Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #553

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

Foreign Exchange Update : GBP USD Rate Up Following Poor US Non-Farm Payrolls Figure, While GBP CHF Rate Plummets

6 Jun 2011 at 4 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP USD) is 1.6440. The Pound Euro exchange rate (GBP EUR) is 1.1231. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5306. Friday’s highly disappointing US Non-Farm Payrolls figure for May stole the headlines in the currency markets at the end of last week. Analysts had expected the key labour...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

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

3 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING UK PMI Services sector data came out worse than had been anticipated this morning, compounding the downward pressure on the Pound which followed Wednesday’s highly disappointing PMI Manufacturing survey. The poor Service sector data is particularly damaging for Sterling as many analysts had predicted that this would be...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predi Forecasts

Foreign Exchange Update : US Non-Farm Payroll Figure Could Send GBP CHF and GBP USD Lower

3 Jun 2011 at 6 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP USD) is 1.6346. The Pound Euro exchange rate (GBP EUR) is 1.1284. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5308. US Labour Market data releases over the past forty-eight hours have been of a contradictory nature, with Wednesday’s ADP Employment Change number showing that only 38,000 new...

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

2 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s PMI Construction Sector data came out ahead of expectations , however the Pound has once again struggled against the other majors on the day. The PMI Services figure has been market-moving in recent months, due to the UK economy’s perceived reliance on the key services sector, so tomorrow’s figure will...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predi Forecasts

Foreign Exchange Update : Soft Global Economic Data Releases Send EUR CHF and USD CHF Rates to New Record Lows

2 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1371. The Pound Dollar exchange rate (GBP USD) is 1.6332. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5381. A series of poor data releases and renewed concerns over the Eurozone sovereign debt crisis saw share markets plummet following Tuesday’s day of gains for equities. The...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

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

1 Jun 2011 at 2 PM - Written by John Cameron

POUND STERLING The Pound has suffered significant downside on the day following a poor PMI Manufacturing survey for May. To add insult to injury, April’s PMI Manufacturing was downwardly revised. This number gives little scope for the Bank of England’s MPC to raise interest rates at next week’s meeting. NEAR-TERM OUTLOOK – NEUTRAL...

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Foreign Exchange Currency Report : GBP AUD Rate Drops Despite Worst Quarterly Fall in Australian GDP For Over 20 Years

1 Jun 2011 at 6 AM - Written by John Cameron

The Pound Australian Dollar exchange rate (GBP AUD) is 1.5301. The Pound Euro exchange rate (GBP EUR) is 1.1415. The Pound Dollar exchange rate (GBP USD) is 1.6428. Yesterday's session saw appetite for risk flood back into global markets, as evidenced by pronounced gains for Asian, European and North American equities markets on the...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Forecasts

Foreign Exchange Update : Share Markets Power Forward Causing GBP NZD and GBP ZAR Rates to Plummet

1 Jun 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1410. The Pound Dollar exchange rate (GBP USD) is 1.6460. The Pound South African Rand exchange rate (GBP ZAR) is 11.2095. The major theme in the currency markets yesterday was the return of investors’ appetite for riskier assets. The tone for the day was set with the release of positive...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Euro Forecasts New Forecasts

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

31 May 2011 at 3 PM - Written by John Cameron

POUND STERLING No data of note was released in the UK today, so the Pound suffered limited downside against most of the majors as the market continued to pare its expectations of a near-term cut in UK interest rates. Tomorrow’s residential mortgage numbers and PMI Manufacturing survey for May will further determine investors’...

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

27 May 2011 at 4 PM - Written by John Cameron

POUND STERLING UK data releases over the last 24 hours have been of a generally positive tone, with last night’s GfK Consumer Confidence survey showed the largest monthly increase for over eighteen years and this morning’s Nationwide House Price survey also bettered expectations. However, Sterling has failed to break higher against...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predi Forecasts