Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #518

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

Sterling To US Dollar Rate Climbs To 4-Month High On Positive US Manufacturing Data

3 Apr 2012 at 9 AM - Written by James Fuller

The stand-out data release from yesterday’s session in the currency markets came in the form of March’s ISM Manufacturing survey in the US. The results of the survey showed that activity in America’s all-important manufacturing base expanded at a faster rate than had been anticipated last month. This is the latest in a series of...

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Pound Sterling, US Dollar, Euro And Turkish Lira Daily Exchange Rate Forecasts

2 Apr 2012 at 6 PM - Written by David Woodsmith

There was little in the way of tier one data to trigger a move for the POUND STERLING during today’s session. This morning’s PMI Manufacturing sector survey provided grounds for encouragement, printing at a higher level than had been expected, seeing Sterling outperform all of the other majors, with the exception of the Canadian Dollar...

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

30 Mar 2012 at 6 PM - Written by John Cameron

The EURO dominated the headlines again today, as Spain revealed €27bn of new cuts from its budget, in an attempt to rein in levels of spending in its debt-hungry economy. The eurozone’s Finance Ministers bolstered the region’s firewall to €1bn at today’s meeting in Copenhagen, but there was bad news for the single currency when...

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Currency Rate Predictions For The Pound Sterling, US Dollar, Euro and Singapore Dollar

29 Mar 2012 at 6 PM - Written by Frank Davies

Today brought two pieces of particularly ugly news for the POUND STERLING, with the release of more poor UK housing sector data and a report by the OECD which forecasted that the UK’s economy would slump back into recession in the first three months of 2012. This sees Sterling trading with a NEUTRAL bias, as investors were already...

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Pound To US Dollar Exchange Rate Under Pressure Following Disappointing US Durable Goods Reading

29 Mar 2012 at 9 AM - Written by Tim Boyer

Weaker than expected US Durable Goods data, released yesterday afternoon in the States, saw global share indices lose ground and the US Dollar stage a brief rally. The numbers showed that orders of durable goods in the US rose by 2.2% in February, following January’s sharp drop-off of 3.6%. Analysts had been expecting a stronger...

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

28 Mar 2012 at 6 PM - Written by Ben Hughes

The POUND STERLING hit the headlines earlier today, when official British government figures showed that UK economic activity contracted by 0.3% in the last three months of 2011. This was a weaker reading than analysts had been expecting hitting the Pound hard. UK Current Account data, released this morning, also served to disappoint, meaning...

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Pound To US Dollar Exchange Rate Gains As Investors Price-In Further QE For The US

28 Mar 2012 at 9 AM - Written by David Woodsmith

The most eye-catching development of yesterday’s session in the currency markets saw this week’s move against the US Dollar continue, taking the GBP USD exchange rate through the key psychological level of 1.6000 for the first time since 14th November last year. The concerted move out of US Dollar denominated assets was instigated by...

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

27 Mar 2012 at 6 PM - Written by John Cameron

This morning’s CBI Reported Sales figures in the UK beat expectations, providing a fair wind for the POUND STERLING early on. The Pound currently trades on a NEUTRAL TO POSITIVE footing ahead of tomorrow’s final UK GDP figures for Q4 of 2011. If these growth numbers show an annualised expansion of over the previous estimate of 0.7%, then...

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Euro Struggles To Find Support Following Chancellor Merkel?s Comments Regarding A Greek Eurozone Exit

27 Mar 2012 at 9 AM - Written by Minesh Chaudhari

The Pound Sterling To Euro Exchange Rate is 1.1959. One currency has dominated the headlines more than any other over the past twelve months, and yesterday’s session in the currency markets proved no exception, as the euro once again caught the eye of the investment community. German Chancellor Angela Merkel surprised market...

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Today?s Currency Rate Predictions For The US Dollar, Pound Sterling, Euro and South African Rand

26 Mar 2012 at 6 PM - Written by Frank Davies

Global share markets continued their recovery of last Friday during today’s session and the US DOLLAR lost ground against the other majors as a consequence, taking the GBP USD exchange rate to its current level of 1.5937. This afternoon’s stronger than expected annualised US Pending Home Sales data further improved investor sentiment,...

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