Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #550

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

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

29 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s UK Mortgage Approval data and Consumer Credit numbers for May disappointed, causing some early downward pressure on the Pound. Events elsewhere have determined the levels on GBP pairs during this afternoon’s session. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US DOLLAR – The Pound Dollar exchange...

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

28 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING Figures released this morning by the Office of National Statistics confirmed that the UK Economy grew by 0.5% in the first quarter of 2011. The ONS figures also confirmed that UK Retail Sales contracted by 0.6% in the first three months of 2011, providing a reminder to investors that the UK economy is not in a strong state....

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Foreign Exchange Insight : GBP USD Rate Trades Lower as Crude Oil Drops, While EUR Gains Further Support

28 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1173. The Pound Dollar exchange rate (GBP USD) is 1.5972. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5281. The Euro made gains against the other majors during yesterday’s session, as the debate on the introduction of proposed austerity measures got underway in Greece’s...

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

27 Jun 2011 at 1 PM - Written by John Cameron

POUND STERLING Last night’s Hometrack Housing Survey showed a small monthly contraction in UK house prices this month, providing further evidence of a softening in the UK’s housing sector. With no key data due for release in the UK until tomorrow morning’s finalised Q1 GDP figure, the Pound has traded within tight ranges against the...

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Foreign Exchange Report : GBP USD Rate Drops to 5-Month Low as Greek Debt Fears Escalate

27 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1260. The Pound Dollar exchange rate (GBP USD) is 1.6314. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5399. As a new week commences in the currency markets, one story continues to dominate - Greece’s ongoing sovereign debt woes. In an interview published yesterday, Greece's...

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

24 Jun 2011 at 2 PM - Written by John Cameron

POUND STERLING The Pound has done little more than hold its own against the other majors today as market participants focussed on events elsewhere. With no data released in the UK today, a positive move for the FTSE 100 equities index was cancelled out by expectations that a Bank of England interest rate rise is many months away yet....

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Foreign Exchange Report : GBP USD and EUR CHF Rates Plummet as Global Risk Appetite Ebbs

24 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1228. The Pound Dollar exchange rate (GBP USD) is 1.6014. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5197. The Euro came under heavy and sustained selling pressure yesterday, as investors reacted to comments made by Fed Chairman Ben Bernanke on Wednesday night that a failure to...

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

23 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING Sterling has endured a mixed day on the markets, clawing back some of yesterday’s lost ground against the Euro, but GBP USD has slipped to its lowest level since the end of March. This morning’s CBI Reported Sales figure for June disappointed, showing a slight contraction. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE....

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Foreign Exchange Report : Downbeat Bernanke Commentary Sends GBP USD Rate to a Twelve-Week Low

23 Jun 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1215. The Pound Dollar exchange rate (GBP USD) is 1.6047. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5201. Chairman of the US Federal Reserve, Ben Bernanke, used his press conference last night to issue a pessimistic view of the state of America‘s economy. Bernanke downgraded...

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

22 Jun 2011 at 1 PM - Written by John Cameron

POUND STERLING The Pound has come under severe selling pressure following the release of the minutes of June’s Bank of England Monetary Policy Committee meeting earlier today. The minutes showed that only two of the nine man committee had voted for an interest rate hike, following the departure of long-time hawk Andrew Sentance. The...

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