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Daily Exchange Rate Forecasts & Currency News

Australian Dollar Forecast Directory - Page #145

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, NOK

2 Sep 2011 at 1 PM - Written by John Cameron

POUND STERLING Growth in the UK construction sector showed a further slowdown last month according to the PMI construction survey released this morning. The figure represents the lowest reading since the turn of the year. Following on the coat tails of yesterday’s data which showed that the UK manufacturing sector is contracting,...

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Forex Forecast : Rate Predictions For GBP, USD, EUR, AUD, CAD

1 Sep 2011 at 2 PM - Written by John Cameron

POUND STERLING This morning’s PMI survey showed that the UK’s manufacturing output continued to contract last month as demand for British exports in foreign markets dropped off. With the latest Halifax house price survey showing an unexpected dip in UK property prices, most analysts would have expected the Pound to come under selling...

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

31 Aug 2011 at 2 PM - Written by John Cameron

POUND STERLING No data releases in the UK today have led the Pound to drift downwards against the other majors. Tomorrow’s PMI Manufacturing sector survey will be closely watched – last month’s counterpart figure disappointed, causing downward pressure on the Pound. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US DOLLAR – The...

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Foreign Exchange Report : GBP USD Rate Up as Investors Fear Further Loosening of US Monetary Policy Following FOMC Minutes

31 Aug 2011 at 7 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1294. The Pound Dollar exchange rate (GBP USD) is 1.6316. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5259. Last night saw the release of the minutes of the Federal Open Market Committee’s last policy meeting, which took place on 9th August. The Minutes echoed Fed Chairman Ben...

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

30 Aug 2011 at 1 PM - Written by John Cameron

POUND STERLING The Pound has lost ground against most of the sixteen most actively-traded currencies so far during today’s session. The day started badly for Sterling with August’s Lloyds Business Barometer survey disappointing and things got worse when Net Consumer Credit data showed that UK credit expansion is slowing. NEAR-TERM...

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Foreign Exchange Insight : Positive US Income and Household Expenditure Data Pushes EUR USD Rate to a 7-Week High, While GBP AUD and GBP NZD Rates Suffer

30 Aug 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1297. The Pound Dollar exchange rate (GBP USD) is 1.6407. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5374. The major mover on the currency markets during yesterday’s session was the US Dollar, which continued to weaken against the other majors. The move against the Greenback...

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

26 Aug 2011 at 6 PM - Written by John Cameron

POUND STERLING The pound has had a mixed day today. Sentiment is still poor for the UK economy and the outlook for economic growth is still marginal. The Office for National Statistics has confirmed that the UK economy grew just 0.2% in the second quarter. Factors such as the April bank holiday, the Royal Wedding and the Japanese Tsunami...

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

25 Aug 2011 at 1 PM - Written by John Cameron

POUND STERLING More disappointing UK data releases today have held back the Pound today; this morning’s CBI Reported Sales figure hinted at a future slowdown in British aggregate demand, while the Nationwide Consumer Confidence survey also showed a dip. Sterling badly needs tomorrow’s Q2 annualised GDP growth figure to beat...

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

24 Aug 2011 at 2 PM - Written by John Cameron

POUND STERLING Once again, there are no data releases of note in the UK penned in for today. In the absence of any compelling reasons to buy the Pound, the GBP EUR and GBP USD rates have drifted down on the day. Investors holding Sterling-denominated assets will be willing Friday’s UK Q2 GDP figure to be positive. NEAR-TERM OUTLOOK –...

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Foreign Exchange Report : Weak US Housing Sector Data and Japanese Debt Downgrade Could Send GBP AUD, GBP NZD, GBP CAD Rates Higher

24 Aug 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1445. The Pound Dollar exchange rate (GBP USD) is 1.6495. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5712. Western equities markets enjoyed pronounced gains during yesterday’s session with the benchmark S&P 500 index closing up by 3.43%. These gains were a continuation of...

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