Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #102

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

GBP/USD Stalls Close to 1.2800

10 Dec 2024 at 8 AM - Written by Frank Davies

STORY LINK GBP/USD Stalls Close to 1.2800

The Pound to Dollar (GBP/USD) exchange rate has tested the 1.2800 level over the past 24 hours, but failed to break through and retreated to just below 1.2750 on Tuesday. Another warning over fiscal policy from Chancellor Reeves had some impact in curbing Pound demand and the global dimension was also less favourable with equities...

CATEGORIES: Pound Dollar Forecasts

GBP/AUD Outlook: Pound Targets 4-Year Best vs Australian Dollar

10 Dec 2024 at 8 AM - Written by Tim Boyer

STORY LINK GBP/AUD Outlook: Pound Targets 4-Year Best vs Australian Dollar

Stronger expectations of a Reserve Bank of Australia (RBA) interest rate cut in the first quarter of 2025 undermined the Australian dollar on Tuesday. The Australian dollar to dollar (AUD/USD) exchange rate dipped to just below 0.6400 and close to 4-month lows. The Pound to Australian dollar (GBP/AUD) exchange rate strengthened to...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to Dollar Week Ahead Exchange Rate Forecast: Recovery?

8 Dec 2024 at 6 PM - Written by Frank Davies

STORY LINK Pound to Dollar Week Ahead Exchange Rate Forecast: Recovery?

ING forecasts that the Pound to Dollar (GBP/USD) exchange rate will retreat to 1.24 at the end of 2025. In contrast, Credit Agricole expects that GBP/USD can recover from initial losses trade at 1.30 at the end of next year. UBS expects a stronger rebound to 1.35. US data for the week was mixed, but with a soft overall tone. US...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Dollar to Pound Sterling Outlook: Softer US Jobs Makes a FED Christmas Cut More Likely

8 Dec 2024 at 5 PM - Written by David Woodsmith

STORY LINK Dollar to Pound Sterling Outlook: Softer US Jobs Makes a FED Christmas Cut More Likely

Friday’s Jobs Report was mixed. The headline number beat expectations, but the unemployment rate rose. The Fed will be more concerned with the latter and the report has increased the odds of a December cut to around 84%. Friday’s Jobs Report had the potential to shift the odds of a December cut which stood at 68% ahead of...

CATEGORIES: Dollar Pound Forecasts

Pound Sterling Outlook: GBP/USD Braced for US Jobs Data

6 Dec 2024 at 9 AM - Written by Frank Davies

STORY LINK Pound Sterling Outlook: GBP/USD Braced for US Jobs Data

Pound sentiment is relatively cautious with doubts over the near-term economic outlook, but reservations elsewhere, including weaker than expected US data has protected the Pound. Friday’s US jobs data is likely to be pivotal for near-term direction. The Euro remains broadly on the defensive due to political and economic concerns...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar GBP/USD Exchange Rate Edges Up on Market Optimism

6 Dec 2024 at 8 AM - Written by David Woodsmith

STORY LINK Pound US Dollar GBP/USD Exchange Rate Edges Up on Market Optimism

The Pound US Dollar (GBP/USD) exchange rate posted modest gains on Thursday as a cautiously upbeat mood boosted the currency pair. The Pound (GBP) traded without clear direction on Thursday, lacking impetus due to an absence of UK economic data. However, the increasingly risk-sensitive currency managed modest gains against its safer...

CATEGORIES: Pound Dollar Forecasts

Pound to US Dollar Rate Choppy following BoE Bailey Remarks

5 Dec 2024 at 8 AM - Written by Frank Davies

STORY LINK Pound to US Dollar Rate Choppy following BoE Bailey Remarks

The Pound US Dollar (GBP/USD) exchange rate wavered on Wednesday as a variety of factors saw Sterling trade in a wide range. The Pound (GBP) faced fluctuations on Wednesday as shifting market sentiment, comments from the Bank of England (BoE), and fresh economic data drove mixed movements. Sterling initially gained support from a...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate "Trapped in Range" After US JOLTs Job Openings

4 Dec 2024 at 9 AM - Written by Tim Boyer

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate "Trapped in Range" After US JOLTs Job Openings

The Pound US Dollar exchange rate was trapped in a narrow range on Tuesday following the release of the US’s latest JOLTs job openings for October. The US Dollar (USD) held steady against most of its counterparts on Tuesday following the release of the country’s latest JOLTs job openings data. The index surpassed market...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Hobbled by Trump Brics Tariff Threat

3 Dec 2024 at 12 PM - Written by James Fuller

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Hobbled by Trump Brics Tariff Threat

The Pound US Dollar exchange rate edged lower on Monday as the currency pair was weakened by President-Elect Donald Trump's comment that he might impose a 100% tariff on members of the Bric nations. The US Dollar (USD) appreciated against most of its counterparts at the beginning of the week, buoyed by President-Elect Donald Trump's...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar December Forecast: Trump Trade but Upside Still Expected

1 Dec 2024 at 2 PM - Written by James Fuller

STORY LINK Pound to Dollar December Forecast: Trump Trade but Upside Still Expected

After an initial retreat to below 1.25, Bank of America (BoA) expects the Pound to Dollar exchange rate (GBP/USD) to strengthen to 1.38 at the end of 2025 with a further surge to 1.49 at the end of 2026. ING, however, expects dollar strength to dominate and has a 12-month GBP/USD forecast of 1.24. After posting gains for 8...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today