY LINK Pound Dollar Exchange Rate Slips, Pound to Euro Steady Ahead of ECB Decisions

The Pound exchange rate has slipped against the US Dollar but Pound Euro holding steady following the release of the latest PMI data. The UK’s service sector slumped to a new eight month lows of 51.3 in June compared to 53.3 in May. Observers had been predicting a figure of 52.8. The impact of the data has been lessened as many...

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Australian Dollar Today - AUD Remains Calm After the Reserve Bank Keeps Rates at 3.5%

3 Jul 2012 at 5 PM - Written by Toni Johnson

STORY LINK Australian Dollar Today - AUD Remains Calm After the Reserve Bank Keeps Rates at 3.5%

The Australian Dollar remained relatively calm today after the Reserve Bank of Australia announced that it would keep interest rates at 3.5%, falling in line with market predictions which priced in an 86% chance for no further cuts. The decision to maintain the 3.5% level reflects the strengthening of the Australian economy which has...

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Pound Sterling Steady vs Euro & Dollar As Market Waits Outcome ECB & BOE Meetings

3 Jul 2012 at 11 AM - Written by Frank Davies

STORY LINK Pound Sterling Steady vs Euro & Dollar As Market Waits Outcome ECB & BOE Meetings

The Pound is holding steady against the Greenback and Euro today as market watchers take a wait and see approach to the currency ahead of Thursday’s meetings of the European central bank and the Bank of England. The decision over interest rates and further plans to bolster the Euro zone economies is sure to be the key points of interest for...

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GBP to USD Exchange Rate Falls Today on Back of Weak PMI Data; Euro Slides

2 Jul 2012 at 4 PM - Written by Tim Boyer

STORY LINK GBP to USD Exchange Rate Falls Today on Back of Weak PMI Data; Euro Slides

The Pound has fallen against the Dollar following the release of the latest Purchasing Managers Index data. The report showed that manufacturing activity continued its downward slide for a second month in a row. The data was better than forecast but was not enough to halt a slip. The Markit compiled data showed that manufacturing has...

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Currency Outlook: Euro Rate Weakens Against Currencies Thanks to Poor Economic Data

2 Jul 2012 at 12 PM - Written by David Woodsmith

STORY LINK Currency Outlook: Euro Rate Weakens Against Currencies Thanks to Poor Economic Data

The Euro has halted its eight month high gains and weakened against most of its major peers ahead of the release of data that showed that the regions unemployment levels have reached record highs. The currency had seen gains against most of its peers after EU leaders agreed on providing emergency funds to the struggling economies of Italy and...

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