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Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #514

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

Currency Exchange Rate Forecasts For The Euro, Pound Sterling, US Dollar and Turkish Lira For Today

14 May 2012 at 6 PM - Written by James Fuller

The EURO has been downsold once again in the markets today. Market participants have shunned the single currency thanks to concerns over rising Spanish bond yields and ongoing uncertainty regarding the future make-up of Greece’s government. This has taken the GBP EUR exchange rate as high as 1.2555 on the day. The euro is expected to trade...

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Pound Australian Dollar and Pound New Zealand Dollar Rates Could Dip As China Loosens Monetary Policy

14 May 2012 at 9 AM - Written by John Cameron

Friday’s Asian session saw the release of data which provided further evidence that the Chinese economy is expanding at a slower pace. The annualised Industrial Production figure registered at 9.3%, versus an anticipated 12.2%. This showing was the lowest level that Chinese industrial output had expended by for some three years. Chinese...

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Today?s Currency Exchange Rate Predictions For The Euro, Pound Sterling, US Dollar and Arab Emirates Dirham

11 May 2012 at 6 PM - Written by Ben Hughes

The European Commission announced earlier today that it expects the eurozone economy to shrink by 0.3% this year, heaping the pressure on the troubled EURO. However, the Spanish government’s announcement that it will be making additional funds available to bolster the liquidity of the debt-burdened state’s retail banks has helped stem the...

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Daily Exchange Rate Forecasts For The Pound Sterling, Euro, US Dollar and Singapore Dollar

10 May 2012 at 6 PM - Written by David Woodsmith

The POUND STERLING has experienced a wave of support in the currency markets this afternoon following the Bank of England’s lunchtime announcement that it will be keeping British interest rates on hold and will not be extending the £325bn already allocated to it QE scheme. Better than anticipated UK Industrial Production and Manufacturing...

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Pound US Dollar Exchange Rate Recovers Slightly As Greek Anti-Bail-Out Power Bid Fails

10 May 2012 at 9 AM - Written by Toni Johnson

Yesterday’s afternoon session brought a rare piece of good news for the euro when Alexis Tsipras, the leader of Greece’s extreme left wing Syriza bloc, admitted defeat in his attempt to forge an anti-bail-out coalition government. Tsipras stated that his ‘dream of a left-wing government’ would not be coming to fruition, as talks with...

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Daily Exchange Rate Predictions For The Euro, Pound Sterling, US Dollar and Indian Rupee

9 May 2012 at 6 PM - Written by John Cameron

The EURO has experienced renewed downside pressure during this afternoon’s European session, following comments from Spanish Prime Minister Mariano Rajoy which suggested that he thinks that there is a strong possibility that Greece will leave the euro. Rajoy’s words took the GBP EUR exchange rate to 1.2462 and the single currency is...

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Fear Grips Global Markets As Greek Politicians Countenance A Sovereign Debt Default

9 May 2012 at 9 AM - Written by Tim Boyer

The precarious political situation in Greece informed price action in the currency markets during yesterday’s session, sending the value of the high-yielders and commodity currencies tumbling. Not surprisingly, the euro didn’t fare too well either. To recap, the story so far has seen Greece build up unmanageable debts which it has no...

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Currency Exchange Rate Forecasts For The Euro, US Dollar, Pound Sterling and South African Rand For Today

8 May 2012 at 6 PM - Written by John Cameron

The EURO remains out of favour in the currency markets, as investors factor-in the real and present possibility that Greece will go down the anti-bailout route, precipitating a chaotic default. German Industrial Production data, released earlier, thrashed expectations, confirming the strength of the eurozone’s major player. The GBP EUR...

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Sterling Euro Exchange Rate Spirals To 42-Month High As Anti-Austerity Parties Make Gains In Greek Elections And France Elects Pro-Growth President

8 May 2012 at 9 AM - Written by James Fuller

Political upheaval in mainland Europe has had a dramatic effect on the currency markets since they re-opened on Sunday night. The French people voted in favour of Francois Hollande to be their new head of state on Sunday, leaving the country’s erstwhile President Nicolas Sarkozy adrift in the political wilderness. The Socialist candidate...

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Currency Rate Predictions For The Pound Sterling, Euro, US Dollar and Norwegian Krone For Today

4 May 2012 at 2 PM - Written by David Woodsmith

Weak UK House Price data in the form of the latest Halifax survey, barely affected levels on the POUND STERLING on the day. However, figures showing that sales of new cars in Britain showed an annualised increase of 3.3% last month, provided a chink of hope, meaning that Sterling heads for the weekend close on a NEUTRAL TO POSITIVE...

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