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American Dollar Forecast Directory - Page #511

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

Euro Rate Today - GBP to EUR Exchange Rate Heads Lower As Investors Price-In ECB Action

1 Aug 2012 at 9 AM - Written by David Woodsmith

STORY LINK Euro Rate Today - GBP to EUR Exchange Rate Heads Lower As Investors Price-In ECB Action

Yesterday’s session saw the GBP EUR exchange rate trade down by almost 0.75% by the close of Europe’s equities markets, as a combination of Sterling weakness and relative Euro strength caused downward pressure on the pair. The single currency made gains as institutional investors bet that the European Central Bank will take positive steps...

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Today?s Currency Rate Predictions For USD, CAD, GBP, EUR

31 Jul 2012 at 6 PM - Written by Ben Hughes

STORY LINK Today?s Currency Rate Predictions For USD, CAD, GBP, EUR

Global stocks have endured a day of losses following negative comments from German policymakers which suggested that the Teutonic giant would oppose further bond purchases by the ECB. This has caused some safe haven support for the US DOLLAR, however this afternoon’s stronger-than-anticipated US Consumer Confidence survey could spell...

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Exchange Rates Today: GBP USD Threatens to go Higher as Share Markets Register Further Gains

31 Jul 2012 at 10 AM - Written by Minesh Chaudhari

STORY LINK Exchange Rates Today: GBP USD Threatens to go Higher as Share Markets Register Further Gains

Investor sentiment remained buoyant during the overnight session, as Asian share indices followed the lead set by their European and North American counterparts and traded into positive territory. Improved appetite for risk has provided a fair wind for the risk-sensitive Australian Dollar, sending the GBP AUD exchange rate down to close to...

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Lower Borrowing Costs For Spain And Italy Colour Currency Predictions For EUR, USD, GBP And AUD

30 Jul 2012 at 6 PM - Written by James Fuller

STORY LINK Lower Borrowing Costs For Spain And Italy Colour Currency Predictions For EUR, USD, GBP And AUD

A highly positive session for global equities markets has seen the US DOLLAR remain out of favour amongst international investors, who have continued to dip their feet into the sea of riskier assets. This has seen the GBP USD exchange rate remain close to the 1.5700 level during today’s session. With Thursday’s Bank of England and ECB...

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Stock Markets Improve And GBP EUR Dips On Positive Comments From Europe?s Policymakers

30 Jul 2012 at 10 AM - Written by John Cameron

STORY LINK Stock Markets Improve And GBP EUR Dips On Positive Comments From Europe?s Policymakers

Global stocks have opened up higher this morning, following last Friday’s positive session. London’s FTSE 100 is trading half a per cent higher than Friday’s close in early trading, whilst European bourses have opened up with similar gains. Equities markets have been reassured by the words of Europe’s policy-makers at the end of...

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Forex Rates Today - Pound to Dollar Rate Gains Thanks to Some Much Needed Euro Optimism

26 Jul 2012 at 6 PM - Written by Ben Hughes

STORY LINK Forex Rates Today - Pound to Dollar Rate Gains Thanks to Some Much Needed Euro Optimism

The Pound has made significant gains against the US Dollar and has advanced against 14 of its major counterparts. Sterling rose by its highest amount since October as optimism rose over the Eurozone crisis. The president of the European Central bank Mario Draghi said that Euro officials will do whatever is needed to preserve the single...

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British Pound Sterling Down Against US Dollar and Euro Exchange Rates, EUR Gains After ECB Comments

26 Jul 2012 at 10 AM - Written by Toni Johnson

STORY LINK British Pound Sterling Down Against US Dollar and Euro Exchange Rates, EUR Gains After ECB Comments

The UK economy suffered some bad news yesterday thanks to the worse than expected GDP figures for June. The figures released by the office of national statistics (ONS) showed that the country’s GDP shrank by 0.7% a figure far worse than the predicted 0.2%. The figures will be of grave concern for the British government and chancellor George...

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Exchange Rates Today: UK Economy Suffers Terrible GDP figures, GBP is Set to Fall Against the USD

25 Jul 2012 at 3 PM - Written by Ben Hughes

STORY LINK Exchange Rates Today: UK Economy Suffers Terrible GDP figures, GBP is Set to Fall Against the USD

The British economy has contracted by 0.7pc during the second quarter - representing the largest quarterly contraction since Q1 2009. Earlier the Pound made dips against the Euro and Dollar ahead of the release of today’s GDP figures for the second quarter. Weak economic data out of the Eurozone and America has seen Sterling firm its...

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AUD & NZD Dollar Exchange Rates Rally After Chinese PMI data, Yen Euro Hits 11 Year High

24 Jul 2012 at 2 PM - Written by John Cameron

STORY LINK AUD & NZD Dollar Exchange Rates Rally After Chinese PMI data, Yen Euro Hits 11 Year High

The release of the latest PMI out of China saw the currencies of the Australian and New Zealand dollar perk up once again after the data showed that China’s manufacturing output grew at its fastest pace for nine-months. The data was welcome news to the Aussie and Kiwi who regard China as one of their most important trading partners. The...

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CAD Dollar Exchange Rate Slumps to 11 Day Low Against US Dollar as the Euro Continues to Take a Beating

23 Jul 2012 at 7 PM - Written by James Fuller

STORY LINK CAD Dollar Exchange Rate Slumps to 11 Day Low Against US Dollar as the Euro Continues to Take a Beating

The worsening Euro Crisis has seen the Canadian Dollar slump to its lowest level in 11 days against its U.S relation. Concerns are rising that the Spanish government is getting close to announcing a request for more financial aid from the EU. Many traders believe that any further bailouts will be part of a sovereign bailout deal, much like...

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