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American Dollar Forecast Directory - Page #103

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

Canadian Dollar Slumps to 21-Year Low as Trump Imposes Tariffs

3 Feb 2025 at 12 PM - Written by Frank Davies

STORY LINK Canadian Dollar Slumps to 21-Year Low as Trump Imposes Tariffs

The Canadian dollar crashed after President Trump carried out his threat to impose tariffs on Canada, dashing hopes of a last-minute reprieve. The US Dollar-to-Canadian dollar (USD/CAD) exchange rate hit a 21-year high just below 1.4800 before a correction to 1.4680. The Pound to Canadian dollar (GBP/CAD) exchange rate posted 2025...

CATEGORIES: Canadian Dollar Forecasts

Pound to Dollar Rate Forecast: GBP/USD to Open at Best 2025 Levels?

2 Feb 2025 at 4 PM - Written by Frank Davies

STORY LINK Pound to Dollar Rate Forecast: GBP/USD to Open at Best 2025 Levels?

Foreign exchange analysts at UBS expect that the Pound to Dollar exchange rate (GBP/USD) will dip below 1.20 in the first quarter of this year before a recovery to 1.29 at the end of 2025 as the dollar loses ground. Goldman Sachs expects a firm Pound tone, but that dollar strength will pin GBPUSD to 1.20 at the end of 2025. GBP/USD...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

GBP/USD Forecast: Pound Steady vs Dollar Despite Fed’s Hawkish Hold

31 Jan 2025 at 8 AM - Written by Tim Boyer

STORY LINK GBP/USD Forecast: Pound Steady vs Dollar Despite Fed’s Hawkish Hold

The British Pound (GBP) was steady against the U.S. Dollar (USD) on Thursday, as the Federal Reserve’s latest interest rate decision failed to impact the pairing significantly. At the time of writing, the Pound US Dollar (GBP/USD) exchange rate was trading at $1.2449, virtually unchanged on the day. The Pound (GBP) saw muted...

CATEGORIES: Pound Dollar Forecasts

UK Government Growth Agenda Fails to Support British Pound Against Dollar

30 Jan 2025 at 7 AM - Written by David Woodsmith

STORY LINK UK Government Growth Agenda Fails to Support British Pound Against Dollar

The Pound to US Dollar exchange rate (GBP/USD) has been unable to make headway and drifted lower to near 1.2410 as the government’s growth strategy had little near-term impact. The proposals had been flagged in advance, and any dividends will be over the longer term while US and dollar moves remain dominant. According to...

CATEGORIES: Pound Dollar Forecasts

Canadian Dollar Weak as Bank of Canada Cuts Rates and Warns of Impact of US Tariffs

30 Jan 2025 at 7 AM - Written by Ben Hughes

STORY LINK Canadian Dollar Weak as Bank of Canada Cuts Rates and Warns of Impact of US Tariffs

The BoC cut rates for a sixth time in a row. More cuts look likely and the Canadian Dollar exchange rate complex is weak. The central bank warned about the potential impact of US tariffs on economic growth and inflation. Wednesday’s Bank of Canada meeting delivered yet another rate cut, its sixth in a row. Rates are now 3%, much...

CATEGORIES: Canadian Dollar Forecasts

Pound to Dollar Forecast Today: GBP Rangebound vs USD ahead of FED Rate Decision

30 Jan 2025 at 7 AM - Written by Frank Davies

STORY LINK Pound to Dollar Forecast Today: GBP Rangebound vs USD ahead of FED Rate Decision

The Pound Sterling (GBP) mainly traded flat against the U.S. Dollar on Wednesday as investors awaited the Federal Reserve’s latest interest rate meeting. At the time of writing, Pound US Dollar exchange rate (GBP/USD) was trading at approximately $1.2422, virtually unchanged from the start of Wednesday’s session. On Wednesday,...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Slips vs Euro and Dollar as Tech Selloff Sparks Safe-Haven Demand

29 Jan 2025 at 9 AM - Written by David Woodsmith

STORY LINK Pound Sterling Slips vs Euro and Dollar as Tech Selloff Sparks Safe-Haven Demand

The Pound to Dollar exchange rate (GBP/USD) edged lower on Tuesday as risk-averse sentiment saw investors flock to the safe-haven Greenback. At the time of writing, GBPUSD was trading near $1.2428, down approximately 0.2% from Tuesday’s opening levels. The US Dollar (USD) continued its upward trajectory on Wednesday,...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Firms as Trump Comments Subdue USD

28 Jan 2025 at 9 AM - Written by David Woodsmith

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Firms as Trump Comments Subdue USD

The Pound Sterling gained ground against the US Dollar on Monday, driven by easing concerns over tariffs and the prospect of lower interest rates in the United States. At the time of writing, GBP/USD exchange rate traded at $1.2506, up 0.2% on the day. On Monday morning, the British Pound (GBP) saw a slight uptick, though the exact...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling to Dollar Rate Hits 1.247 as UK Government Talks up Economy

27 Jan 2025 at 3 PM - Written by David Woodsmith

STORY LINK Pound Sterling to Dollar Rate Hits 1.247 as UK Government Talks up Economy

The Pound to Dollar exchange rate (GBP/USD) hit 20-day highs just above 1.2520 before settling just above 1.2500. The government’s shift in stance to talk up the economy and put renewed focus on the growth outlook had some impact in supporting Pound sentiment, although there are still important reservations over the near-term...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Forecast Warning: Risk for GBP/USD Slide to 1.15

26 Jan 2025 at 5 PM - Written by Frank Davies

STORY LINK Pound to Dollar Rate Forecast Warning: Risk for GBP/USD Slide to 1.15

Foreign exchange analysts at Nordea expect dollar strength to dominate for much of the year. It sees the risk of GBP/USD sliding to at least 1.15 with an end-2025 forecast of 1.17. In contrast, Bank of America expects GBP/USD gains to 1.38. US data did not have a significant impact during the week, although a weaker-than-expected...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

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