Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #562

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

Today's Latest Exchange Rate Predictions - GBP, USD, EUR, AUD, NZD, CAD

23 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING The highlight of today’s UK Budget Statement turned out to be a low light, when Chancellor George Osborne announced that government forecasts for 2011 GDP growth was down-graded form 2.1% to 1.7%. The Pound lost ground this morning when the latest Bank of England MPC Minutes revealed that only three of the nine man...

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Morning Currency Exchange Market Update - GBP/EUR Rate Improves on UK Inflation Figure and Continuing Eurozone Sovereign Debt Fears While USD Suffers

23 Mar 2011 at 7 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1541. The Euro Dollar exchange rate exchange rate (EUR/USD) is 1.4171. The Euro has performed strongly against the other majors in recent sessions, with the EUR/USD rate rising to within half a cent of a 14-month high. The single European currency has been buoyed by the decision of EU member...

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Latest Exchange Rate Predictions Today - GBP, USD, EUR, AUD, NZD, CAD

22 Mar 2011 at 5 PM - Written by John Cameron

POUND STERLING This morning’s UK CPI inflation figures came in ahead of expectations at 4.4%, increasing speculation of a rate hike by the Bank of England sooner rather than later. The Public Sector Net Borrowing Requirement figure for February showed at a much bigger number than had been expected, meaning that there will be little room...

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Morning Foreign Exchange Report : GBP/USD and EUR/USD Rates Approach Multi-Month Highs as US Currency Suffers on Improving Risk Sentiment

22 Mar 2011 at 6 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6304. The Euro Dollar exchange rate (EUR/USD) is 1.4229. An air of normality returned to the currency markets yesterday following the dramatic events of recent days. Air Strikes on Tripoli continued again overnight, but investors do not appear to be perturbed by these; in fact the key...

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Exchange Rate Outlook Forecast For Major Currencies ? GBP, USD, EUR, AUD, NZD, CAD

21 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound has picked up ground against all of the majors other than the high-yielders and the oil-driven currencies during today’s session. The Bank of England’s Chief Economist and MPC member Spencer Dale made bullish comments regarding the UK real economy’s prospects of recovery for the remainder of the year....

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Pound Dollar Exchange Rates ? GBP/USD Trades Higher As Improvement in Risk Sentiment Sees AUD and NZD Strengthen

21 Mar 2011 at 1 PM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6284. The Pound Euro exchange rate (GBP/EUR) is 1.1474. Leading risk indictors in the market are pointing to an pick up in global appetite for risk as the Japanese nuclear crisis is brought under control. The market seems relatively unperturbed by air strikes in Libya, with stock markets...

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Morning Foreign Currency Market Outlook : EUR/USD Drags the GBP/USD Rate Higher as Market Reacts to Libyan Air Strikes

21 Mar 2011 at 6 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6238 . The Pound Euro exchange rate (GBP/EUR) is 1.1473 . Global geo-political events continue to dominate the world’s currency markets. Allied forces launched a series of air strikes on Libya over the weekend in an attempt to enforce the UN-mandated ’no fly zone’ over the troubled Arab...

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Exchange Rate Outlook Forecast For Major Currencies ? GBP, USD, EUR, AUD, NZD, CAD

18 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING The Nationwide Consumer Confidence survey for February, which was released overnight in the UK, came in far worse than expected, with negative respondents heavily outweighing positives. This caused the Pound to traded slightly weaker against most majors ahead of next week’s key Bank of England minutes. Comments by BoE...

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Morning Foreign Exchange Report : G7 Group of Nations Intervene in Currency Markets, Causing GBP/JPY Exchange Rate Rise, While USD, AUD, NZD Make Major Gains

18 Mar 2011 at 6 AM - Written by John Cameron

The Pound US Dollar exchange rate (GBP/USD) is 1.6072. The Pound Australian Dollar exchange rate (GBP/AUD) is 1.6228. The G7 group of nations caused turmoil in global currency markets when it announced overnight that it would, "join Japan, on March 18, 2011, in concerted intervention in exchange markets". The G7, which comprises the...

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Exchange Rate Outlook Forecast For Major Currencies : GBP USD EUR JPY AUD NZD CAD

17 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING In the absence of any tier one data releases in the UK today, the Pound was susceptible to technical trading as several of the other majors made significant moves. Sterling remains subdued as the futures markets predict that a rate hike is a long way off. Tomorrow’s consumer confidence survey and public sector borrowing...

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