Currency News

Daily Exchange Rate Forecasts & Currency News

Euro Forecast Directory - Page #307

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

Today's Currency Insight - Pound Rallies on Interest Rate Expectations

16 Feb 2011 at 6 AM - Written by John Cameron

In the UK, yesterday’s annualised CPI inflation figure came out at 4.0%, as anticipated. This is double the government’s stated target of 2.0% and represents the highest level of inflation in Britain since November 2008. The figure meant that Bank of England Governor, Mervyn King, had to write a letter of explanation to Chancellor George...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Ind Forecasts

Euro Currency Insight - Pound Euro Rate Gains on Disappointing European Growth Numbers

15 Feb 2011 at 3 PM - Written by John Cameron

Disappointing growth figures in the Eurozone have weighed heavily on the Euro during today’s European trading session. French quarterly GDP figure for quarter 4 of 2010, released this morning showed growth of 0.4% as opposed to expectations of 0.6%. German counterpart figures also disappointed, with Europe’s industrial powerhouse economy...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Today's Currency Exchange Predictions - Dollar Trends Weaker as Appetite for Risk Picks Up

14 Feb 2011 at 5 AM - Written by John Cameron

Risk sentiment in world markets has swung again this morning following the resignation of Egyptian President Hosni Mubarak late on Friday night after an eighteen day popular uprising. Mubarak had surprised political spectators by failing to give up his post earlier last week, leading to fears of a fully-fledged military coup in the Arab...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Jap Forecasts

World Foreign Currency Predictions - USD, EUR, GBP, AED, TRY, INR, HKD

11 Feb 2011 at 5 PM - Written by John Cameron

US DOLLAR Risk sentiment in the markets has dropped off significantly in the latter part of the week, following down movements in world stock markets. Equities have suffered another negative day today with the Dow Jones currently trading down by a third of a per cent. However, caution is advisable as the Dollar has made significant gains...

CATEGORIES: American Dollar Forecasts Currency Predictions Euro Forecasts Hong Forecasts

Today's Currency Exchange Predictions - US Dollar Strengthening on Risk Aversion

11 Feb 2011 at 9 AM - Written by John Cameron

The political crisis in Egypt took an unexpected turn yesterday evening, with President Hosni Mubarak addressing the nation in a televised speech. Crowds of protestors massing across Cairo had expected Mubarak to confirm that he was stepping down, with immediate effect. Announcements to the crowds by military leaders to that effect had...

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

Euro Update - Debt Issues Remain for Single Currency

9 Feb 2011 at 2 PM - Written by John Cameron

Eurozone sovereign debt issues continue to cast a shadow over the Euro, with uptake for recent bond auctions in Ireland and Spain causing concern amongst analysts. European Financial Stability Facility Chairman Klaus Regling is due to make a set-piece speech later today. This will be closely watched by institutional investors who hope that...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Upturn in Risk Appetite Hurts US Dollar

8 Feb 2011 at 9 AM - Written by John Cameron

The US Dollar lost ground against the majority of major currencies during last night’s Asian session. Asian equity markets traded into positive territory, signalling an upturn in appetite for risk which in turn caused institutional investors to move away from the safe-haven of Dollar-denominated assets. The improvement in risk sentiment...

CATEGORIES: Pound Euro Forecasts Pound Dollar Forecasts Pound Yen Forecasts Euro Forecasts America Forecasts

Sterling Supported by Upbeat Figures

8 Feb 2011 at 9 AM - Written by John Cameron

The Pound saw a near-term rally in the early part of the week as it continued to recover from poor Quarter 4 growth figures. The January PMI figure, released at the end of last week, showed that the key UK Service Sector returned to growth. Last week also saw the release of positive manufacturing and construction data, leading to commentators...

CATEGORIES: Pound Euro Forecasts Pound Sterling Forecasts

German Data Weighs Down Euro

8 Feb 2011 at 9 AM - Written by John Cameron

Concerns over the servicing of individual nations’ sovereign debts continue for investors in Euro denominated assets. The latest Spanish bond auction has a disappointing uptake and EU Leaders met on Friday to discuss the overhauling of the €440bn emergency bailout fund. Comments following the meeting suggested that the fund may be...

CATEGORIES: Pound Euro Forecasts Euro Forecasts