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Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #564

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

Foreign Exchange Rates ? EUR/USD Rallies on Eurozone Debt Agreement While GBP/EUR Drops to Four Month Low

14 Mar 2011 at 10 AM - Written by John Cameron

The Euro Dollar exchange rate (EUR/USD) is 1.3956. The Euro Pound exchange rate (EUR/GBP) is 0.8671. European leaders and their officials worked into the early hours of Saturday morning in order to hammer out an agreement on how the Eurozone will deal with its ongoing sovereign debt problems. The likelihood of a deal being reached...

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Pound Japanese Yen : GBP/JPY Rate Rises in Aftermath of Tsunami as Bank of Japan Announces Massive Injection of Liquidity

14 Mar 2011 at 6 AM - Written by John Cameron

The Pound Japanese Yen Rate (GBP/JPY) is 131.93. Japan continues to suffer the devastating effects of last Friday’s massive earthquake and subsequent Tsunami. The earthquake was the sixth most powerful ever recorded and along with the tidal waves which followed, has cost tens of thousands of lives and destroyed thousands of homes and...

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

11 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound has come under concerted selling pressure in today’s session. Factory Gate Price data showed that producers’ exposure to inflation is at its greatest for 28 months. This increase is largely attributable to rising global commodities prices, so is unlikely to force the BoE into a tightening of monetary policy any...

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Pound Euro Exchange Rates - GBP/USD Tumbles While EUR and AUD Hold Steady

11 Mar 2011 at 2 PM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6010. The Pound Euro exchange rate (GBP/EUR) is 1.1615. Sterling has lost a massive amount of ground against the US Dollar over the last two trading sessions. Having traded at close to 1.6200 during yesterday’s European morning session, GBP/USD has now done a significant amount of work below...

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Foreign Exchange Rates - EUR/USD on the Slide While GBP Suffers Following BoE Rate Decision

11 Mar 2011 at 10 AM - Written by John Cameron

The Euro Dollar exchange rate (EUR/USD) is 1.3788 . The Euro Pound exchange rate is 0.8614 A huge earthquake of 8.9 magnitude has struck the North-Eastern part of Japan in the last few hours. The quake has led to fires in Japan’s capital city and caused a huge Tsunami, which the Red Cross warns is larger than several Pacific Islands. A...

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

10 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound has suffered a poor day on the markets. The BoE chose to maintain rates at 0.50% earlier today, causing selling pressure on Sterling as futures markets had factored in a minority chance of a rate rise. Positive manufacturing data was unable to prop up the Pound. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US...

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Pound Euro Exchange Rates ? GBP/EUR Trades Up While EUR and AUD Lose Ground

10 Mar 2011 at 2 PM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6088. The Pound Euro exchange rate (GBP/EUR) is 1.1643 . The Bank of England Monetary Policy Committee voted to maintain interest rates at their current record low level of 0.50% earlier today, in line with analysts’ expectations. The announcement had little effect on relative levels of...

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Foreign Exchange Rates ? EUR/USD Rejects 1.4000 as Global Stocks Drop, While GBP Trades on the Level

10 Mar 2011 at 10 AM - Written by John Cameron

The Euro Dollar exchange rate (EUR/USD) is 1.3839. The Euro Pound exchange rate (EUR/GBP) is 0.8558 Economic data released in China overnight has caused significant concerns in the market. The figures showed that Chinese exports grew by only 2.4% in February against expectations of 27.1% growth. Meanwhile, imports in China were also...

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Latest Exchange Rate Predictions Today - GBP, USD, EUR, AED, SGD, JPY

9 Mar 2011 at 5 PM - Written by John Cameron

POUND STERLING UK trade figures released earlier today outstripped analysts’ expectations, providing a much needed fillip for the Pound. Tomorrow’s Band of England interest rate decision is key. Futures markets have factored in a 15% chance of a rate rise, so if the BoE maintain rates at 0.5%, some downside for is to be expected for...

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Pounds to US Dollars ? GBP/USD Recovers From Yesterday?s Losses While GBP/EUR Also Edges Upwards

9 Mar 2011 at 1 PM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6192. The Pound Euro exchange rate (GBP/EUR) is 1.1651 Asian equities markets made further gains overnight, building on their forward move of the first part of the week. This move signals a pick up in global risk sentiment, which is re-enforced by oil prices which are now in a marked downtrend...

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