Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #519

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

Market Awaits Bernanke?s Words As Concerns Mount Over UK Economy

26 Mar 2012 at 9 AM - Written by James Fuller

Friday’s session in the currency markets saw renewed concerns raised about the state of the UK’s real economy, following the release of the Nationwide Consumer Confidence survey for February, which showed a considerable drop-off in sentiment amongst respondents since the month before. Analysts had expected the number to show no change...

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

23 Mar 2012 at 6 PM - Written by Ben Hughes

Last night’s nationwide Consumer Confidence survey for February hurt the POUND STERLING, showing a drop-off in sentiment from the month before. Next Wednesday’s finalised Q4 GDP Growth data for the UK economy is the next risk event of note for the GBP, meaning that Sterling heads into next week on a NEUTRAL footing. Some positive...

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Weak Global Data Causes Stock Market Losses And Support For The US Dollar

23 Mar 2012 at 9 AM - Written by David Woodsmith

The Pound To US Dollar Exchange Rate is 1.5864. Yesterday’s session in the currency markets was marked by a flight to safety from institutional investors, which saw the safe-haven US Dollar well-supported and the high-yielding Australian Dollar, New Zealand Dollar and South African Rand sold off. Global share markets also registered...

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

22 Mar 2012 at 6 PM - Written by Tim Boyer

Extremely poor UK Retail Sales figures held back the POUND STERLING during today’s session. The shop sales numbers showed a significantly lower monthly growth than analysts had been anticipating, meaning that Sterling heads into tomorrow trading to a NEUTRAL bias. Worryingly weak German PMI survey data, released earlier today, has served...

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More UK QE Off The Menu For Now, Sending Sterling Higher Against The Euro And US Dollar

22 Mar 2012 at 9 AM - Written by Minesh Chaudhari

Sterling stepped into the spotlight during yesterday’s session in the currency markets, as a raft of key UK data releases and risk events hit the headlines. The day started with mixed messages regarding the British economy, with the release of official government figures which showed that the UK’s Public Sector Net Borrowing...

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Currency Rate Predictions For The Pound Sterling, US Dollar, Euro and New Zealand Dollar For Today

21 Mar 2012 at 6 PM - Written by James Fuller

A busy day for the POUND STERLING began with the release of public sector borrowing figures, which showed that last month’s budget deficit was almost eight times larger than had been anticipated – bad news for Sterling on Budget day. Chancellor George Osborne’s Budget Statement raised a few eyebrows when he announced that he was cutting...

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Sterling To Euro Exchange Rate In Limbo Ahead Of Today?s BoE Minutes And UK Budget Statement

21 Mar 2012 at 9 AM - Written by John Cameron

The headline rate of UK inflation dropped to its lowest level since the end of 2010, official government figures, released yesterday, showed. The Consumer Prices Index fell to an annualised 3.4% in February, down from January’s monthly figure of 3.6%, suggesting that the Bank of England is managing to rein in the ravaging effects of...

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Pound Sterling, Euro, US Dollar and Swiss Franc Daily Currency Rate Predictions

20 Mar 2012 at 6 PM - Written by Toni Johnson

The old market adage of ‘buy on the rumour, sell on the news’ held true for the POUND STERLING today, as headline CPI Inflation figures for February showed a drop in the monthly rate of UK price rises from January’s figure. However, the drop was not as marked as expected, meaning the Pound goes into tomorrow’s session on a NEUTRAL TO...

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Indecision In Global Share Markets Holds Back The Australian And New Zealand Dollars

20 Mar 2012 at 9 AM - Written by Frank Davies

It was a case of mixed messages for global markets during yesterday’s session – London’s FTSE 100 share index closed slightly down on the day, while Paris’s Cac 40 suffered more significant losses and US share indices spent most of the day trading into positive territory. This indecision for equities markets fed into the currency...

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

19 Mar 2012 at 6 PM - Written by Ben Hughes

The POUND STERLING fared well on a day which was extremely light on risk events. However, in the absence of any negative data releases, the Pound performed with credit. The GBP is expected to perform with a NEUTRAL TO POSITIVE bias in the near-term, in anticipation of a business-friendly budget statement from Chancellor George Osborne on...

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