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American Dollar Forecast Directory - Page #570

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

Foreign Currency Prediction - Pound Canadian Dollar Rate Could Deteriorate

14 Feb 2011 at 10 AM - Written by John Cameron

STORY LINK Foreign Currency Prediction - Pound Canadian Dollar Rate Could Deteriorate

The Canadian Dollar benefitted from some extremely positive trade figures which were released at the start of Friday’s North American session. The data showed that Canada enjoyed a trade surplus in December, 2010, for the first time in nine months. Analysts had expected the figure to show another deficit of CAD300m; instead market...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Today's Currency Exchange Predictions - Dollar Trends Weaker as Appetite for Risk Picks Up

14 Feb 2011 at 5 AM - Written by John Cameron

STORY LINK Today's Currency Exchange Predictions - Dollar Trends Weaker as Appetite for Risk Picks Up

Risk sentiment in world markets has swung again this morning following the resignation of Egyptian President Hosni Mubarak late on Friday night after an eighteen day popular uprising. Mubarak had surprised political spectators by failing to give up his post earlier last week, leading to fears of a fully-fledged military coup in the Arab...

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

World Foreign Currency Predictions - USD, EUR, GBP, AED, TRY, INR, HKD

11 Feb 2011 at 5 PM - Written by John Cameron

STORY LINK World Foreign Currency Predictions - USD, EUR, GBP, AED, TRY, INR, HKD

US DOLLAR Risk sentiment in the markets has dropped off significantly in the latter part of the week, following down movements in world stock markets. Equities have suffered another negative day today with the Dow Jones currently trading down by a third of a per cent. However, caution is advisable as the Dollar has made significant gains...

CATEGORIES: American Dollar Forecasts Currency Predictions Euro Forecasts Hong Forecasts

Today's Currency Exchange Predictions - US Dollar Strengthening on Risk Aversion

11 Feb 2011 at 9 AM - Written by John Cameron

STORY LINK Today's Currency Exchange Predictions - US Dollar Strengthening on Risk Aversion

The political crisis in Egypt took an unexpected turn yesterday evening, with President Hosni Mubarak addressing the nation in a televised speech. Crowds of protestors massing across Cairo had expected Mubarak to confirm that he was stepping down, with immediate effect. Announcements to the crowds by military leaders to that effect had...

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

Hong Kong Dollar Prediction - Equities Tumble in Hong Kong to Hurt Local Currency

10 Feb 2011 at 5 PM - Written by John Cameron

STORY LINK Hong Kong Dollar Prediction - Equities Tumble in Hong Kong to Hurt Local Currency

The Hong Kong stock market suffered a major sell-off last night, losing 1.97% to close 455 points down on the day. This poor performance was driven by yesterday’s interest rate hike in China which was the second time in six weeks that the Chinese Central Bank has opted to raise. Speculation abounds in Asia that the Chinese rate hike will...

CATEGORIES: Hong Kong Dollar Forecasts Pound Hong Kong Dollar Forecasts

Singapore Dollar Foreign Currency Prediction - Singapore Government Wants Stronger Currency

10 Feb 2011 at 3 PM - Written by John Cameron

STORY LINK Singapore Dollar Foreign Currency Prediction - Singapore Government Wants Stronger Currency

Singapore’s Central Bank remains concerned about the effects of inflation on the economy, according to the Country’s Deputy Finance Minister Lim Hwee Hua. During a speech earlier today, Hua stated that policy-makers in Singapore are willing to allow the Singapore Dollar to strengthen further to curb the ravaging effects of rising prices...

CATEGORIES: Pound Singapore Dollar Forecasts Singapore Dollar Forecasts

Today's Currency Exchange Prediction - Risk Sentiment Worsens

10 Feb 2011 at 9 AM - Written by John Cameron

STORY LINK Today's Currency Exchange Prediction - Risk Sentiment Worsens

The benchmark MSCI Asian Index saw losses of 0.8% last night as stock markets reacted to yesterday’s comments by Federal Reserve Chairman Ben Bernanke and some worrying Australian unemployed figures. Initially, last night’s Australian labour figure appeared positive, showing that unemployment had stayed at 5%, whilst 24,000 new jobs were...

CATEGORIES: Daily Currency Updates Australian Dollar Forecasts America Forecasts

Foreign Currency Predictions - USD, EUR, GBP, JPY, NOK, AUD, NZD, CAD, ZAR, CHF

9 Feb 2011 at 5 PM - Written by John Cameron

STORY LINK Foreign Currency Predictions - USD, EUR, GBP, JPY, NOK, AUD, NZD, CAD, ZAR, CHF

US DOLLAR Crude oil resumed its rally today following a downward blip yesterday on the back of a hike in Chinese interest rates. The US equities rally looks to have stalled today and little hope of an increase to interest rates. SHORT-TERM OUTLOOK – Neutral. EURO The ECB looks to be reaching a consensus on a bail-out fund to...

CATEGORIES: Australian Dollar Forecasts American Dollar Forecasts Canadian Dolla Forecasts

Daily Foreign Currency Exchange Rate Forecast - Sterling Remains Under Pressure

9 Feb 2011 at 12 PM - Written by John Cameron

STORY LINK Daily Foreign Currency Exchange Rate Forecast - Sterling Remains Under Pressure

The People’s Bank of China surprised the markets yesterday by increasing interest rates for the third time since the Autumn. China’s headline one-year lending rate was hiked from 5.81% to 6.06% with effect from today. China’s 12-month deposit rate was also upped from 2.75% to 3.00%. Initially, markets reacted to the tightening of...

CATEGORIES: Daily Currency Updates Australian Dollar Forecasts America Forecasts

Chinese Rate Hike Hurts the Canadian Dollar

8 Feb 2011 at 3 PM - Written by John Cameron

STORY LINK Chinese Rate Hike Hurts the Canadian Dollar

The Canadian Dollar has lost ground against the 16 most-traded currencies following China’s decision to raise its interest rates for the third time since October, 2010. The People’s Bank of China announced that its headline 12 month lending rate will increase to 6.06 percent from 5.81 percent, as of tomorrow. The one-year deposit rate...

CATEGORIES: Canadian Dollar Forecasts

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