Currency News

Daily Exchange Rate Forecasts & Currency News

Canadian Dollar Forecast Directory - Page #72

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

Foreign Exchange Report : Weak US Housing Sector Data and Japanese Debt Downgrade Could Send GBP AUD, GBP NZD, GBP CAD Rates Higher

24 Aug 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1445. The Pound Dollar exchange rate (GBP USD) is 1.6495. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5712. Western equities markets enjoyed pronounced gains during yesterday’s session with the benchmark S&P 500 index closing up by 3.43%. These gains were a continuation of...

CATEGORIES: Australian Dollar Forecasts Canadian Dollar Forecasts Daily Currency Forecasts

Foreign Exchange Report : GBP EUR Rate Dips While Price of a Barrel of Crude Oil Heads Lower as Libyan Crisis Nears a Resolution

22 Aug 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.474. The Pound Dollar exchange rate (GBP USD) is 1.6480. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5863. The Pound endured a poor day in the currency markets on Friday. Sterling opened brightly against the Euro to trade to within 0.6c of a 5-month high against Europe’s single...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Euro Forecasts Nor Forecasts

Foreign Exchange Update : US Non-Farm Payroll Figure Could Send GBP CHF and GBP USD Lower

3 Jun 2011 at 6 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP USD) is 1.6346. The Pound Euro exchange rate (GBP EUR) is 1.1284. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5308. US Labour Market data releases over the past forty-eight hours have been of a contradictory nature, with Wednesday’s ADP Employment Change number showing that only 38,000 new...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Daily Currency U Forecasts

Foreign Exchange Update : Share Markets Power Forward Causing GBP NZD and GBP ZAR Rates to Plummet

1 Jun 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1410. The Pound Dollar exchange rate (GBP USD) is 1.6460. The Pound South African Rand exchange rate (GBP ZAR) is 11.2095. The major theme in the currency markets yesterday was the return of investors’ appetite for riskier assets. The tone for the day was set with the release of positive...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Euro Forecasts New Forecasts

Foreign Exchange Rates - GBP EUR Rate Drops Ahead of BoE Minutes, USD Weakens

20 Apr 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1346. The Pound Dollar exchange rate (GBP USD) is 1.6379. Japanese trade data for March, which was released during last night’s Asian session, came out significantly worse than analysts had anticipated. The figures showed that Japan’s trade balance stands at JPY196.50bn versus...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Daily Currency U Forecasts

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...

CATEGORIES: Australian Dollar Forecasts Canadian Dollar Forecasts Currency Predi Forecasts

Foreign Exchange Rates - GBP USD Rate Up Following Federal Reserve Statement

6 Apr 2011 at 5 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6352. The Euro Dollar exchange rate (EUR/USD) is 1.4287. The Federal Reserve voted to maintain US monetary policy at current levels when they met last night. This means that interest rates stay at a record low of 0-0.25% and the current asset purchase scheme remains on track for its June...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Daily Currency U Forecasts

Exchange Rate Predictions - GBP USD EUR CAD TRY NZD

7 Mar 2011 at 3 PM - Written by John Cameron

POUND STERLING The Pound has continued to suffer following last week’s negative housing sector and service sector data. Futures markets are pricing in a 17% chance of a rate rise at Thursday’s BoE rate announcement. The likely outcome is a maintenance of rates at their record 0.5% low. With BoE Governor Mervyn King expected to issue...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Currency Predict Forecasts

Foreign Exchange Rates - GBP/CAD Rate Drops as Canadian Dollar Gains From Spike in Oil Price

7 Mar 2011 at 7 AM - Written by John Cameron

The Pound Canadian Dollar exchange rate (GBP/CAD) is 1.5804 at present. The price of a barrel of Brent Crude Oil is once again edging towards $120 as the political situation in Libya looks to be descending into civil war. US policy makers have stated that they are considering releasing a significant tranche of their emergency oil...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Pound Can Forecasts

Exchange Rate Predictions - GBP, EUR, USD, CAD, NZD, JPY

1 Mar 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound has traded under the radar against the other majors today as the main price action in the markets affected other currencies. Yesterday’s session was massively positive across the board for the Pound, with commentators speculating that the gains were due to institutional investors adjusting their positions for the...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Currency Predict Forecasts