Currency News

Daily Exchange Rate Forecasts & Currency News

Australian Dollar Forecast Directory - Page #158

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

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

7 Apr 2011 at 4 PM - Written by John Cameron

POUND STERLING As expected, the Bank of England Monetary Policy Committee opted to maintain UK interest rates at their record low level of 0.50%. They also announced today that the current Asset Purchase scheme will be limited to its current level of £200Bn. The announcement had little effect on Sterling, as it had already been factored...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dolla Forecasts

Foreign Exchange Rates - GBP AUD Rate Drops While EUR Comes Under Pressure

7 Apr 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1433. The Pound Australian Dollar exchange rate (GBP/AUD) is 1.5587. Market focus once again turned to Eurozone sovereign debt concerns overnight, when Portugal became the third European state to approach the European Union for a financial bailout. Portugal’s stand-in Prime Minister, Jose...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Daily Currency Forecasts

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

6 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING The Pound has been brought back down to earth with a bang today following yesterday’s positive Service Sector data. This morning’s Manufacturing Production data for February came out significantly worse than expectations, causing significant selling pressure on Sterling. Tomorrow’s Bank of England rate decision is...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dolla Forecasts

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

5 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING Sterling has had its best day for some time today following some extremely positive Service Sector data this morning. Tomorrow’s NIESR GDP figure will be extremely closely-watched by analysts – if it confirms that the UK economy has returned to growth in Q1 of 2011, then expect further upside for Sterling. NEAR-TERM...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dolla Forecasts

Pound Australian Dollar Report ? GBP AUD Rate Drops Following Poor Australian Trade Figures, While US Currency Weakens

5 Apr 2011 at 9 AM - Written by John Cameron

The Pound Australian Dollar exchange rate (GBP/AUD) is 1.5651. The Pound US Dollar exchange rate (GBP/USD) is 1.6158. Australian Trade Balance figures released overnight provided considerable cause for concern for investors holding Australian Dollar denominated assets. February’s figure shocked the markets by showing a monthly deficit...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dolla Forecasts

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

4 Apr 2011 at 4 PM - Written by John Cameron

POUND STERLING A thin day for UK data saw the Pound enjoy gains almost across the board. This morning’ s PMI construction data came out better than anticipated, fuelling fears that rising UK price rises may gain their own momentum, forcing the Bank of England to take action. NEAR-TERM OUTLOOK – NEUTRAL TO POSITIVE. EURO – The...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dolla Forecasts

CURRENCY NEWS Foreign Exchange Predictions - GBP USD EUR AUD NZD CAD

1 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING This morning’s Purchasing Manager’s Index figure for March heaped further pressure on the already-beleaguered Pound when it came in significantly worse than February’s equivalent number and much lower than analysts had expected. In the absence of any further risk events, the Pound was left to range-trade ahead of next...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dolla Forecasts

Foreign Currency Predictions : GBP, USD, EUR, AUD, NZD, CAD

31 Mar 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s Nationwide House Price Survey for March showed an unexpected monthly rise, providing Sterling with a short-term fillip. However the Pound lost ground later in the session when MPC member David Miles commented that spreads between the UK Central Bank lending rate and mortgage rates were limiting the MPC’s...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dolla Forecasts

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

30 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound held its ground on the day following some slightly better-than-expected Retail Sales figures from the CBI. With little other data of note until the release of tonight’s GFK Consumer Confidence Survey, the Pound has been open to range trading. It remains perilously close to a 5 month low against the Euro. A close...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dolla Forecasts

Morning Foreign Exchange Market Report : GBP/EUR Rate Drops to 5 Month Low In Spite of Eurozone Debt Worries, While the US Currency Makes Gains and the AUD Powers Forward

30 Mar 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1356. The Pound Dollar exchange rate is 1.6003. The Australian Dollar US Dollar exchange rate (AUD/USD) is 1.0327. There were significant moves in the currency markets during yesterday’s session as market participants reacted to a heavy schedule of data releases. The most significant of these...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Daily Currency Forecasts