Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #563

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

Foreign Exchange Rates ? GBP/NZD, GBP/AUD Rally as Stock Markets Drop, While USD Weakens

17 Mar 2011 at 10 AM - Written by John Cameron

The Pound Australian Dollar exchange rate (GBP/AUD) is 1.6410. The Pound New Zealand Dollar exchange rate (GBP/NZD) is 2.2381. The threat of widespread nuclear contamination in Japan continues to cast a pall over global currency markets as rumours and news cause dramatic lurches in the value of major currencies. These moves are being...

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

16 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING This morning’s labour market figures showed that UK unemployment is at its highest level since 1984. However, UK unemployment claims fell by over 10,000 in February, offering some hope. A report released by the OECD this afternoon predicted that the UK economic recovery will be ‘subdued’ for the next two years....

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Pound Euro Exchange Rates ? GBP/EUR Recovers Lost Ground While USD and AUD Trade on the Level

16 Mar 2011 at 1 PM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6055. The Pound Euro exchange rate is 1.1533. The Pound suffered a blow this morning, with the release of employment data for January by the Office of National Statistics. The numbers showed that UK unemployment now stands at 2.53 million, its highest level since 1984. With swingeing cuts to UK...

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Morning Currency Market Outlook : GBP/USD and GBP/JPY Rates Rise as Global Quantitative Easing Schemes Bolster Share Markets

16 Mar 2011 at 7 AM - Written by John Cameron

Japan’s central bank injected a further JPY3.5 trillion into the country’s troubled money markets overnight in an effort to make funds available for the unprecedented clear-up operation. This is the third day in a row which has seen the Bank of Japan pump funds into the markets, having made JPY23 trillion available on Monday and...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Japanese Forecasts

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

15 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING Poor housing sector has hurt the Pound today, with government figures showing that UK house prices suffered a considerable monthly drop in January. Sterling is threatening to drop down through significant market supports against the Euro and the US Dollar. Better-than-anticipated employment data tomorrow is required to stop...

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Pound Euro Exchange Rates ? GBP/USD Breaks Down Through 1.6000 While Euro Enjoys Support as do AUD, NZD, ZAR

15 Mar 2011 at 2 PM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6040. The Pound Euro exchange rate is 1.1506. European stock markets have followed Asian markets’ lead and have plummeted during today’s session. The losses are attributable to fears that a rapid contraction in Japanese growth, following last week’s devastating earthquake, will affect the...

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Foreign Exchange Rates ? EUR/USD Nosedives While GBP Edges Downwards as Currency Markets React to Japanese Disaster

15 Mar 2011 at 10 AM - Written by John Cameron

The Euro Dollar exchange rate (EUR/USD) is 1.3871. The Euro Pound exchange rate (EUR/GBP) is 0.8668. News emanating from Japan continues to dominate the currency markets, with fear spreading that nuclear radiation may contaminate the North Eastern part of mainland Japan following an explosion at a third reactor in Fukushima. Elsewhere,...

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Japan Crisis Update : Fear of Nuclear Meltdown Causes Flight to Safety in Currency Markets - USD CHF JPY Gain, While AUD NZD ZAR Rates Plummet

15 Mar 2011 at 6 AM - Written by John Cameron

The Pound Japanese Yen exchange rate (GBP/JPY) is 131.57. Fears of a full-scale nuclear meltdown in Japan are growing following an overnight blast at a third reactor at the stricken Fukushima power plant. Japan’s Chief Cabinet Secretary, Yukio Edano, has commented in recent hours that, "now we are talking about (radiation) levels that...

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End of Day Outlook - Prediction for Major Currencies : GBP USD EUR AUD NZD CAD

14 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound has traded on the level against most of the majors today. Tomorrow’s consumer confidence survey and Wednesday’s unemployment figures may offer renewed direction, in the meantime, the levels on Sterling-based pairs are likely to be determined by events elsewhere. NEAR-TERM OUTLOOK NEUTRAL. US DOLLAR – The...

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Pound Dollar Exchange Rates - GBP/USD Moves Higher While EUR Makes Gains and AUD Loses Ground

14 Mar 2011 at 2 PM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6125. The Pound Euro exchange rate (GBP/EUR) is 1.1548. Japanese authorities have warned of a possible meltdown after a second explosion since Saturday at the Fukushima nuclear power plant. The fuel supply to a cooling pump in one of the plant’s reactors ran out a short time ago, causing fuel...

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