Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #560

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

Foreign Exchange Rates - GBP AUD Rate Drops While EUR Comes Under Pressure

7 Apr 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1433. The Pound Australian Dollar exchange rate (GBP/AUD) is 1.5587. Market focus once again turned to Eurozone sovereign debt concerns overnight, when Portugal became the third European state to approach the European Union for a financial bailout. Portugal’s stand-in Prime Minister, Jose...

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

6 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING The Pound has been brought back down to earth with a bang today following yesterday’s positive Service Sector data. This morning’s Manufacturing Production data for February came out significantly worse than expectations, causing significant selling pressure on Sterling. Tomorrow’s Bank of England rate decision is...

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Foreign Exchange Rates - GBP USD Rate Up Following Federal Reserve Statement

6 Apr 2011 at 5 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6352. The Euro Dollar exchange rate (EUR/USD) is 1.4287. The Federal Reserve voted to maintain US monetary policy at current levels when they met last night. This means that interest rates stay at a record low of 0-0.25% and the current asset purchase scheme remains on track for its June...

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

5 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING Sterling has had its best day for some time today following some extremely positive Service Sector data this morning. Tomorrow’s NIESR GDP figure will be extremely closely-watched by analysts – if it confirms that the UK economy has returned to growth in Q1 of 2011, then expect further upside for Sterling. NEAR-TERM...

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Pound Australian Dollar Report ? GBP AUD Rate Drops Following Poor Australian Trade Figures, While US Currency Weakens

5 Apr 2011 at 9 AM - Written by John Cameron

The Pound Australian Dollar exchange rate (GBP/AUD) is 1.5651. The Pound US Dollar exchange rate (GBP/USD) is 1.6158. Australian Trade Balance figures released overnight provided considerable cause for concern for investors holding Australian Dollar denominated assets. February’s figure shocked the markets by showing a monthly deficit...

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Exchange Rate Outlook Forecast for Majors : GBP, EUR, USD, AUD, NZD, CAD

4 Apr 2011 at 4 PM - Written by John Cameron

POUND STERLING A thin day for UK data saw the Pound enjoy gains almost across the board. This morning’ s PMI construction data came out better than anticipated, fuelling fears that rising UK price rises may gain their own momentum, forcing the Bank of England to take action. NEAR-TERM OUTLOOK – NEUTRAL TO POSITIVE. EURO – The...

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Foreign Exchange Rates - GBP/USD Rate Drops Off Following US Labour Market Data

4 Apr 2011 at 9 AM - Written by John Cameron

The GBP/USD exchange rate (GBP/USD) is 1.6142. The Euro Dollar exchange rate (EUR/USD) is 1.4204. US Labour Market figures released during the last session of last week continue to affect levels in the currency markets as this week’s session begins. Friday’s Non-Farm Payroll data in the States came out significantly better than...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

CURRENCY NEWS Foreign Exchange Predictions - GBP USD EUR AUD NZD CAD

1 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING This morning’s Purchasing Manager’s Index figure for March heaped further pressure on the already-beleaguered Pound when it came in significantly worse than February’s equivalent number and much lower than analysts had expected. In the absence of any further risk events, the Pound was left to range-trade ahead of next...

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Morning Foreign Exchange Report : Euro Rides High on Interest Rate Expectations, EUR/USD Rate Dependent on Non-Farms

1 Apr 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1321. The Euro Dollar exchange rate (EUR/USD) is 1.4173. The results of the Irish Central Bank’s Stress Test on four leading Irish retail banks were released yesterday. The findings showed that one fully-nationalised bank, the Anglo Irish, has incurred losses of €18bn, which equates to over...

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Foreign Currency Predictions : GBP, USD, EUR, AUD, NZD, CAD

31 Mar 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s Nationwide House Price Survey for March showed an unexpected monthly rise, providing Sterling with a short-term fillip. However the Pound lost ground later in the session when MPC member David Miles commented that spreads between the UK Central Bank lending rate and mortgage rates were limiting the MPC’s...

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