usd predict

Sterling Stronger After Weak CBI Report

The pound sterling is higher on Thursday after a weaker than expected manufacturing report from the Confederation of British Industry (CBI).On Thursday morning the CBI's manufacturing orders index advanced to -57 from March's -58 level. Expectations had been for a read of -54.After unveiling one of the largest budgets in the UK's history on Wednesday, UK Chancellor of the Exchequer Darling said that fiscal and monetary stimulus will help the economy recover by the end of 2009

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US Apr Richmond Fed Manufacturing Index rises to -9

FXstreet.com (Barcelona) For more information, read our latest forex news.

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Australian Dollar Rallies After RBA Holds Rates

The Australian dollar is rallying against majors following the unexpected decision by the Reserve Bank of Australia to leave rates unchanged at its monetary policy meeting.The RBA held rates at 3.25% against expectations for a 25 basis point cut, citing stable domestic economic conditions.Jacqueline Douglas, strategist with TD Securities, said that since the announcement, the Aussie has robbed the USD of a lot of bullish momentum that was building up yesterday and initially overnight. The Aussie

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USD/JPY falls below 94.80, fresh 7-week low

FXstreet.com (Córdoba) ? The Yen strengthen and is rising across the board. USD/JPY rally downside form 95.55 to the 7-weeks low at 94.70. The pair is testing that zone. Next support level is 94.15 (March 20 low). Current price is 94.79 which is 1.22% below opening price. Also against European currencies the Yen is gaining, recovering yesterday losses and heading toward the lows of the week.For more information, read our latest forex news.

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Euro and Pound pick up after U.S data; Yen, down

FXstreet.com (Barcelona) - U.S. CPI data and the NY Fed manufacturing Index have triggered a wave of risk appetite and Euro and Pound have reversed their downward trends while the USD/JPY has bounced from multi-week lows.Consumer prices Index has remained unchanged from march to April, while it dropped 0.7% year on year. Excluding food and Energy, the Core CPI has increased 0.3% on the month, somewhat above the 0.1% increment expected. NY Fed manufacturing Index has improved to -4.55 in

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November 3rd - Bank On England (boe)'s Governor King Speech, Ism Manufacturing

Hello fellow traders,We are still in a consolidation. The prices are volatil, the intraday trends often change, each trade is highly risky.Some news in our forex calendar today:09:30 GMT: Purchasing Manager Index Manufacturing. The Manufacturing Purchasing Managers Index (PMI) released by both the Chartered Institute of Purchasing & Supply and

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