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Daily Exchange Rate Forecasts & Currency News

Australian Dollar Forecast Directory - Page #133

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

Pound Sterling's Gains Against Australian Dollar Could Be Short-Lived, GBP USD Exchange Rate Drops And GBP EUR Rate Edges Higher

25 Jun 2012 at 6 PM - Written by John Cameron

A very quiet day for global data releases has not stopped there being considerable volatility in the currency markets on the day. As usual, the eurozone hogged the limelight, with the news that debt-addled Spain has formally approached the other sixteen eurozone states to request a formal bail-out. The development has seen the single currency...

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Pound To Dollar Exchange Rate Remains Under Pressure As Spain?s Debt Woes Deepen

6 Jun 2012 at 9 AM - Written by Frank Davies

This week’s session has started with the emergence of further gloomy economic data and negative commentary from key international policy-makers, adding to the gloomy mood in the global currency markets. Monday’s US Factory Order data for April built on the negative sentiment which surrounded last Friday’s US Non-Farm Payrolls figure,...

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Weak Showing For US Non-Farm Payrolls Data Puts Pound To Dollar Exchange Rate At Risk

1 Jun 2012 at 4 PM - Written by Tim Boyer

Highly disappointing US Non-Farm Payrolls data, released earlier this afternoon, have ensured that risk aversion has once again won the day during today’s session. The key labour market figure showed that only 69,000 jobs had been created in America’s giant economy last month, against analysts’ expectations of a 150,000 increase. The...

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Forward Move For Global Equities Sees Aussie and Kiwi Dollars Gain

22 May 2012 at 9 AM - Written by John Cameron

Europe’s stock markets enjoyed a rare day of gains during yesterday’s session, with London’s FTSE 100 index closing up by 0.70%, Paris’s Cac 40 registering a positive move of 0.64% and Frankfurt’s Dax up by 0.95%. Many analysts have taken the view that the move higher marked a technical correction following last week’s sustained...

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Australian and New Zealand Dollars Weaken Again As Bank of England Slashes UK Growth Forecast

17 May 2012 at 9 AM - Written by Minesh Chaudhari

The Bank of England Governor Mervyn King called an instant halt to the Pound’s recent bull-run in the currency markets during yesterday’s session, when he announced that the Bank was slashing its UK growth forecast for 2012 by a third, from the previous 1.2% to a paltry 0.8%. King blamed the announcement on the threat to the British...

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Today?s Rate Forecasts For The Pound Sterling, Euro, US Dollar and Australian Dollar

16 May 2012 at 6 PM - Written by David Woodsmith

The Bank of England slashed its forecast for UK growth for this year from 1.2% to 0.8% earlier today, hitting the POUND STERLING. With the UK tender riding high at the top if its recent range against a host of currencies, a broad move to the downside is possible, meaning that GBP heads towards tomorrow’s session on a NEUTRAL TO NEGATIVE...

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Pound Euro Exchange Rate Breaches 1.2500 For First Time Since 2008 As Greek Debt Fears Heighten

15 May 2012 at 9 AM - Written by David Woodsmith

The ongoing soap opera which is the Greek debt crisis took several twists and turns during yesterday’s session in the markets. The most significant development on the day came in the form of an announcement from the leaders of the ‘socialist light’ Democratic Left party which revealed that they would not enter into any coalition...

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Pound Australian Dollar and Pound New Zealand Dollar Rates Could Dip As China Loosens Monetary Policy

14 May 2012 at 9 AM - Written by John Cameron

Friday’s Asian session saw the release of data which provided further evidence that the Chinese economy is expanding at a slower pace. The annualised Industrial Production figure registered at 9.3%, versus an anticipated 12.2%. This showing was the lowest level that Chinese industrial output had expended by for some three years. Chinese...

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Fear Grips Global Markets As Greek Politicians Countenance A Sovereign Debt Default

9 May 2012 at 9 AM - Written by Tim Boyer

The precarious political situation in Greece informed price action in the currency markets during yesterday’s session, sending the value of the high-yielders and commodity currencies tumbling. Not surprisingly, the euro didn’t fare too well either. To recap, the story so far has seen Greece build up unmanageable debts which it has no...

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Sterling Euro Exchange Rate Spirals To 42-Month High As Anti-Austerity Parties Make Gains In Greek Elections And France Elects Pro-Growth President

8 May 2012 at 9 AM - Written by James Fuller

Political upheaval in mainland Europe has had a dramatic effect on the currency markets since they re-opened on Sunday night. The French people voted in favour of Francois Hollande to be their new head of state on Sunday, leaving the country’s erstwhile President Nicolas Sarkozy adrift in the political wilderness. The Socialist candidate...

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