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A round up of the latest American Dollar forecast news items from the Currency News desk.

US Dollar Outlook Improves After Stronger Than Expected US Inflation Data

11 Jan 2024 at 9 PM - Written by David Woodsmith

US consumer prices increased 0.3% for December compared with consensus forecasts of a 0.2% increase with the year-on-year increasing to 3.4% from 3.1% and above expectations of 3.2%. Core prices increased 0.3% on the month which was in line with expectations, although the year-on-year rate retreated to 3.9% from 4.0% and slightly above...

CATEGORIES: American Dollar Forecasts

US Dollar to Swedish Krona Rate: Sell USD/SEK at 10.98 target of 10.65, say MUFG

6 Nov 2023 at 3 PM - Written by James Fuller

FX analysts at MUFG sees scope for at least limited krone relief, especially with the central bank continuing operations to sell foreign currencies to hedge foreign exchange reserves. The bank is also more cautious over the dollar outlook. According to the bank; “With the USD in the process of peaking out alongside US yields,...

CATEGORIES: American Dollar Forecasts

Euro to Dollar Forecast: 1.02 in Three Months say Rabobank

17 Oct 2023 at 9 PM - Written by John Cameron

US Economy Continues to Out-Perform, Rabobank Maintains 3-Month EUR/USD Exchange Rate Forecast of 1.02 A key feature for bond and currency markets is that the US economy continues to outperform Europe and this is continuing to benefit the dollar. According to Rabobank; “We maintain a forecast of EUR/USD 1.02 on a 3-month...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rallies amid Elevated BoE Rate Hike Bets

26 Apr 2023 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Rallies amid Elevated BoE Rate Hike Bets The Pound US Dollar (GBP/USD) climbed during Wednesday’s European session, as elevated rate hike bets supported the Pound against its peers. Furthermore, a return of risk appetite to the markets weighed heavily on the safe haven ‘Greenback’,...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Trades Narrowly as UK Wages Hit 20-year Low

2 Sep 2022 at 2 PM - Written by John Cameron

GBP/USD Exchange Rate Range-Bound as Economic Concerns Deepen The Pound to US Dollar (GBP/USD) exchange rate traded in a narrow range on Friday as investors remain wary of the UK economic outlook At time of writing the GBP/USD exchange was trading around $1.1544, barely changed from Friday’s opening levels. Pound (GBP) Trading...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts

Euro US Dollar (GBP/USD) Exchange Rate Spikes as Risk Sentiment Improves

25 Jul 2022 at 11 AM - Written by John Cameron

EUR/USD Exchange Rate Firms on Risk Sentiment Turnaround The Euro US Dollar (EUR/USD) exchange rate trended on Monday morning, as positive risk flows buoy the Euro (EUR) in spite of downbeat data from the Ifo institute. Meanwhile, the US Dollar (USD) is succumbing to downside ahead of this afternoon’s data releases. At the time...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Rises amid Positive Data

6 Dec 2021 at 3 PM - Written by John Cameron

GBP/USD Rises amid Three-Month-High for Construction Sector The Pound to US Dollar (GBP/USD) exchange rate has risen since the opening of today’s European session. At the time of writing, the GBP/USD exchange rate is trading at $1.3258 with a market movement of 0.2%. Pound (GBP) Strengthened by Better-Than-Expected Data The...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/USD News: Pound US Dollar Exchange Rate Rebounds on Mixed Data and Risk-On Mood

22 Oct 2021 at 12 PM - Written by John Cameron

GBP/USD Volatile as UK Data Surprises The Pound US Dollar (GBP/USD) exchange rate has experienced some volatility this morning, as the UK’s retail sales report and PMIs have surprised investors. Meanwhile, an improved market mood weighs on the safe-haven US Dollar (USD) after struggling Chinese firm Evergrande finds the funds...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts

Pound US Dollar Hits Three-Week High amid Upbeat Mood

15 Oct 2021 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Buoyed by Risk-On Trade The Pound US Dollar exchange rate hit a three-week high earlier in Friday’s session as optimism over UK-EU talks on the Northern Ireland protocol and Bank of England (BoE) rate hike expectations support Sterling. Meanwhile, the US Dollar has weakened at the end of the week due to...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/USD News: Pound US Dollar Exchange Rate Firms on Strong UK Employment Data

12 Oct 2021 at 12 PM - Written by John Cameron

GBP/USD Climbs on Positive UK Jobs Data The Pound US Dollar (GBP/USD) exchange rate has firmed today, after initially dipping at the open of the session, following the UK’s strong jobs data. Meanwhile, a recent absence of any meaningful US data is leaving the US Dollar (USD) open to losses. Pound (GBP) Strengthens on Strong...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts