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Pounds to US Dollars Archive


Us Dollar Outlook improves against the Euro Exchange Rate

Us Dollar Outlook improves against the Euro Exchange Rate for the first time in four days as bets are placed that the US Dollar printing program (Quantitative Easing) will come to a end at today’s FOMC meeting. The FOMC meeting will give a lot of direction for other exchange rates as well as the Euro…

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Foreign exchange traders buy euros even with bad data

Foreign exchange traders buy euros even with bad data. Today the German economic expectations worsened in March 2014 as the ZEW Indicator of Economic Sentiment fell for the fourth consecutive month to 46.6 (52 consensus and 55.7 in February). But Foreign Exchange Traders ignored this and started buying euros again with reckless abandon. Why do…

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Euros relentless rise confuses traders! but who will blink first? Super Mario or currency traders.

  US Dollar Exchange Rate Good news for the US economy as yesterdays Retails Sales increase for the first time in 3 months. Claims benefits dropped and consumer confidence has improved. The US dollar strengthened 100 points against both sterling and euro exchange rate. Pound Exchange Rate Today’s domestic calendar will be dominated by the…

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Currency Exchange Rate News 13-03-2014

Overnight Currency News Us Dollar Exchange Rate The dollar has weakened off this morning due to US data to be released this afternoon ‘Retail sales and Initial jobless claims’. Stanley Fischer, nominee to be Federal Reserve Chair Janet Yellen’s deputy, said the U.S. economy still needs stimulus to combat unemployment ahead of a report projected…

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Pounds Forecast boosted – will we see 1.3000 against the Euro

Hi All Analysts have increased their year-end forecasts for the pound against the dollar to the highest in more than two years amid speculation the Bank of England will increase interest rates before the Federal Reserve. The Pound has gained a whopping 13 percent in the past year against the US Dollar, the best performer…

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Bank of England hints that rates could rise sixfold within the next three years.

Bank of England hints that rates could rise sixfold within the next three years. US Dollar exchange rate The US Dollar exchange rate has shown a modestly firmer tone since the employment report last week, but progress has been very modest in general, and there is no US news today to justify any independent move…

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Why I hate the euro exchange rate

Argh – I hate the euro exchange rate! Last night various media sources were highlighting the strength of the UK economy and that the BOE  will have to rise Interest rates by sixfold. Whilst I not in favor of interest rate rise as like many I have a mortgage the above is not a reason…

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Australian Dollar exchange rate starts to climb

Hi All, Just watching the Australian Dollar exchange rate start to climb here back above the pounds to Australian Dollar rate of 1.8500 for the first time today. The RBA has become a little more upbeat of past and the chance for further cuts have watered down by higher than expected inflation numbers. Also the…

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Forex traders aren’t stupid

Hi All, Forex traders continue to kick the Pound to Euro exchange rate but it has been a very tight range since the initial fall from 1.2170 to settle at 1.2000. It is very frustrating as the news in the UK is good compared to the Euro-Zone and the likelihood the BOE will have a…

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Pounds to US dollars exchange rate getting creamed

The US employment data on Friday was slightly stronger than expected, with the small rise in the unemployment rate slightly offsetting the larger than expected rise in employment. This lead to the Pounds to US dollars exchange rate getting creamed and ending the week 150 points lower From a bigger picture perspective, it seems likely…

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