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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.

Daily Exchange Rate Forecast For The Pound Sterling, US Dollar, Euro And Norwegian Krone

16 Aug 2012 at 6 PM - Written by John Cameron

The POUND STERLING enjoyed a bullish start to today’s European session with the release of significantly better than anticipated UK retail sales numbers for last month. However, the bounce proved short-lived for the Pound, as investors soon stepped back and saw the bigger picture. That picture paints an image of a country with no growth in...

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Strong UK Retail Sales Data Sends GBP USD and GBP EUR Exchange Rates Higher

16 Aug 2012 at 10 AM - Written by Tim Boyer

The tentative improvement in global risk sentiment which the markets have experienced over the past two days is likely to be severely tested during today’s session, thanks to Chinese leader Wen Jiabao’s overnight comments. Wen stated that Asia’s leading economic power is likely to experience a weakening of economic activity in the short...

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Today?s Currency Rate Forecasts For The Pound Sterling, Euro, US Dollar and Singapore Dollar

15 Aug 2012 at 6 PM - Written by Minesh Chaudhari

Today proved to be a ‘good news’ day for the POUND STERLING following the release of the latest British unemployment figures which revealed that the number of unemployed in Britain had dropped to 2.56m in the second quarter of this year. The Sterling-positive mood was added to by the release of the latest Bank of England minutes which...

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Pound To Euro Exchange Rate Could Rise, US Dollar And Indian Rupee Also Moving

14 Aug 2012 at 6 PM - Written by Ben Hughes

Once again, data regarding the eurozone’s real economy determined price action for the single currency during today’s session. German GDP data, out first thing, disappointed and whole-of-eurozone data, out later this morning came out as per expectations. Overall, the figures were slightly EURO-negative, sending the GBP EUR exchange rate...

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Latest Pound Sterling Exchange Rate Forecasts: GBP to EUR, USD and CHF

13 Aug 2012 at 6 PM - Written by Minesh Chaudhari

Disappointing Japanese GDP growth data, released during last night’s Asian session, has taken the edge off global risk sentiment on the day. However, the US DOLLAR has failed to benefit to any great degree and the GBP USD exchange rate stands at 1.5690. If negative investor sentiment continues into tomorrow’s session, then the support for...

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Pound To US Dollar Exchange Rate At Risk Due To Weak Global Data

13 Aug 2012 at 9 AM - Written by John Cameron

Thin trading volumes during last week’s session in the currency markets led to relatively limited price action for the world’s major tenders. August is traditionally a slow month, but with much of the movement for major pairs in recent months having been driven by a series of comments from central bankers and European policymakers and by...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Gains Against Euro, Dips Against Safe Haven US Dollar And Yen ? GBP / EUR Could Go Higher

10 Aug 2012 at 4 PM - Written by David Woodsmith

Weak Chinese trade figures overnight have taken the edge off global stocks as this week’s session grinds to a halt. The move has caused some support for the US DOLLAR, sending the GBP USD exchange rate down to 1.5576 in early trading today. Disappointing Canadian employment numbers this afternoon have added to the bleak mood, upping the...

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GBP CAD Exchange Rate Could Break Lower, Euro Currency Remains Under Pressure

10 Aug 2012 at 9 AM - Written by John Cameron

A tension exists in the eurozone and it is hurting the region’s currency. Yesterday’s session provided further evidence of this, with the euro leaking support against virtually all of the other majors. Investors are fully aware of the fact that several eurozone states are facing up to their own individual debt crises; this much has been...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Euro Forecasts Eur Forecasts

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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