Currency News

Daily Exchange Rate Forecasts & Currency News

More Currency Predictions Continued - page 152

A round up of the latest currency predictions from the Currency News desk.

Yen is set to plummet against the Dollar, Euro heads for gains

19 Oct 2012 at 11 AM - Written by Frank Davies

The Japanese Yen is set to make its biggest decline against the US Dollar since August due to increasing speculation that the Bank of Japan will boost stimulus in an effort to get the nation’s economy back on course. Such a move will almost certainly lead to a reduction in demand for the nations assets as a safe-haven. Bank of Japan...

CATEGORIES: American Dollar Forecasts Currency Predictions Daily Curre Forecasts

Successful Spanish Bond Auction Sends GBP EUR Exchange Rate Lower, Strong Swiss Export Data Helps The CHF

18 Oct 2012 at 4 PM - Written by David Woodsmith

This morning’s sale of Spanish 3, 4 and 10 year government bills was a qualified success, providing the euro with further positive impetus as today’s two day eurozone summit gets underway. It was a case of ‘win-win’ for the debt-troubled Iberian state’s policymakers, with the debt sale, which many analysts had considered to be a...

CATEGORIES: American Dollar Forecasts Currency Predictions Euro Forecasts Euro Forecasts

Pound Euro Exchange Rate Tumbles To 4-Month Low Following UK Employment Data

17 Oct 2012 at 4 PM - Written by Tim Boyer

There has never been a time when more workers have been gainfully employed in the British economy, (since records began in 1971). This morning’s official UK government labour market figures revealed that some 30 million people are working in the UK at the moment. What this headline number did not reveal, however, was the extent to which the...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Dips On Spanish Bailout Rumours, US Inflation Numbers Could See GBP USD Fall

16 Oct 2012 at 6 PM - Written by David Woodsmith

In an unusual turn of events, the euro has outperformed all of the other sixteen most-actively traded currencies during today’s session. Investor sentiment towards the single currency has begun to thaw in recent weeks, partly thanks to the European Central Bank’s positive action in announcing an open-ended bond purchase scheme last month....

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound Euro Exchange Rate Could Dip On Tomorrow?s UK And Eurozone CPI Inflation Numbers

15 Oct 2012 at 6 PM - Written by David Woodsmith

Stronger than anticipated us Advance Retail Sales data, released earlier this afternoon, caused a slight weakening of the US Dollar, taking the GBP USD exchange rate back up towards the 1.6100 level during this afternoon’s European equities session. The Greenback had been showing signs of weakening in the early part of today’s session,...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Exchange Rate Predictions - Pound Sterling to Euro, US Dollar And New Zealand Dollar Currency Forecasts

12 Oct 2012 at 3 PM - Written by Frank Davies

This afternoon’s US Producer Price Index, considered to be a reliable indicator of future levels of inflation in an economy, printed above expectations at an annualised 2.1%. With domestic price rises showing little sign of abating, the Federal Reserve’s hands look to be tied regarding future increases to its current US$40bn Quantitative...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

ECB?s Monthly Report Reassures Investors, Taking GBP EUR Exchange Rate Lower

11 Oct 2012 at 4 PM - Written by David Woodsmith

This morning’s major release of note in the currency markets came in the form of the latest edition of the European Central Bank’s Monthly Report. The publication focussed on legal issues surrounding its Outright Monetary Transactions policy, which ECB President Mario Draghi announced last month. Effectively, the OMT scheme sees...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Aussie Exchange Rate Dips In Spite Of Negative Assessment Of The Global Economy By IMF, GBP NZD And GBP ZAR Also Lower

10 Oct 2012 at 4 PM - Written by Toni Johnson

Today’s session in the currency markets has been marked by some interesting price action for Sterling crosses, in spite of a general dearth of tier one data releases and global risk events. Stock markets have continued to give up ground on the day, with London’s FTSE 100 trading down by almost half a percentage point by the middle part of...

CATEGORIES: Australian Dollar Forecasts Currency Predictions New Zeala Forecasts

NIESR Projects That UK Economy Grew By 0.8% In Q3, Pound Dollar Exchange Rate Drops On Investor Sentiment

9 Oct 2012 at 4 PM - Written by Frank Davies

This morning’s session brought the delivery of a triple blow to Sterling in the form of a disappointing set of UK Industrial Production, Manufacturing Production and Visible Trade Balance figures for August. The data suggests that the British economy is continuing to creak under the pressure of the hefty austerity measures which the...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

World Bank?s Downgrade Of Chinese Growth Forecast Sees Pound Dollar Exchange Rate Drop, Solid German Data Supports Euro

8 Oct 2012 at 4 PM - Written by Minesh Chaudhari

A generally poor day for global stock markets has seen the safe-haven US Dollar well supported, sending the GBP USD exchange rate down to close to the psychologically significant 1.6000 level. The pair has been further weighed-down by Friday’s better than anticipated US labour market data, which showed that the rate of US unemployment...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Yen is set to plummet against the Dollar, Euro heads for gains

19 Oct 2012 at 11 AM - Written by Frank Davies

The Japanese Yen is set to make its biggest decline against the US Dollar since August due to increasing speculation that the Bank of Japan will boost stimulus in an effort to get the nation’s economy back on course. Such a move will almost certainly lead to a reduction in demand for the nations assets as a safe-haven. Bank of Japan...

