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Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #515

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

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

3 May 2012 at 6 PM - Written by John Cameron

More weak UK house price data this morning had a limited effect on the POUND STERLING – investors have almost totally priced-in the ongoing poor performance of the UK’s housing market. However, a disappointing showing for this morning’s PMI Services survey came as more of a shock, meaning that Sterling heads towards the weekend on a...

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Pound Euro Exchange Rate Strikes 22-Month High As Eurozone Unemployment Hits Record High

3 May 2012 at 9 AM - Written by James Fuller

The evidence is mounting that the eurozone’s sovereign debt problems are starting to have a pronounced adverse effect on the continental European economy. A slew of disappointing European data releases yesterday morning added to this feeling, as firstly German unemployment figures and then last month’s whole-of-eurozone PMI Manufacturing...

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Daily Exchange Rate Predictions For The Euro, US Dollar, Pound Sterling and New Zealand Dollar

2 May 2012 at 6 PM - Written by Ben Hughes

The EURO has remained firmly out of favour in the markets today, as data revealed that unemployment in the eurozone had hit its highest ever level. The saw the GBP EUR exchange rate spiral to 1.2326. The news that leading credit ratings agency S&P had upgraded Greece’s debt from its current junk status did little to convince investors to...

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Encouraging US Manufacturing Data Could weaken The US Dollar

2 May 2012 at 9 AM - Written by Minesh Chaudhari

After recent data releases, which have point to a pronounced cooling in the rate of economic activity in China, yesterday’s Asian session saw the release of figures which provided some cause for renewed optimism. The Chinese PMI Manufacturing Survey for April registered an expansion in this key sector of the giant Asian economy, for the...

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Daily Currency Rate Forecasts For The US Dollar, Pound Sterling, Euro and Swiss Franc

1 May 2012 at 6 PM - Written by James Fuller

The POUND STERLING has put in a meek showing in the currency markets today, following the release of a disappointing PMI Manufacturing survey for April, which came in below expectations. If tonight’s Halifax House Price survey confirms that that this key sector of the UK economy remains in the doldrums, then Sterling could come under...

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Pound Dollar Exchange Rate Eases As Global Economic Data Disappoints

1 May 2012 at 9 AM - Written by David Woodsmith

The Dollar and the Yen were the major winners in the currency markets during yesterday’s session and that means one thing – the return of risk aversion. The shift out of risk was driven by the release of a slew of disappointing data releases from disparate and far-reaching corners of the global economy. The week had opened with...

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Today?s Exchange Rate Predictions for the Euro, Pound Sterling, US Dollar and Japanese Yen

30 Apr 2012 at 6 PM - Written by John Cameron

The EURO has enjoyed a steady day, which is good news following the heavy losses which it has incurred at times during the last few weeks. The single currency has been supported by Spanish GDP data, released this morning, which revealed that the troubled Iberian economy contracted by a smaller amount than had been anticipated in Q1. The...

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Pound Dollar Exchange Rate Hits 8-Month High As US GDP Figure Disappoints

30 Apr 2012 at 9 AM - Written by John Cameron

Last week’s session in the currency markets drew to a close with the release of several market-moving data sets from the world’s leading economies. Perhaps the most significant amongst these was Friday afternoon’s US GDP growth data, which revealed a marked slowdown in the rate at which the world’s leading economy is expanding. The...

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

27 Apr 2012 at 6 PM - Written by John Cameron

Despite Wednesdays gloomy GDP figures consumer confidence in the UK remains unchanged. Markets clearly believe that the UK economic recovery this year will be less anemic than previously thought. It is for this reason that the Pound has made gains against the majority of the majors in the past two weeks. The Pound seems to be the go to...

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Sterling On A Knife-Edge As GDP Data Could Reveal Double Dip Recession

25 Apr 2012 at 9 AM - Written by Tim Boyer

Panic levels receded in global markets during yesterday’s session, as investors realised that the much-publicised ‘walk-out’ by the Dutch Prime Minister and his government and a second-place finish for Nicolas Sarkozy in Sunday’s first round of French presidential polling, did not in fact add up to a constitutional crisis for the...

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