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Daily Exchange Rate Forecasts & Currency News

Australian Dollar Forecast Directory - Page #157

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, CAD

20 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING The Pound has lost significant ground against all of the majors today, with the exception of the US Dollar, during today’s session following the release of the Bank of England MPC Minutes for its April meeting. The Minutes were of a dovish tone, stating that UK economic data over the last month ‘has probably been to the...

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Exchange Rate Outlook Forecast for Majors : GBP EUR USD AUD NZD CAD

19 Apr 2011 at 4 PM - Written by John Cameron

POUND STERLING Sterling was left to range trade during today’s session in the absence of any significant data releases. It gained some ground against the high-yielders due to a dip in risk sentiment, but for the most part, institutional investors sat on their hands ahead of the BoE April MPC Minutes tomorrow morning. NEAR-TERM OUTLOOK...

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Foreign Exchange Rates - GBP USD Down as Risk Sentiment Ebbs on Concerns Over US Deficit

19 Apr 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1420. The Pound Dollar exchange rate (GBP USD) is 1.6299. Global equities markets have plummeted in the last 24 hours, with the FTSE 100 closing yesterday’s session down by 2.10%, whilst the S&P500 lost 1.10% on the day. Asian equities markets followed suit during last night’s session....

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

18 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING The Rightmove House Price Survey for May, which was released late last night, provided some respite for the Pound. The survey showed that UK property prices rose by a monthly amount of almost 2%. There was no other UK tier one data released today, so Sterling’s pronounced move forward against the other majors was caused...

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

15 Apr 2011 at 4 PM - Written by John Cameron

POUND STERLING A complete absence of tier one data releases in the UK during today’s session has left Sterling susceptible to drift against the other majors. The unexpected cooling off in price rises, which showed up in Tuesday’s Retail Sales figures, continues to weigh down Sterling. This month’s Rightmove House Price Survey is...

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

14 Apr 2011 at 4 PM - Written by John Cameron

POUND STERLING Last night’s Nationwide Consumer Confidence Survey results for March came out significantly better than expected. This, along with yesterday’s better than expected employment figures, has seen the Pound trade higher against the majors today. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US DOLLAR – The Pound Dollar...

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

13 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING The pound has struggled to find much support in trade today, the sell off is however slowing and consolidation can be seen in some pairings as a result of the slightly better than expected unemployment figures released this morning. The UK jobs report was mixed, with an improvement seen in the unemployment rate falling to...

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Foreign Exchange Rates: Currency Predictions for GBP, USD, EUR, AUD, NZD, CAD Today

12 Apr 2011 at 6 PM - Written by John Cameron

POUND STERLING UK CPI figures in at 4% this morning almost half a percent under the forecasted 4.4%.. The Pound responded dramatically against most of the world’s most actively traded currencies, declining as traders scaled back expectations for a rate hike from the Bank of England to Q3 or Q4 this year. Mervyn King the head of the Bank...

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Currency Exchange Rates Pound Makes Moderate Gains

11 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING The Pound came under selling pressure in trade this morning due to the Independent Commission on Banking holding a cautious outlook for the largest financial institutions in the U.K. The commission has suggested that the largest banks in Britain should increase their capital whilst separating their consumer banking units...

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

8 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING Sterling once again failed to make gains against any majors with the exception of the safe haven Yen and Dollar. This morning’s Producer Price Index figure came out higher than expected, printing at its highest level since 2008, increasing calls from economists for a raise in base rate. However, when even positive data...

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