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Australian Dollar Forecast Directory - Page #151

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

Foreign Exchange Insight : Soft Global Data Releases Suppress GBP USD Rate, While GBP AUD Breaks Higher

4 Jul 2011 at 7 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1074. The Pound Dollar exchange rate (GBP USD) is 1.6084. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4994. Global data releases during last Friday’s session were once again of a softer nature than analysts had been expecting, causing a dampening effect on investors’ appetite...

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

1 Jul 2011 at 1 PM - Written by John Cameron

POUND STERLING With this morning’s PMI data showing that expansion in the UK’s Manufacturing Sector dropped to its lowest rate in 21 months in June, the Pound has come under further selling pressure on the day. The one saving grace is that Asian and Eurozone data releases today have been equally weak, making the British numbers...

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

30 Jun 2011 at 1 PM - Written by John Cameron

POUND STERLING The Pound suffered a poor start to today’s European session in spite of a slightly better-than-anticipated Nationwide House Price Survey for June, released earlier today. The downward move was partly a reaction to the release of the worst UK service sector figures for 15 months yesterday and renewed focus on the UK’s...

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

29 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s UK Mortgage Approval data and Consumer Credit numbers for May disappointed, causing some early downward pressure on the Pound. Events elsewhere have determined the levels on GBP pairs during this afternoon’s session. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US DOLLAR – The Pound Dollar exchange...

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

28 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING Figures released this morning by the Office of National Statistics confirmed that the UK Economy grew by 0.5% in the first quarter of 2011. The ONS figures also confirmed that UK Retail Sales contracted by 0.6% in the first three months of 2011, providing a reminder to investors that the UK economy is not in a strong state....

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

27 Jun 2011 at 1 PM - Written by John Cameron

POUND STERLING Last night’s Hometrack Housing Survey showed a small monthly contraction in UK house prices this month, providing further evidence of a softening in the UK’s housing sector. With no key data due for release in the UK until tomorrow morning’s finalised Q1 GDP figure, the Pound has traded within tight ranges against the...

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

24 Jun 2011 at 2 PM - Written by John Cameron

POUND STERLING The Pound has done little more than hold its own against the other majors today as market participants focussed on events elsewhere. With no data released in the UK today, a positive move for the FTSE 100 equities index was cancelled out by expectations that a Bank of England interest rate rise is many months away yet....

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

23 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING Sterling has endured a mixed day on the markets, clawing back some of yesterday’s lost ground against the Euro, but GBP USD has slipped to its lowest level since the end of March. This morning’s CBI Reported Sales figure for June disappointed, showing a slight contraction. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE....

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

22 Jun 2011 at 1 PM - Written by John Cameron

POUND STERLING The Pound has come under severe selling pressure following the release of the minutes of June’s Bank of England Monetary Policy Committee meeting earlier today. The minutes showed that only two of the nine man committee had voted for an interest rate hike, following the departure of long-time hawk Andrew Sentance. The...

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

21 Jun 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound has suffered limited losses against virtually all of the other majors during today’s session. With this morning’s Public Sector Borrowing figures for May providing few surprises, most investors are taking a ‘wait-and-see’ approach ahead of tomorrow’s release of June’s BoE Minutes. If more than two MPC...

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