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Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #513

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

Norwegian Krone is Threatened By Potential Eurozone Slowdown, US Dollar Trends Stronger

23 May 2012 at 6 PM - Written by David Woodsmith

Once again, the euro has hogged the currency market headlines on the day. This time, it was the voice of a ghost from the past which haunted the single currency, as former Greek Prime Minister Lucas Papademos stated that he believed that the troubled Hellenic state was making practical arrangements to leave the eurozone. This has seen share...

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Improved Stock Market Performance Spells Good News For Risk-Tethered Canadian Dollar, While Sterling Suffers

22 May 2012 at 6 PM - Written by Ben Hughes

This morning’s UK inflation numbers showed a greater than anticipated drop in the rate of British price rises last month. The annualised CPI data for April showed a marked pullback in inflation from last month’s 3.5% to 3.0% this month, suggesting that the Bank of England may have scope to increase the £325bn which it has already...

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Forward Move For Global Equities Sees Aussie and Kiwi Dollars Gain

22 May 2012 at 9 AM - Written by John Cameron

Europe’s stock markets enjoyed a rare day of gains during yesterday’s session, with London’s FTSE 100 index closing up by 0.70%, Paris’s Cac 40 registering a positive move of 0.64% and Frankfurt’s Dax up by 0.95%. Many analysts have taken the view that the move higher marked a technical correction following last week’s sustained...

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Kiwi Dollar Claws Back Ground in the Currency Markets as Stock Markets Register Gains

21 May 2012 at 6 PM - Written by David Woodsmith

The Pound has performed poorly on the day following the release of disappointing UK housing market numbers from Rightmove, which showed that British property prices remained static last month. The UK economy badly needs its housing market to start pushing forward once again in order to kick-start an all-around improvement. At this stage,...

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Swiss Franc Expected To Weaken With Euro As Greek Fears Refuse To Dissipate

18 May 2012 at 6 PM - Written by Toni Johnson

The US Dollar started off the day on the front foot, sending the GBP USD exchange rate downwards towards the 1.5700 level. However, support for the Greenback has ebbed as the session progressed, as North American stocks broke into positive territory, thanks to the positive effect of Facebook’s IPO. Sterling also performed respectably on the...

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Daily Rate Predictions For The US Dollar, Euro, Pound Sterling and Japanese Yen

17 May 2012 at 6 PM - Written by John Cameron

The US DOLLAR has been the major winner on the day as institutional investors continue to shun equities and move into safe havens. This has taken the GBP USD exchange rate down to 1.5792. There could be further upside to come for the Greenback, as this afternoon’s US labour market data disappointed. This means that the USD heads into...

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Australian and New Zealand Dollars Weaken Again As Bank of England Slashes UK Growth Forecast

17 May 2012 at 9 AM - Written by Minesh Chaudhari

The Bank of England Governor Mervyn King called an instant halt to the Pound’s recent bull-run in the currency markets during yesterday’s session, when he announced that the Bank was slashing its UK growth forecast for 2012 by a third, from the previous 1.2% to a paltry 0.8%. King blamed the announcement on the threat to the British...

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

16 May 2012 at 6 PM - Written by David Woodsmith

The Bank of England slashed its forecast for UK growth for this year from 1.2% to 0.8% earlier today, hitting the POUND STERLING. With the UK tender riding high at the top if its recent range against a host of currencies, a broad move to the downside is possible, meaning that GBP heads towards tomorrow’s session on a NEUTRAL TO NEGATIVE...

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Exchange Rate Predictions For The Pound Sterling, Euro, US Dollar and Hong Kong Dollar

15 May 2012 at 6 PM - Written by John Cameron

The POUND STERLING has hit the headlines for all the wrong reasons today. By the middle part of this afternoon’s European session, Sterling was the worst-performing of all of the sixteen most-actively traded currencies, thanks to this morning’s weak UK trade balance data. The Pound is expected to trade on a NEUTRAL TO NEGATIVE footing...

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Pound Euro Exchange Rate Breaches 1.2500 For First Time Since 2008 As Greek Debt Fears Heighten

15 May 2012 at 9 AM - Written by David Woodsmith

The ongoing soap opera which is the Greek debt crisis took several twists and turns during yesterday’s session in the markets. The most significant development on the day came in the form of an announcement from the leaders of the ‘socialist light’ Democratic Left party which revealed that they would not enter into any coalition...

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