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Daily Exchange Rate Forecasts & Currency News

Australian Dollar Forecast Directory - Page #142

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

Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, TRY

11 Oct 2011 at 2 PM - Written by John Cameron

POUND STERLING This morning’s UK Manufacturing Production data showed a monthly contraction of 0.3% in British manufacturing output between July and August, providing more bad news for the UK economy. If tomorrow’s UK Jobless Claims Change figure provides further evidence that the slowdown in the UK economy is picking up pace, then it...

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Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, CAD

10 Oct 2011 at 2 PM - Written by John Cameron

POUND STERLING Sterling has performed poorly against all of the major currencies, with the exception of the low-yielding reserve currencies, so far today. With no UK data of note released on the day, the move has come as a delayed response to last Thursday’s surprise decision by the Bank of England to extend its Quantitative Easing...

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Foreign Exchange Report : GBP USD Rate Heads Higher Following Friday?s Better-Than-Anticipated Non-Farm Payrolls Data

10 Oct 2011 at 8 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1550. The Pound Dollar exchange rate (GBP USD) is 1.5614. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5811. Last week ended on a positive note with the release of significantly better-than-anticipated US labour market data. September’s Non-Farm Payrolls data in the US showed that...

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Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, AED

7 Oct 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s UK Producer Price Index data for September came out higher than had been anticipated, indicating that British factory gate prices are still rising at an accelerating rate. The figure traditionally acts as a leading indicator of future price rises for consumers; if this holds true, then the Bank of England...

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Foreign Exchange Insight : Sterling Comes Under Pressure as Bank of England Votes to Ramp Up Quantitative Easing Scheme by ?75bn, While GBP USD Could Drop if Non-Farm Payrolls Disappoint

7 Oct 2011 at 8 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1552. The Pound Dollar exchange rate (GBP USD) is 1.5538. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5844. Yesterday was a tale of two central bank policy decisions in the currency markets, with both the Bank of England and the European Central bank making their monthly...

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Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, NZD

6 Oct 2011 at 3 PM - Written by John Cameron

POUND STERLING The Pound gave up significant ground against the other majors following the announcement by the Bank of England that it is set to extend its quantitative easing scheme by £75bn. With only one MPC member, Adam Posen, having voted for an increase to QE in recent months, up to and including last month, it was a surprise that...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predi Forecasts

Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, JPY

5 Oct 2011 at 5 PM - Written by John Cameron

POUND STERLING Today brought yet more bad news for the Pound as the UK’s Office of National Statistics released the finalised GDP growth figure for quarter two. The figure was downgraded from initial estimates, revealing that British economic activity expanded by only 0.1% in the three months to the end of June. Things could get worse...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predi Forecasts

Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, NOK

4 Oct 2011 at 4 PM - Written by John Cameron

POUND STERLING There was more bad news for the UK economy earlier today with the release of September’s PMI manufacturing survey, which showed that growth in the UK’s manufacturing sector came close to grinding to a halt last month. The Halifax House Price survey released tonight could provide further cause for concern. NEAR -TERM...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predi Forecasts

Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, ZAR

3 Oct 2011 at 4 PM - Written by John Cameron

POUND STERLING Sterling received a fillip earlier today when leading credit ratings agency S&P confirmed the UK’s AAA debt rating. On the debit side, S&P’s report also noted that the UK’s economic recovery was ‘lacklustre’. If the Bank of England monetary policy committee opt to extend the UK’s quantitative easing scheme, then...

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Foreign Exchange Report : GBP EUR Rate Up Again as Greece Announces That it is Set to Miss EU/IMF Deficit Reduction Targets

3 Oct 2011 at 9 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1642. The Pound Dollar exchange rate (GBP USD) is 1.5564. The Pound Australian Dollar exchange rate (GBP AUD) is 1.6123. Greece’s government stunned the markets yesterday with the release of figures which projected that it will miss its EU/IMF deficit reduction targets for both 2011 and...

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