Currency News

Daily Exchange Rate Forecasts & Currency News

More Currency Predictions Continued - page 158

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

Euro Weakens On Spanish Debt Fears, Taking Swiss Franc With It

7 Jun 2012 at 6 PM - Written by David Woodsmith

Price movement in today’s session in the currency markets has been driven by interest rate decisions and commentaries by some of the world’s leading central banks. The Bank of England kept it monetary policy stance ‘on hold’, with domestic interest rates remaining at their current record low levels of 0.50% and the UK’s QE programme...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Appetite For Risk Returns Triggering A Shift Out Of The Yen And The US Dollar

6 Jun 2012 at 6 PM - Written by John Cameron

Today’s session in the currency markets has been marked by a surge in global appetite for risk, which has been triggered by an unlikely source – Mario Draghi, the President of the ECB. Draghi used his post-ECB rate decision press conference to hint that Europe’s central bank is considering an easing of monetary policy in an attempt to...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Hong Kong Dollar Could Extend Its Recent Gains As US Dollar Is Well-Supported

31 May 2012 at 6 PM - Written by John Cameron

A dismal showing for this afternoon’s US ADP Employment Change figure for May has taken the edge off global risk sentiment. With market participants already fighting shy of riskier asset classes in the early part of the week, due to concerns over Spain’s fiscal position, the disappointing US labour market data this afternoon has...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Spanish Bond Yields Spiral, Sending Pound To Dollar Rate Lower

30 May 2012 at 6 PM - Written by Minesh Chaudhari

Yesterday’s concerns over Spain’s fiscal position have threatened to escalate into all-out fear during today’s session, as the yields on the debt-addled Iberian state’s benchmark 10-year bills rose to 6.7%, perilously close to the 7%-plus danger zone. Meanwhile, the interest rate paid by Germany on its bonds, which act as a safe-haven...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Weak US Consumer Confidence Data Sends GBP AED Exchange Rate Lower

29 May 2012 at 6 PM - Written by Frank Davies

A highly disappointing showing for this afternoon’s US Consumer Confidence survey has caused a surge in support for the safe-haven Buck. In early trading today, the GBP USD exchange rate had been on the front foot as global stock markets opened up higher. The driving factor behind this improvement in global risk sentiment during the early...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Singapore Dollar Makes Gains As Greek Opinion Polls Suggest Pro-Bailout Victory, Sterling Remains Under Pressure

28 May 2012 at 6 PM - Written by David Woodsmith

Today’s session in the currency markets has been marked by a paucity of data releases, due to a public holiday in most parts of the Western world. This has meant that stock market movements have had a key bearing on price action for most of the major pairs. Gains for Asian indices overnight have ensured that levels for the US Dollar slipped...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Rupee Makes Gains Against Pound, While Spanish Retail Banking Crisis Looms Holding Back The Euro

25 May 2012 at 4 PM - Written by John Cameron

There was further cause for concern for the euro today, as shares in Spain’s fourth biggest bank, were suspended on the Spanish stock market. Fears are mounting for the eurozone’s retail banking sector, following reports in recent weeks of eight figure sums being withdrawn from Greek banks by account holders concerned that the Hellenic...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

South African Rand Supported By Reserve Bank?s Decision To Hold Domestic Interest Rates, Euro Still In Trouble

24 May 2012 at 6 PM - Written by Toni Johnson

Britain continued to give the impression that it is an economy under pressure during today’s session, as the latest Q1 GDP growth estimate was revised downwards from -0.2% to a worryingly weak -0.3%. The only factor stopping the Pound loose more ground than it did on the day was that other economies have even greater problems. That’s...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Norwegian Krone is Threatened By Potential Eurozone Slowdown, US Dollar Trends Stronger

23 May 2012 at 6 PM - Written by David Woodsmith

Once again, the euro has hogged the currency market headlines on the day. This time, it was the voice of a ghost from the past which haunted the single currency, as former Greek Prime Minister Lucas Papademos stated that he believed that the troubled Hellenic state was making practical arrangements to leave the eurozone. This has seen share...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Kiwi Dollar Claws Back Ground in the Currency Markets as Stock Markets Register Gains

21 May 2012 at 6 PM - Written by David Woodsmith

The Pound has performed poorly on the day following the release of disappointing UK housing market numbers from Rightmove, which showed that British property prices remained static last month. The UK economy badly needs its housing market to start pushing forward once again in order to kick-start an all-around improvement. At this stage,...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Euro Weakens On Spanish Debt Fears, Taking Swiss Franc With It

