Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #535

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

Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, NZD

3 Nov 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s UK PMI Services survey disappointed, providing bad news for the UK economy, which is largely dependent on a buoyant services sector. The Pound has performed well on the day in spite of this, as concerns remain about other major currencies. NEAR-TERM OUTLOOK – NEUTRAL. US DOLLAR – The Pound Dollar...

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Euro Crisis Alert - Pound Euro Rate Up on ECB decision to raise interest rates

3 Nov 2011 at 1 PM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1650, the Pound Dollar exchange rate (GBP USD) is 1.59908. Euro Crisis Alert - The ECB has announced a cut in interest rates by 0.25% taking it to 1.25%. The pound euro rate along with the pound dollar rate has risen on the back of the news of the interest rate change. The GBP EUR was already up...

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Foreign Exchange Report : Risk Is Off The Menu Once More as Federal Reserve Warns of ?Strains in Global Financial Markets?, Sending GBP USD Rate Downwards

3 Nov 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1607. The Pound Dollar exchange rate (GBP USD) is 1.5904. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5521. Yesterday’s main event in the currency markets saw the FOMC refrain from altering the US’s monetary policy, in a move which had been widely anticipated by market...

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Forex Forecast : Rate Predictions For GBP, USD, EUR, AUD, NOK

2 Nov 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s UK PMI Construction survey was supportive for the Pound; it showed a surprise pick-up in activity in Britain’s building industry. That apart, it was a quiet day for Sterling, as investors sat on their hands ahead of the release of the latest UK PMI Services data tomorrow morning. NEAR-TERM OUTLOOK –...

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Foreign Exchange Report : $VIX Fear Index Leaps as Greek Cabinet Rubber-Stamps Euro Bail-Out Referendum, Sending GBP USD Rate Lower

2 Nov 2011 at 7 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1629. The Pound Dollar exchange rate (GBP USD) is 1.5982. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5372. One story has dominated all others in the currency markets this week - that of the Eurozone’s deepening debt crisis. Greek Prime Minister George Papandreou caused...

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Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, CHF

1 Nov 2011 at 5 PM - Written by John Cameron

POUND STERLING This morning’s quarterly and annualised UK GDP figures for quarter 3 beat analysts’ expectations, providing a boost for the Pound. However, this was partly offset by a severely disappointing PMI Manufacturing survey, which was released at the same time. Overall it was largely positive day for Sterling. NEAR -TERM...

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Foreign Exchange Report : GBP EUR Rate Soars as Italian Bond Yields Jump and Greece Announces a Bail-Out referendum

1 Nov 2011 at 9 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1659. The Pound Dollar exchange rate (GBP USD) is 1.6001. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5437. The Euro endured a torrid day on the currency markets yesterday as investors showed signs of losing confidence in the three-point bail-out plan, which was agreed by Eurozone...

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Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, ZAR

31 Oct 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound has performed steadily on the day, picking up support as investors shifted their funds out of the Yen and Euro. This morning’s UK Mortgage Approval data helped and if tomorrow morning’s Q3 GDP figure shows that the British economy is once again moving forward, Sterling may be in for further gains. NEAR-TERM...

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Foreign Exchange Report : GBP EUR Rate Rises as Questions Grow Over Eurozone Debt Bail-Out Package, While Japanese Authorities Intervene to Weaken the Yen

31 Oct 2011 at 9 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1444. The Pound Dollar exchange rate (GBP USD) is 1.6019. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5181. Today marks the final day in office for European Central Bank President Jean-Claude Trichet. Trichet has held the top job at Europe’s central bank since 2003 and has...

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Currency Exchange Rates: Currency predictions - GBP, EUR, USD, AUD

28 Oct 2011 at 6 PM - Written by John Cameron

POUND STERLING The Pound has recovered most of its losses from yesterday’s session benefiting from a recovery in Global stock markets and general good feeling in the market. The UK economy has a significant exposure to the European sovereign debt crisis and it is therefore likely that at least in the short term the Pound will hold onto its...

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