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Australian Dollar Forecast Directory - Page #120

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

Pound Euro Exchange Rate Forecast (GBP/EUR) To Accumulate Following Weak Eurozone Retail Sales Data

7 May 2013 at 9 AM - Written by John Cameron

Trading volumes in the UK were extremely light during yesterday’s session thanks to the May Day Bank Holiday. However, it was ‘business as usual’ across Asia and large parts of Europe, triggering pronounced price action for many of the sixteen most-actively traded currencies. Market participants spent the early part of yesterday’s...

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Exchange Rates Outlook for GBP, USD, EUR, AUD, NZD & CAD

3 May 2013 at 10 AM - Written by Tim Boyer

Pound Sterling The Pound is little changed against the US Dollar as economists wait for the release of data that is expected to show that UK services industries expanded for a fourth-month in a row in April. US Dollar The ‘Greenback’ halted its biggest advance against the Euro in two-weeks ahead of economic data that is expected...

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Exchange Rates Forecast: Pound, Euro, Dollar, AUD , NZD & CAD

2 May 2013 at 10 AM - Written by Toni Johnson

Pound Sterling The Pound is within 0.4% of an eleven-week high against the US Dollar ahead of the release of a report that is expected to show that UK construction fell at a slower pace than in April. Against the Euro, Sterling was little changed as the market awaits the European Central Bank’s decision on interest rates. The...

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GBP heads for 11-week high against USD, makes gains against EUR, AUD, NZD

1 May 2013 at 10 AM - Written by David Woodsmith

The Pound has strengthened against the majority of its peers, approaching a 11-week high against the US Dollar after an industry report showed that UK house prices were little changed in April. Data showed that UK house prices declined in April. Economists had been expecting prices to rise by 0.3%, instead they declined by -0.1%. On a...

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Currency news: AUD hits a two-week high ahead of Federal Reserve Meeting/EUR declines

30 Apr 2013 at 10 AM - Written by Tim Boyer

The Australian Dollar has risen to its highest level in two-weeks against the US Dollar as the market awaits the outcome of the US Federal Reserve’s two-day meeting; speculation is growing that the Central Bank will choose to maintain its bond purchasing programme in the foreseeable future. The ‘Aussie’ is also traded up against...

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Euro gains against USD but weakens against commodity currencies

29 Apr 2013 at 4 PM - Written by Ben Hughes

The Euro has strengthened against the US Dollar as the Italian political crisis finally came to an end increasing demand for riskier assets, investors however remained cautious ahead of the European Central Bank meeting on Thursday as many expect the Bank to announce an interest rate cut. The Euro was supported by high demand for Italian...

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Pound Euro Exchange Rate (GBP EUR) Gains As GDP Data Reveals That UK Avoided Triple Dip Recession

25 Apr 2013 at 11 AM - Written by David Woodsmith

This morning’s key UK GDP growth data for Q1 of 2013 beat expectations, showing that activity levels in Britain’s ailing economy increased by a quarterly 0.3% during the first three months of this year. Analysts had been anticipating a showing of 0.1%, so the figure proved to be a positive one for the Pound Sterling. A showing of less...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Dollar Forecasts

GBP EUR Exchange Rate Outperforms Despite EZ Consumer Confidence Data

23 Apr 2013 at 9 AM - Written by Toni Johnson

Yesterday’s session in the currency markets brought a relatively light schedule of data releases, perhaps the most significant of which came from the eurozone in the form of the latest consumer confidence survey. Analysts had been anticipating a deterioration of the levels of optimism amongst economic participants in the region, so it came...

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Foreign Currency Exchange Rate Predictions For GBP EUR USD AUD

22 Apr 2013 at 2 PM - Written by John Cameron

Yesterday’s news that the UK is set to launch a legal challenge to the controversial European Financial Tax (FTT) has ensured that the POUND STERLING has remained under selling pressure today. Tomorrow morning’s UK Public Sector Net Borrowing figures are unlikely to prove positive for the Pound. Sterling is expected to trade on a NEUTRAL...

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GBP Flounders Against EUR, AUD & NZD Following Weak UK Unemployment Data

17 Apr 2013 at 4 PM - Written by Ben Hughes

A potent cocktail of geo-political events over recent sessions have caused global appetite for risk to ebb. Political uncertainty in Italy got the ball rolling some six weeks ago when an indecisive general election triggered fears that the debt-burdened Mediterranean state might be about to ditch its austerity plan. Matters got worse, much...

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