‘Forex Forecast’ News Archive

Euro to Plunge Deeper on Fiscal Crisis Consequences

Monday, February 22nd, 2010

EuroThe outlook for the European currency is perhaps the worst since its introduction in 1999, as disparities among Eurozone members’ financial structure is likely to decline the appeal for the currency even further, since measures to bring budget deficits to the ECB’s target are likely to set several countries into a longer recession.

Dollar to Gain on Grim Global Outlook

Monday, February 8th, 2010

US DollarThe U.S. dollar profited last week from a wave of uncertainty that brought investors to opt for safer bets in foreign-exchange markets, and this trend might last for a longer period mainly versus European currencies as the economic outlook in the region is far from optimistic.

Euro May Fall Further After Monthly Drop

Monday, February 1st, 2010

EuroThe start of 2010 was rather grim for the European single currency as consumer confidence and economic acceleration decreased in the European Union, adding to the negative sentiment spread in markets but some of the bloc’s members raising budget deficits.

Pound May Climb On Asset Purchase Program Ending

Monday, January 18th, 2010

Great Britain poundThe U.K. currency may be experience a shift on its sentiment as speculations suggest that the current quantitative easing measures used by the nation’s central bank will be terminated, as the country starts to publish positive economic reports, suggesting that the recession may be ending in the British Isles.

Swiss Franc May Decline On SNB Interventions

Tuesday, January 12th, 2010

Swiss francAfter the SNB stated its position against further advances of its national currency, the Swiss Franc may be poised to decline versus main currencies, as fears of interventions are likely to shun investors from investing in the franc-priced assets.

Pound to Decline Versus Higher-Yielding Currencies on Weak Recovery

Monday, January 11th, 2010

Great Britain poundThe United Kingdom has been showing itself as one of the least resilient nations among the wealthiest countries in the world, and its weak economic data combined with a ineffective monetary policy is likely to set the sterling further down in the first semester of 2010, specially versus higher-yielding options

Euro to Fall Versus Commodity Linked Currencies

Monday, January 4th, 2010

EuroThe euro may extend last month’s decline versus emerging markets and commodity linked currencies as the economic recovery expected for the beginning of 2010 may rise appeal for riskier assets, damping demand for the European single currency in foreign-exchange markets.

Aussie Dollar May Gain on Commodities

Monday, January 4th, 2010

Australian dollarThe Australian dollar may start the year gaining against refuge currencies like the yen, and currently not so attractive currencies like the pound and the euro as a global recovery expected for 2010 may trigger stronger demand for commodity exports from Australia, favoring the national currency in foreign-exchange markets.

Euro to Drop in 2010 on EU Members Credit Rating

Sunday, December 27th, 2009

EuroThe European common currency may experience further declines in the beginning of 2010 against currencies like the Canadian and the U.S. dollar, as well as the Swiss franc, as concerns regarding the financial health among the bloc members fuel negative speculations in trading markets towards the euro.

Emerging Market Currencies to Decline in 2010

Monday, December 21st, 2009

US DollarAs the market sentiment has shifted towards the end of this year’s trading session, emerging market currencies like the Brazilian real and the South African rand, which ranked among the top performers in currency markets, may witness a decline in 2010 versus wealthy nations’ currecies in process of economic recovery.


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