Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #509

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

Exchange Rates Today: Indian Rupee Sees Biggest Daily Gain in 3 Years

29 Jun 2012 at 6 PM - Written by Minesh Chaudhari

The Indian Rupee has posted its biggest daily gain for three years today after the Indian government confirmed that it will impose retroactive taxes on foreign investors and the positive news out of the European summit in Brussels calmed market nerves. Despite the gains, the rupee has posted its worst quarter in at least 17 years having first...

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Euro Exchange Rate Surges Against Pound & Dollar As EU Agreement Reached

29 Jun 2012 at 10 AM - Written by Ben Hughes

The Euro exchange rate has seen a change in its fortunes and has surged to a three month high against the US Dollar. The outcome from the first day of the key EU summit produced firm decisive action to halt the slide of the Eurozone debt crisis. EU leaders agreed that its rescue funds would be used to stabilise the bond markets without...

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Yen Exchange Rate Today - JPY Strengthens vs Euro and Dollar as Investors Seek Safe Havens

28 Jun 2012 at 4 PM - Written by James Fuller

The Euro has continued to fall against the Japanese Yen posting a new three week low against the resilient safe haven currency. The fall comes as European leaders meet in Brussels for the Eurozone’s 20th meeting and 20th attempt to come to some sort of deal on how to sort out the crisis. The markets confidence that any positive outcome...

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Dollar Exchange Rate Weakens Against Peers as Confidence Grows Ahead of EU Summit

28 Jun 2012 at 10 AM - Written by John Cameron

The US dollar has weakened against many of its counterparts after Asian stocks rallied for a second day in a row as the markets grow more confident ahead of today’s EU summit in Brussels. The main reason for the dollars weakening is that Investors are cautious about entering the weekend filled with risk-off positions in case positive...

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The USD gains from safe haven status as the Euro waits for a result from Thursday?s summit

27 Jun 2012 at 4 PM - Written by Toni Johnson

The US Dollar saw further gains against the Euro yesterday as the low expectation from investor’s ahead of Thursdays EU summit has seen confidence in the single currency wane over the course of the week. The ‘Greenback’ is benefitting greatly from its status as a safe haven currency as risk sentiment remains low ahead of the summit....

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GBP EUR Exchange Rate Climbs In Spite Of Announcement Of Deeper Integration, GBP USD Also On The Up

26 Jun 2012 at 6 PM - Written by Ben Hughes

Last night’s Asian session brought a major development in Japan, when the country’s parliament voted to increase the nation’s sales tax by a whopping 100%. The move was aimed at balancing the giant Asian economy’s books within three years, however market participants remain unconvinced and the Yen has failed to gain any significant...

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Pound To Euro Exchange Rate Steady Ahead Of Eurozone Debt Summit

26 Jun 2012 at 10 AM - Written by Toni Johnson

Yesterday’s losses for global equities have been stemmed in early trading today, with London’s FTSE 100 opening up by a quarter of a percentage point. Fears over the latest eurozone summit, due to take place later this week, (injuries and illness permitting), took the edge off global appetite for risk yesterday, but with institutional...

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Pound Sterling's Gains Against Australian Dollar Could Be Short-Lived, GBP USD Exchange Rate Drops And GBP EUR Rate Edges Higher

25 Jun 2012 at 6 PM - Written by John Cameron

A very quiet day for global data releases has not stopped there being considerable volatility in the currency markets on the day. As usual, the eurozone hogged the limelight, with the news that debt-addled Spain has formally approached the other sixteen eurozone states to request a formal bail-out. The development has seen the single currency...

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Euro Rate Today: GBP/EUR Up Again As Investors Fear Outcome Of Latest Eurozone Debt Summit

25 Jun 2012 at 10 AM - Written by Tim Boyer

Today’s session has opened up with risk firmly off the menu once more, as the initial showing for London’s FTSE 100 printed down by over 0.50% from Friday’s close. European bourses have been open for an hour longer than their London counterpart and they are showing losses of an even greater magnitude, with Frankfurt’s benchmark Dax...

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Pound To Hong Kong Dollar Rate Could Dip As Investors Shift Out Of Risk

22 Jun 2012 at 4 PM - Written by Minesh Chaudhari

A quiet day for UK data releases failed to hold back the Pound, which registered healthy gains across the board during this morning’s European session. However, Sterling positivity was on the wane by the middle part of the day, as investors start to fear the worst for Britain’s banks following Moody’s actions in downgrading of three...

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