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Daily Exchange Rate Forecasts & Currency News

Australian Dollar Forecast Directory - Page #150

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, NZD

18 Jul 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s Rightmove House Price survey for July provided investors holding Sterling with further reason for concern, showing that UK house prices are continuing to contract. However, the Pound is holding up well against the Dollar and the Euro thanks to continuing sovereign debt problems in the US and Eurozone....

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

15 Jul 2011 at 1 PM - Written by John Cameron

POUND STERLING Levels on Sterling pairs have been determined by the relative strength of other currencies today, in the absence of any UK data releases. Next week’s session begins with the release of the Rightmove House Price Survey for July, which will be Sterling-negative if it shows a continuation of the recent weakening trend in UK...

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

14 Jul 2011 at 12 PM - Written by John Cameron

POUND STERLING With no UK data releases pencilled-in until next week, Sterling has traded no more than steadily on the day. Continuing concerns about the unresolved debt crises in the US and the Eurozone suppressing global risk appetite, the FTSE 100 has suffered significant losses, causing further downward pressure on the Pound....

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

13 Jul 2011 at 1 PM - Written by John Cameron

POUND STERLING Mixed labour UK market data released today held back the Pound in early trading. The job numbers showed that UK unemployment dropped by 26,000 in the three months to May, meaning that a total of 2.45m people remain unemployed in Britain. However, on a less positive note, last month saw the number claiming Job Seeker’s...

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

12 Jul 2011 at 1 PM - Written by John Cameron

POUND STERLING This morning’s UK inflation data surprised analysts, showing that the headline CPI measure of UK inflation had dropped last month, against expectations. Downward pressure on Sterling was accentuated by trade data, also released this morning, which showed that the UK’s trade gap widened in May. NEAR-TERM OUTLOOK –...

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

11 Jul 2011 at 12 PM - Written by John Cameron

POUND STERLING In the absence of any significant UK data releases, the Pound has drifted downwards against most of the other sixteen most-actively traded currencies on the day, with the notable exception of the Euro and the Scandinavian currencies. With major developments elsewhere causing a dip in appetite for risk, today’s downward...

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

8 Jul 2011 at 1 PM - Written by John Cameron

POUND STERLING The Pound has performed steadily on the day against most of the majors, with GBP EUR making significant gains due to general Euro weakness. UK economic data has been of a more encouraging tone today, following yesterday’s highly disappointing NIESR GDP Growth Estimate, with Producer Price Index Input and Output figures...

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

5 Jul 2011 at 12 PM - Written by John Cameron

POUND STERLING Sterling received a boost earlier today with the release of a better-than-anticipated Purchasing Managers’ Index Services survey. This helped the Pound make gains against all of the majors with the exception of the Swiss Franc during Europe’s morning session, but Sterling’s forward move may be short-lived, with...

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Foreign Exchange Report : GBP AUD Rate Gains Following Bleak RBA Statement, While GBP USD Trades Lower

5 Jul 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1081. The Pound Dollar exchange rate (GBP USD) is 1.6043. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5023. Yesterday saw a muted start to the week’s session in the currency markets, with investors eyeing key central bank rate decisions later in the week and paying limited...

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

4 Jul 2011 at 3 PM - Written by John Cameron

POUND STERLING The Pound has struggled for direction on the day, with the PMI Construction survey for June coming in at exactly the expected level. Tomorrow morning’s PMI Services survey will be closely watched, as service sector numbers have proved market-moving in recent months due to the UK’s high dependency on this key area....

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