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American Dollar Forecast Directory - Page #104

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

Pound to Dollar Forecast Today: GBP Retakes $1.24 vs USD Ahead of PMIs

24 Jan 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Forecast Today: GBP Retakes $1.24 vs USD Ahead of PMIs

The Pound Sterling (GBP) advanced to $1.24 handle against the US Dollar on Friday ahead of the latest PMI data. At the time of writing, Pound US Dollar exchange rate (GBP/USD) was trading at approximately $1.24. Sterling was mostly rangebound against the US currency on Thursday amid thin market trading conditions. On Thursday,...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound to Dollar Rate Holds Near $1.23

22 Jan 2025 at 4 PM - Written by Tim Boyer

STORY LINK GBP/USD Forecast: Pound to Dollar Rate Holds Near $1.23

The Pound US Dollar exchange rate was mostly quiet on Wednesday amid an absence of both UK and US economic data releases. At the time of writing, GBP/USD was trading at approximately $1.2354, virtually unchanged from the start of Thursday’s session. On Wednesday, the Pound (GBP) experienced minimal fluctuation against most other...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Pares Gains Against Dollar, Euro as Trump Announces 25% Tariffs

21 Jan 2025 at 3 PM - Written by David Woodsmith

STORY LINK Pound Sterling Pares Gains Against Dollar, Euro as Trump Announces 25% Tariffs

The Pound US Dollar exchange slumped on Tuesday following a tariff announcement from President Trump and the release of the UK’s latest jobs data. At the time of writing, GBP/USD was trading at approximately $1.2245, down roughly 0.7% from the start of Tuesday’s session. On Tuesday, the US Dollar (USD) gained significant...

CATEGORIES: Pound Dollar Forecasts

US Dollar Slides vs Pound, Euro as Trump Delays Tariffs Action

20 Jan 2025 at 10 PM - Written by Tim Boyer

STORY LINK US Dollar Slides vs Pound, Euro as Trump Delays Tariffs Action

The US Dollar (USD) edged lower in European trading and then posted sharp losses against the Euro (EUR) and Pound Sterling (GBP) following reports that the Trump Administration will not move to impose immediate tariffs on key trade partners. From lows close to 1.2160, the Pound to Dollar (GBP/USD) exchange rate surged to 10-day highs...

CATEGORIES: Dollar Pound Forecasts Euro Dollar Forecasts

Pound to Dollar Weekly Exchange Rate Outlook: Lose-Lose Sterling Scenario?

19 Jan 2025 at 7 PM - Written by Frank Davies

STORY LINK Pound to Dollar Weekly Exchange Rate Outlook: Lose-Lose Sterling Scenario?

Foreign exchange analysts at UBS have adjusted their forecasts and now expect the Pound to Dollar exchange rate (GBPUSD) will dip below 1.20 short-term before a move back to 1.29 by year-end. ING expects GBP/USD to remain under pressure throughout the year with an end-year forecast of 1.19. The dollar posted fresh 2-year highs at...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Softens following UK and US Data Releases

17 Jan 2025 at 12 PM - Written by Ben Hughes

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Softens following UK and US Data Releases

The Pound Sterling weakened against US Dollar on Thursday following the release of both the UK’s latest GDP data and the US’s latest retail sales. At the time of writing, the GBP/USD exchange rate was trading at approximately $1.2194, down roughly 0.4% from the start of Thursday’s session. On Thursday, the Pound (GBP)...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling and Dollar Today: UK and US Inflation Data Rocks Markets

16 Jan 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound Sterling and Dollar Today: UK and US Inflation Data Rocks Markets

Both UK and US inflation data came in slightly cooler than expected. However, the two reports had completely different effects. The pound is higher on Wednesday, while the US dollar is lower. Key inflation data was released in the UK and US on Wednesday. Both reports showed slightly lower than expected readings, and led to...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Mid-Week Forecast: GBP/USD Soars on UK & US Inflation

16 Jan 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Mid-Week Forecast: GBP/USD Soars on UK & US Inflation

The Pound US Dollar exchange rate (GBP/USD) surged on Wednesday following the release of the latest inflation figures from both the UK and the US. Cable was trading at approximately $1.2305, up roughly 0.7% from the start of Wednesday’s session. On Wednesday, the Pound (GBP) maintained its strength against most of its major...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Finds Some Breathing Space, GBP/USD Still at Risk of 1.2000

14 Jan 2025 at 9 PM - Written by Frank Davies

STORY LINK Pound Sterling Finds Some Breathing Space, GBP/USD Still at Risk of 1.2000

The Pound hit 14-month lows against the US Dollar, close to 1.2100 on Monday before a rally to 1.2200 as the dollar corrected weaker. A slight easing of the UK political temperature has helped provide Sterling relief. ING is not convinced that the Pound is out of the woods yet; “Things can stabilise in the gilt and GBP markets...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Dips to $1.21

14 Jan 2025 at 9 PM - Written by David Woodsmith

STORY LINK Pound US Dollar Exchange Rate Dips to $1.21

The Pound to Dollar rate (GBP/USD) declined further on Tuesday as persistent worries about the UK economy unnerved investors. The Pound (GBP) faced renewed selling pressure on Tuesday amid ongoing concerns about the UK’s economic trajectory. Although UK bond yields retreated slightly from Monday’s near-three-decade highs,...

CATEGORIES: Pound Dollar Forecasts

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