Although economists expected US consumer spending to be little changed in March, Commerce Department data...
Monthly Archives: April 2013
Pound Sterling to US Dollar Exchange Rate – GBP/USD at 10-week high as good news for the British currency continues
On Friday a combination of the weaker-than-expected US GDP and the better-than-expected UK GDP released...
Euro (EUR) Exchange Rate – Confidence in the Eurozone wanes more than expected
Confidence in the Eurozone declined more than expected and for a second straight month in...
Australian Dollar to US Dollar (AUD/USD) Exchange Rate Forecast – ‘Aussie’ Gains as Gold Rises and US Data disappoints, but could fall to 93 US Cents
Before the close of local trade the Australian Dollar was able to strengthen to 1.0324...
Indian Rupee (INR) Exchange Rate – INR/USD extends gains on hopes of an interest rate cut
The Indian Rupee strengthened against the US Dollar on Monday, rising by 10 paise or...
Japanese Yen to US Dollar (JPY/USD) Exchange Rate – Yen Strengthens on US and Chinese Growth Concerns
The Japanese Yen strengthened against several of its most-traded peers this morning as last week’s...
New Zealand Dollar (NZD) Exchange Rate Forecast – ‘Kiwi’ gains against peers but the week ahead could be full of risk for the currency
The New Zealand Dollar has strengthened against the majority of its major peers as economists...
Pound Sterling Hits Three-month high against Euro (GBP/EUR) and Two-month high against US Dollar (GBP/USD) as US GDP Fails to Impress
The Pound continued to reap the benefits of Thursday’s stronger-than-expected GDP score on Friday as...
US Dollar to Japanese Yen (USD/JPY) Exchange Rate – Dollar Falls as BoJ Maintains Stimulus and US Growth Fails to Meet Expectations
With US first quarter GDP figures revealing weaker growth than anticipated the US Dollar has...
Euro to US Dollar (EUR/USD) Exchange Rate – Euro Trading Lower Versus Dollar on Domestic and Global Economic Concerns
The Euro fell against its main counterparts today as US GDP trailed economic forecasts and...