CATEGORIES: American Dollar Forecasts Currency Predictions Daily Curre Forecasts

Successful Spanish Bond Auction Sends GBP EUR Exchange Rate Lower, Strong Swiss Export Data Helps The CHF

18 Oct 2012 at 4 PM - Written by David Woodsmith

This morning’s sale of Spanish 3, 4 and 10 year government bills was a qualified success, providing the euro with further positive impetus as today’s two day eurozone summit gets underway. It was a case of ‘win-win’ for the debt-troubled Iberian state’s policymakers, with the debt sale, which many analysts had considered to be a...

CATEGORIES: American Dollar Forecasts Currency Predictions Euro Forecasts Euro Forecasts

Pound Euro Exchange Rate Tumbles To 4-Month Low Following UK Employment Data

17 Oct 2012 at 4 PM - Written by Tim Boyer

There has never been a time when more workers have been gainfully employed in the British economy, (since records began in 1971). This morning’s official UK government labour market figures revealed that some 30 million people are working in the UK at the moment. What this headline number did not reveal, however, was the extent to which the...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Dips On Spanish Bailout Rumours, US Inflation Numbers Could See GBP USD Fall

16 Oct 2012 at 6 PM - Written by David Woodsmith

In an unusual turn of events, the euro has outperformed all of the other sixteen most-actively traded currencies during today’s session. Investor sentiment towards the single currency has begun to thaw in recent weeks, partly thanks to the European Central Bank’s positive action in announcing an open-ended bond purchase scheme last month....

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound Euro Exchange Rate Could Dip On Tomorrow?s UK And Eurozone CPI Inflation Numbers

15 Oct 2012 at 6 PM - Written by David Woodsmith

Stronger than anticipated us Advance Retail Sales data, released earlier this afternoon, caused a slight weakening of the US Dollar, taking the GBP USD exchange rate back up towards the 1.6100 level during this afternoon’s European equities session. The Greenback had been showing signs of weakening in the early part of today’s session,...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Exchange Rate Predictions - Pound Sterling to Euro, US Dollar And New Zealand Dollar Currency Forecasts

12 Oct 2012 at 3 PM - Written by Frank Davies

This afternoon’s US Producer Price Index, considered to be a reliable indicator of future levels of inflation in an economy, printed above expectations at an annualised 2.1%. With domestic price rises showing little sign of abating, the Federal Reserve’s hands look to be tied regarding future increases to its current US$40bn Quantitative...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

ECB?s Monthly Report Reassures Investors, Taking GBP EUR Exchange Rate Lower

11 Oct 2012 at 4 PM - Written by David Woodsmith

This morning’s major release of note in the currency markets came in the form of the latest edition of the European Central Bank’s Monthly Report. The publication focussed on legal issues surrounding its Outright Monetary Transactions policy, which ECB President Mario Draghi announced last month. Effectively, the OMT scheme sees...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Aussie Exchange Rate Dips In Spite Of Negative Assessment Of The Global Economy By IMF, GBP NZD And GBP ZAR Also Lower

10 Oct 2012 at 4 PM - Written by Toni Johnson

Today’s session in the currency markets has been marked by some interesting price action for Sterling crosses, in spite of a general dearth of tier one data releases and global risk events. Stock markets have continued to give up ground on the day, with London’s FTSE 100 trading down by almost half a percentage point by the middle part of...

CATEGORIES: Australian Dollar Forecasts Currency Predictions New Zeala Forecasts

NIESR Projects That UK Economy Grew By 0.8% In Q3, Pound Dollar Exchange Rate Drops On Investor Sentiment

9 Oct 2012 at 4 PM - Written by Frank Davies

This morning’s session brought the delivery of a triple blow to Sterling in the form of a disappointing set of UK Industrial Production, Manufacturing Production and Visible Trade Balance figures for August. The data suggests that the British economy is continuing to creak under the pressure of the hefty austerity measures which the...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

World Bank?s Downgrade Of Chinese Growth Forecast Sees Pound Dollar Exchange Rate Drop, Solid German Data Supports Euro

8 Oct 2012 at 4 PM - Written by Minesh Chaudhari

A generally poor day for global stock markets has seen the safe-haven US Dollar well supported, sending the GBP USD exchange rate down to close to the psychologically significant 1.6000 level. The pair has been further weighed-down by Friday’s better than anticipated US labour market data, which showed that the rate of US unemployment...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts