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Australian Dollar Forecast Directory - Page #152

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

Foreign Exchange Insight : Gloomy Reserve Bank of Australia Minutes Send GBP CHF and GBP USD Rates Lower

21 Jun 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1304. The Pound Dollar exchange rate (GBP USD) is 1.6215. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5345. The Reserve Bank of Australia’s minutes of this month’s Monetary Policy meeting, released during last night’s Asian session, painted a gloomy picture of the state of the...

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

20 Jun 2011 at 2 PM - Written by John Cameron

POUND STERLING The Rightmove House Price survey for June, released overnight, showed that the monthly increase in UK house prices slowed last month. However, this disappointing housing data has not caused any significant downward pressure on Sterling, as investors sit on their hands ahead of Wednesday’s Bank of England minutes....

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

17 Jun 2011 at 1 PM - Written by John Cameron

POUND STERLING With no data of note released today in the UK, yesterday’s poor UK Retail Sales figure for May continued to weigh heavily on investor’s minds. This has caused the Pound to lose ground against nearly all of the 16 most-actively traded currencies. The exception being the reserve currencies. NEAR-TERM OUTLOOK – NEUTRAL...

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

16 Jun 2011 at 1 PM - Written by John Cameron

POUND STERLING This morning’s UK Retail Sales figures for May severely disappointed the market. The figure showed a monthly contraction of 1.4% last month, cancelling out April’s better-than-anticipated shop sales numbers. With no further UK data of note due for release this week, these numbers will feature heavily in the minds of...

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Foreign Exchange Report : GBP EUR Rate Trades Up Again as the Currency Market is Gripped by Fears Over Greece?s Debt Crisis

16 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1422. The Pound Dollar exchange rate (GBP USD) is 1.6199. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5349. The ongoing sovereign debt crisis in Greece once again took centre stage in the currency markets yesterday, causing the Euro to come under renewed selling pressure. The...

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

15 Jun 2011 at 2 PM - Written by John Cameron

POUND STERLING UK job market data released this morning sent out mixed messages about the state of the real economy in the UK. On the one hand, the figures showed that UK Unemployment dropped by its largest quarterly amount since 2000. However, the numbers also showed a much larger than anticipated monthly increase in the number of people...

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Foreign Exchange Report : Euro Remains Under Pressure, While GBP AUD Rate Falls Away

15 Jun 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1351. The Pound Dollar exchange rate (GBP USD) is 1.6368. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5288. Chairman of the Federal Reserve, Ben Bernanke, issued a stark warning to US policy-makers when he spoke last night. Bernanke echoed a report issued last week by leading...

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

14 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s CPI inflation figure for May showed that annualised inflation in the UK remains at the same level as it was in April. Analysts had expected this, but the Pound still edged forward against most of the majors on the day. However, the persistent rise in UK prices is unlikely to cause the Bank of England to...

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

13 Jun 2011 at 2 PM - Written by John Cameron

POUND STERLING The Bank of England’s Quarterly Bulletin, released today, stated that British workers broadly expect UK inflation to drop back down to the Government’s target rate of 2% in the long-term. The Bank expects that this will mean that UK workers will not press for higher wages, meaning that inflation will not become...

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Foreign Exchange Report : GBP NZD Rate Spikes Upwards as Secondary Earthquakes Hit Christchurch. GBP AUD and GBP ZAR Rates Could Follow Suit

13 Jun 2011 at 6 AM - Written by John Cameron

The Pound New Zealand Dollar exchange rate (GBP NZD) is 1.9969. The Pound Euro exchange rate (GBP EUR) is 1.1315. The Pound Dollar exchange rate (GBP USD) is 1.6224. In a major development, two serious earthquakes have hit the Canterbury region of New Zealand overnight. Official sources suggest that the first struck about 10km from...

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