Currency News

Daily Exchange Rate Forecasts & Currency News

Australian Dollar Forecast Directory - Page #129

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

Pound Euro Rate Steady Ahead Of BoE And ECB Announcements ? Fed FOMC Minutes Could Send GBP USD Higher

4 Oct 2012 at 9 AM - Written by Frank Davies

The overnight Asian session provided further evidence that Australia’s economy is beginning to feel the effects of the global slowdown. August’s Retail Sales figure showed a month-on-month uptick of only 0.2%, following July’s dire reading of -0.8%. Analysts had been anticipating a monthly increase of 0.4%. The poor shop sales number...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Daily Currency Forecasts

Daily Foreign Currency Exchange Rate Predictions For GBP To EUR, USD & AUD

2 Oct 2012 at 4 PM - Written by Minesh Chaudhari

The UK economy has expanded during the last three months, according to the British Chambers of Commerce. The independent body found that British economic activity expanded by half a percentage point, more than cancelling out the 0.4% which it contracted by in the three months to the end of June. The news has failed to convince investors that...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predi Forecasts

Pound To Australian Dollar Exchange Rate Spirals As RBA Cuts Interest Rates

2 Oct 2012 at 9 AM - Written by Minesh Chaudhari

Market focus during last night’s Asian session settled on the Reserve Bank of Australia’s policy decision. The RBA sprung a surprise on market participants by trimming its key lending rate from 3.5% down to 3.25% - analysts had been anticipating a vote for ‘no change’ by the Australian central bank’s policy committee. The RBA’s...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Euro Forecasts E Forecasts

Currency Exchange Rate Forecasts For Pound Sterling, Euro, Australian Dollar & Canadian Dollar

1 Oct 2012 at 4 PM - Written by Tim Boyer

This morning’s UK PMI Manufacturing survey and Mortgage Approvals data for August provided cause for disappointment, both coming out weaker than anticipated. This has seen the POUND STERLING open up the week on the back foot. Recent comments from the Bank of England’s monetary policy committee members have suggested that a further...

CATEGORIES: Australian Dollar Forecasts Canadian Dollar Forecasts Currency Predi Forecasts

Sterling Exchange Rate Forecasts: GBP to USD, AUD, & CAD

28 Sep 2012 at 4 PM - Written by Ben Hughes

Today’s session has passed without notable incident for the POUND STERLING. On the credit side, activity in the UK’s key services sector increased by a monthly 1.1% in July, having contracted in August. However, the British economy is still in contraction according to the latest GDP growth figures. While this fact remains, Sterling is...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dolla Forecasts

Positive US Consumer Confidence Survey Sends GBP USD Rate Higher, Renews Support For AUD & NZD

25 Sep 2012 at 4 PM - Written by Ben Hughes

Strong Canadian Retail Sales numbers for July and a decent showing for the latest Case-Schiller Composite Index in the US during the early part of this afternoon’s session, set the stage for today’s main course – the release of September’s Consumer Confidence survey in the US. The strong Canadian shop sales data helped the...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predi Forecasts

US Consumer Confidence Data Set To Shape GBP USD Exchange Rate, Announcement Of ?1bn Business Bank Assists Pound Sterling

25 Sep 2012 at 9 AM - Written by John Cameron

Asian stocks registered barely any movement during last night’s session, as institutional investors await this month’s US Consumer Confidence survey, due for release at 1500hrs BST. Recent US data releases have outstripped analysts’ expectations; the last notably weak American data set came in the form of August’s Non-Farm Payrolls...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Daily Currency Forecasts

Geo-Political Events Threaten GBP USD Exchange Rate

24 Sep 2012 at 9 AM - Written by Tim Boyer

After a strong performance for global stock indices following the ECB’s bond purchase announcement and the Fed’s QE3 revelation of earlier this month, a raft of ‘bad news’ stories are now looming on the horizon, threatening to drain appetite for risk from the market place. Disappointingly weak trade figures released in the...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Daily Currency Forecasts

Trade Wars ? US reports China To The World Trade Organisation ? GBP USD Exchange Rate Under Threat?

18 Sep 2012 at 9 AM - Written by David Woodsmith

Yesterday’s session saw another of the world’s largest central banks announce a loosening of monetary policy in an overt attempt to kick-start its domestic economy. This time it was the Reserve Bank of India announcing a measure aimed at getting funds flowing from the country’s retail banking sector into small businesses and to private...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Daily Currency Forecasts

Fed Announces $40bn QE3 Programme, Sending GBP USD Higher And Pressurising GBP AUD, GBP NZD & GBP ZAR Exchange Rates

14 Sep 2012 at 9 AM - Written by Minesh Chaudhari

Yesterday afternoon’s announcement by the US Federal Reserve that it would be resuming its Quantitative Easing policy has seen global stocks rally strongly, as institutional investors acted rapidly to shift their assets out of the safe haven of the US Dollar treasury bill. The Fed’s decision brought an immediate positive response from...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Daily Currency Forecasts