7 Jun 2012 at 6 PM - Written by David Woodsmith

Price movement in today’s session in the currency markets has been driven by interest rate decisions and commentaries by some of the world’s leading central banks. The Bank of England kept it monetary policy stance ‘on hold’, with domestic interest rates remaining at their current record low levels of 0.50% and the UK’s QE programme...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Appetite For Risk Returns Triggering A Shift Out Of The Yen And The US Dollar

6 Jun 2012 at 6 PM - Written by John Cameron

Today’s session in the currency markets has been marked by a surge in global appetite for risk, which has been triggered by an unlikely source – Mario Draghi, the President of the ECB. Draghi used his post-ECB rate decision press conference to hint that Europe’s central bank is considering an easing of monetary policy in an attempt to...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Hong Kong Dollar Could Extend Its Recent Gains As US Dollar Is Well-Supported

31 May 2012 at 6 PM - Written by John Cameron

A dismal showing for this afternoon’s US ADP Employment Change figure for May has taken the edge off global risk sentiment. With market participants already fighting shy of riskier asset classes in the early part of the week, due to concerns over Spain’s fiscal position, the disappointing US labour market data this afternoon has...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Spanish Bond Yields Spiral, Sending Pound To Dollar Rate Lower

30 May 2012 at 6 PM - Written by Minesh Chaudhari

Yesterday’s concerns over Spain’s fiscal position have threatened to escalate into all-out fear during today’s session, as the yields on the debt-addled Iberian state’s benchmark 10-year bills rose to 6.7%, perilously close to the 7%-plus danger zone. Meanwhile, the interest rate paid by Germany on its bonds, which act as a safe-haven...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Weak US Consumer Confidence Data Sends GBP AED Exchange Rate Lower

29 May 2012 at 6 PM - Written by Frank Davies

A highly disappointing showing for this afternoon’s US Consumer Confidence survey has caused a surge in support for the safe-haven Buck. In early trading today, the GBP USD exchange rate had been on the front foot as global stock markets opened up higher. The driving factor behind this improvement in global risk sentiment during the early...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Singapore Dollar Makes Gains As Greek Opinion Polls Suggest Pro-Bailout Victory, Sterling Remains Under Pressure

28 May 2012 at 6 PM - Written by David Woodsmith

Today’s session in the currency markets has been marked by a paucity of data releases, due to a public holiday in most parts of the Western world. This has meant that stock market movements have had a key bearing on price action for most of the major pairs. Gains for Asian indices overnight have ensured that levels for the US Dollar slipped...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Rupee Makes Gains Against Pound, While Spanish Retail Banking Crisis Looms Holding Back The Euro

25 May 2012 at 4 PM - Written by John Cameron

There was further cause for concern for the euro today, as shares in Spain’s fourth biggest bank, were suspended on the Spanish stock market. Fears are mounting for the eurozone’s retail banking sector, following reports in recent weeks of eight figure sums being withdrawn from Greek banks by account holders concerned that the Hellenic...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

South African Rand Supported By Reserve Bank?s Decision To Hold Domestic Interest Rates, Euro Still In Trouble

24 May 2012 at 6 PM - Written by Toni Johnson

Britain continued to give the impression that it is an economy under pressure during today’s session, as the latest Q1 GDP growth estimate was revised downwards from -0.2% to a worryingly weak -0.3%. The only factor stopping the Pound loose more ground than it did on the day was that other economies have even greater problems. That’s...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Norwegian Krone is Threatened By Potential Eurozone Slowdown, US Dollar Trends Stronger

23 May 2012 at 6 PM - Written by David Woodsmith

Once again, the euro has hogged the currency market headlines on the day. This time, it was the voice of a ghost from the past which haunted the single currency, as former Greek Prime Minister Lucas Papademos stated that he believed that the troubled Hellenic state was making practical arrangements to leave the eurozone. This has seen share...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Kiwi Dollar Claws Back Ground in the Currency Markets as Stock Markets Register Gains

21 May 2012 at 6 PM - Written by David Woodsmith

The Pound has performed poorly on the day following the release of disappointing UK housing market numbers from Rightmove, which showed that British property prices remained static last month. The UK economy badly needs its housing market to start pushing forward once again in order to kick-start an all-around improvement. At this stage,...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts