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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.

Pound US Dollar GBP/USD Exchange Rate Dips Amid Market Caution

1 Dec 2024 at 2 PM - Written by Tim Boyer

STORY LINK Pound US Dollar GBP/USD Exchange Rate Dips Amid Market Caution

The Pound to US Dollar (GBP/USD) exchange rate weakened on Thursday as global market sentiment turned cautious. The US Dollar (USD) found support on Thursday as investors favoured the safe-haven currency amid ongoing market uncertainty. Concerns over President-elect Donald Trump’s aggressive trade policies weighed on risk...

CATEGORIES: Pound Dollar Forecasts

New Zealand Dollar Rebounds Despite Rate Cut, GBP/NZD Hits 1-Month lows

28 Nov 2024 at 9 AM - Written by Frank Davies

STORY LINK New Zealand Dollar Rebounds Despite Rate Cut, GBP/NZD Hits 1-Month lows

The New Zealand dollar rallied after the Reserve Bank of New Zealand (RBNZ) interest rate cut. There had been some speculation of an even larger cut and the decision triggered some short covering. There were also hopes that lower rates would help support the economy. The New Zealand dollar to dollar (NZD/USD) exchange rate rallied...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound US Dollar Exchange Rate Leaps Higher

28 Nov 2024 at 9 AM - Written by Tim Boyer

STORY LINK Pound US Dollar Exchange Rate Leaps Higher

The Pound US Dollar exchange rate jumped on Wednesday following the publication of several important US data releases. At the time of writing, GBP/USD was trading at approximately $1.2640, up roughly 0.6% from the start of Wednesday’s session. US Dollar (USD) Plummets following Domestic Data The US Dollar (USD) slumped against...

CATEGORIES: Pound Dollar Forecasts

GBP to CAD Exchange Rate Jumps on Trump’s Tariff Threat Against Canada

27 Nov 2024 at 8 AM - Written by Frank Davies

STORY LINK GBP to CAD Exchange Rate Jumps on Trump’s Tariff Threat Against Canada

In comments overnight, US President-elect Trump stated that he would impose tariffs on Canada. Mexico and China on the first day of taking office in January. The Canadian dollar posted sharp losses in global markets and the Pound to Canadian dollar exchange rate (GBP/CAD) surged. From 3-month lows below 1.7500 posted late last week,...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/USD Outlook: Trump Trade Talk Dominates Markets, Pound-Dollar Steady

27 Nov 2024 at 8 AM - Written by David Woodsmith

STORY LINK GBP/USD Outlook: Trump Trade Talk Dominates Markets, Pound-Dollar Steady

Overnight, US President-elect Trump stated that he would levy 25% tariffs on shipments from Mexico and Canada due to failure to control drugs and illegal migration. He also reiterated that there would be 10% tariffs on goods from China. In relative terms, there are expectations that the UK will not be a major target which could protect...

CATEGORIES: Pound Dollar Forecasts

Pound Euro Exchange Rate Softens following Trump Tariff Announcement

27 Nov 2024 at 8 AM - Written by Frank Davies

STORY LINK Pound Euro Exchange Rate Softens following Trump Tariff Announcement

The Pound Euro (GBP/EUR) exchange rate slipped on Tuesday following Donald Trump’s proposed tariff plans. The Euro (EUR) gained ground against most currencies on Tuesday following the revelation of Donald Trump's latest tariff proposals for the United States. In the wake of Trump's election victory less than a month ago, EUR...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate: GBP Fluctuates vs USD on Trump’s Tariff Plans

27 Nov 2024 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Rate: GBP Fluctuates vs USD on Trump’s Tariff Plans

The Pound to US Dollar (GBP/USD) exchange rate saw choppy trading on Tuesday as markets reacted to Donald Trump’s announcement of sweeping new tariffs. The US Dollar (USD) initially surged during the Asian session on Tuesday following a statement by President-elect Donald Trump, who revealed plans to introduce tariffs on imports...

CATEGORIES: Pound Dollar Forecasts

Trump Expectations Dominate the Pound, GBP/USD Bounces

25 Nov 2024 at 3 PM - Written by Frank Davies

STORY LINK Trump Expectations Dominate the Pound, GBP/USD Bounces

The US Dollar traded lower at the Monday open following the news that President-elect Trump had nominated Scott Bessent to be Treasury Secretary. The nomination of Bessent increased hopes of less disruptive US trade policies which triggered a dollar correction and recovery in European currencies, but underlying US currency sentiment...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Outlook: Sterling Underpinned by Positive Market Mood

25 Nov 2024 at 3 PM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Outlook: Sterling Underpinned by Positive Market Mood

The Pound US Dollar exchange rate edged higher at the start of the week, bolstered by Monday’s risk-on market mood. At the time of writing, GBP/USD was trading at approximately $1.2568, up roughly 0.3% from the start of Monday’s session. The Pound (GBP) kicked off the week with a robust performance against most other...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Week Ahead Forecast: USD Strength Tipped to Continue

24 Nov 2024 at 11 AM - Written by Frank Davies

STORY LINK Pound to Dollar Rate Week Ahead Forecast: USD Strength Tipped to Continue

HSBC expects that the Pound to Dollar (GBP/USD) exchange will edge lower to 1.24 by June 2024. The bank is forecasting significant net dollar gains, but with GBP/USD losses contained by a Pound advance against the Euro. UBS has scaled back its GBP/USD forecasts following the US election, but still expects gains to 1.33 by the middle...

CATEGORIES: Pound Dollar Forecasts

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