Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #548

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

18 Jul 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s Rightmove House Price survey for July provided investors holding Sterling with further reason for concern, showing that UK house prices are continuing to contract. However, the Pound is holding up well against the Dollar and the Euro thanks to continuing sovereign debt problems in the US and Eurozone....

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Foreign Exchange Report : European Bank Stress Test Results Fail to Provide Support For Euro, While USD Remains In Danger

18 Jul 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1444. The Pound Dollar exchange rate (GBP USD) is 1.6107. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5184. The European Banking Authority (EBA) announced the results of its latest Stress Test into the creditworthiness of ninety leading European retail banks late on Friday...

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

15 Jul 2011 at 1 PM - Written by John Cameron

POUND STERLING Levels on Sterling pairs have been determined by the relative strength of other currencies today, in the absence of any UK data releases. Next week’s session begins with the release of the Rightmove House Price Survey for July, which will be Sterling-negative if it shows a continuation of the recent weakening trend in UK...

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Foreign Exchange Report : GBP USD Rate Steady as Italy Votes to Tackle ?Monster Debt?, Euro Weakens Ahead of Bank Stress Tests

15 Jul 2011 at 8 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1426. The Pound Dollar exchange rate (GBP USD) is 1.6124. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5144. The Eurozone’s ongoing sovereign debt crisis dominated the headlines yesterday and once again market participants focussed on Italy’s debt situation, as the Italian Senate...

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

14 Jul 2011 at 12 PM - Written by John Cameron

POUND STERLING With no UK data releases pencilled-in until next week, Sterling has traded no more than steadily on the day. Continuing concerns about the unresolved debt crises in the US and the Eurozone suppressing global risk appetite, the FTSE 100 has suffered significant losses, causing further downward pressure on the Pound....

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Foreign Currency Insight : GBP USD Rate Spirals as Fed Chairman Ben Bernanke Raises the Possibility of Further US Quantitative Easing

14 Jul 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1355. The Pound Dollar exchange rate (GBP USD) is 1.6150. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5028. The US Dollar plummeted during yesterday afternoon’s European session following Federal Reserve Chairman Ben Bernanke’s Semi-annual speech on monetary policy to...

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

13 Jul 2011 at 1 PM - Written by John Cameron

POUND STERLING Mixed labour UK market data released today held back the Pound in early trading. The job numbers showed that UK unemployment dropped by 26,000 in the three months to May, meaning that a total of 2.45m people remain unemployed in Britain. However, on a less positive note, last month saw the number claiming Job Seeker’s...

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

12 Jul 2011 at 1 PM - Written by John Cameron

POUND STERLING This morning’s UK inflation data surprised analysts, showing that the headline CPI measure of UK inflation had dropped last month, against expectations. Downward pressure on Sterling was accentuated by trade data, also released this morning, which showed that the UK’s trade gap widened in May. NEAR-TERM OUTLOOK –...

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Foreign Exchange Report : GBP EUR Rate Trades Up as Italian and Spanish Debt Yields Reach Record Levels, USD and CHF Gain Support

12 Jul 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1363. The Pound Dollar exchange rate (GBP USD) is 1.5866. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4964. The Euro suffered another torrid day on the markets yesterday as fears heightened that the Eurozone’s sovereign debt situation is set to escalate. The Eurozone’s...

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

11 Jul 2011 at 12 PM - Written by John Cameron

POUND STERLING In the absence of any significant UK data releases, the Pound has drifted downwards against most of the other sixteen most-actively traded currencies on the day, with the notable exception of the Euro and the Scandinavian currencies. With major developments elsewhere causing a dip in appetite for risk, today’s downward...

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