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Australian Dollar Forecast Directory - Page #160

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

Exchange Rate Outlook Forecast For Major Currencies : GBP USD EUR JPY AUD NZD CAD

17 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING In the absence of any tier one data releases in the UK today, the Pound was susceptible to technical trading as several of the other majors made significant moves. Sterling remains subdued as the futures markets predict that a rate hike is a long way off. Tomorrow’s consumer confidence survey and public sector borrowing...

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Foreign Exchange Rates ? GBP/NZD, GBP/AUD Rally as Stock Markets Drop, While USD Weakens

17 Mar 2011 at 10 AM - Written by John Cameron

The Pound Australian Dollar exchange rate (GBP/AUD) is 1.6410. The Pound New Zealand Dollar exchange rate (GBP/NZD) is 2.2381. The threat of widespread nuclear contamination in Japan continues to cast a pall over global currency markets as rumours and news cause dramatic lurches in the value of major currencies. These moves are being...

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

16 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING This morning’s labour market figures showed that UK unemployment is at its highest level since 1984. However, UK unemployment claims fell by over 10,000 in February, offering some hope. A report released by the OECD this afternoon predicted that the UK economic recovery will be ‘subdued’ for the next two years....

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

15 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING Poor housing sector has hurt the Pound today, with government figures showing that UK house prices suffered a considerable monthly drop in January. Sterling is threatening to drop down through significant market supports against the Euro and the US Dollar. Better-than-anticipated employment data tomorrow is required to stop...

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Japan Crisis Update : Fear of Nuclear Meltdown Causes Flight to Safety in Currency Markets - USD CHF JPY Gain, While AUD NZD ZAR Rates Plummet

15 Mar 2011 at 6 AM - Written by John Cameron

The Pound Japanese Yen exchange rate (GBP/JPY) is 131.57. Fears of a full-scale nuclear meltdown in Japan are growing following an overnight blast at a third reactor at the stricken Fukushima power plant. Japan’s Chief Cabinet Secretary, Yukio Edano, has commented in recent hours that, "now we are talking about (radiation) levels that...

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End of Day Outlook - Prediction for Major Currencies : GBP USD EUR AUD NZD CAD

14 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound has traded on the level against most of the majors today. Tomorrow’s consumer confidence survey and Wednesday’s unemployment figures may offer renewed direction, in the meantime, the levels on Sterling-based pairs are likely to be determined by events elsewhere. NEAR-TERM OUTLOOK NEUTRAL. US DOLLAR – The...

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Pound Japanese Yen : GBP/JPY Rate Rises in Aftermath of Tsunami as Bank of Japan Announces Massive Injection of Liquidity

14 Mar 2011 at 6 AM - Written by John Cameron

The Pound Japanese Yen Rate (GBP/JPY) is 131.93. Japan continues to suffer the devastating effects of last Friday’s massive earthquake and subsequent Tsunami. The earthquake was the sixth most powerful ever recorded and along with the tidal waves which followed, has cost tens of thousands of lives and destroyed thousands of homes and...

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

11 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound has come under concerted selling pressure in today’s session. Factory Gate Price data showed that producers’ exposure to inflation is at its greatest for 28 months. This increase is largely attributable to rising global commodities prices, so is unlikely to force the BoE into a tightening of monetary policy any...

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

10 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound has suffered a poor day on the markets. The BoE chose to maintain rates at 0.50% earlier today, causing selling pressure on Sterling as futures markets had factored in a minority chance of a rate rise. Positive manufacturing data was unable to prop up the Pound. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US...

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Exchange Rate Predictions ? GBP, USD, EUR, AUD, ZAR, SGD

4 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING Sterling has suffered heavy selling pressure over the last 24 hours following yesterday’s worse-than-anticipated PMI Services Sector figure. This morning’s Halifax House Price survey for February showed a monthly contraction in the UK housing market. Meanwhile, Sterling loses ground to the Euro on relative interest rate...

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