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American Dollar Forecast Directory - Page #110

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

China Stimulus Measures Unleash Fresh Pound Buying

26 Sep 2024 at 8 AM - Written by John Cameron

STORY LINK China Stimulus Measures Unleash Fresh Pound Buying

Sterling has continued to make headway in currency markets with the Pound to Dollar (GBP/USD) exchange rate hitting 31-month highs around 1.3380. The latest round of Pound strength has been due primarily to global influences, although there has been an element of domestic support. According to ING; “We do not see GBP/USD...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Falls to 1.335 as Risk-Off Sentiment Returns

26 Sep 2024 at 8 AM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate Falls to 1.335 as Risk-Off Sentiment Returns

The Pound US Dollar exchange slumped on Wednesday as markets returned to downbeat trading conditions, hobbling the currency pairing. At the time of writing, GBP/USD was trading at approximately $1.3365 down roughly 0.4% from the start of Wednesday’s session. Pound (GBP) Stymied by Risk-Off Flows The Pound (GBP) struggled to...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Today: GBP Steady in Wake of BoE Governor Bailey Comments

26 Sep 2024 at 8 AM - Written by John Cameron

STORY LINK Pound Sterling Today: GBP Steady in Wake of BoE Governor Bailey Comments

The Pound to US Dollar (GBP/USD) exchange rate saw limited movement on Tuesday, with the pairing trading at its highest level since March 2022. At the time of writing, GBP/USD was at around $1.3363, reflecting little change from Tuesday’s opening levels. Pound (GBP) Stagnant Following Bailey’s Cautious Outlook The Pound...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar FX Outlook: GBP/USD Ticks up following UK and US PMIs

24 Sep 2024 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Dollar FX Outlook: GBP/USD Ticks up following UK and US PMIs

The Pound US Dollar (GBP/USD) exchange gained ground on Monday following the publication of the UK’s and the US’s latest PMI data. At the time of writing, GBP/USD was trading at approximately $1.3357, up roughly 0.2% from the start of Monday’s session. The pound (GBP) fluctuated on Monday, gaining against the Euro (EUR) but...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Forecast for Next Week: 1.33 but 2024 Predictions see Higher

22 Sep 2024 at 1 PM - Written by John Cameron

STORY LINK Pound to Dollar Rate Forecast for Next Week: 1.33 but 2024 Predictions see Higher

Foreign exchange analysts at HSBC are forecasting GBP/USD to weaken to 1.25 by September 2025. Structural and cyclical developments will be crucial for the GBP/USD performance. Interest rate decisions have dominated markets during the week and GBP/USD hit 30-month highs above 1.33. The Federal Reserve cut interest rates by 50...

CATEGORIES: Pound Dollar Forecasts

Pounds to Dollars Update: Hits 30-Month High as Fed Kicks Off Cutting Cycle

19 Sep 2024 at 10 PM - Written by John Cameron

STORY LINK Pounds to Dollars Update: Hits 30-Month High as Fed Kicks Off Cutting Cycle

The Pound US Dollar (GBP/USD) exchange rate reached a 30-month peak on Thursday, driven by the Federal Reserve’s dovish interest rate decision. At the time of writing, GBP/USD is trading at approximately $1.3288, marking a 0.6% increase for the day. US Dollar (USD) Plunges following Jumbo Fed Rate Cut The US Dollar (USD) came...

CATEGORIES: Pound Dollar Forecasts

Transatlantic Interest Rate Debate Dominates the Pound, GBP/USD Jumps

19 Sep 2024 at 7 AM - Written by David Woodsmith

STORY LINK Transatlantic Interest Rate Debate Dominates the Pound, GBP/USD Jumps

The British Pound (GBP) posted gains after the latest UK inflation data with a Bank of England rate cuts seen as even less likely this week. The Pound to Dollar (GBP/USD) exchange rate touched 1.3200 from 1.3160. The Federal Reserve will cut rates today, although the size of the cut is still uncertain and there will be high...

CATEGORIES: Pound Dollar Forecasts

UK inflation Data Sparks Pound to Dollar Exchange Rate Gains

19 Sep 2024 at 7 AM - Written by John Cameron

STORY LINK UK inflation Data Sparks Pound to Dollar Exchange Rate Gains

The Pound US Dollar (GBP/USD) exchange ticked up on Wednesday following the publication of the UK’s latest inflation data. At the time of writing, GBP/USD was trading at approximately $1.3214 up roughly 0.4% from the start of Wednesday’s session. The pound (GBP) strengthened against most of its rivals on Wednesday, bolstered by...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar FX Outlook: GBP/USD Exchange Rate Fluctuates ahead of Fed Decision

18 Sep 2024 at 7 AM - Written by John Cameron

STORY LINK Pound to Dollar FX Outlook: GBP/USD Exchange Rate Fluctuates ahead of Fed Decision

The Pound US Dollar (GBP/USD) exchange rate was largely rangebound on Tuesday as investors shrugged off an upbeat US retail release in anticipation of the Federal Reserve’s looming interest rate decision. At the time of writing GBP/USD was trading at around $1.3204, virtually unchanged from Tuesday’s opening rate. US Dollar...

CATEGORIES: Pound Dollar Forecasts

US Dollar Dips Again on Fed Rate Cut Talk, GBP/USD Targets 30-Month Best

17 Sep 2024 at 10 AM - Written by John Cameron

STORY LINK US Dollar Dips Again on Fed Rate Cut Talk, GBP/USD Targets 30-Month Best

US dollar exchange rates lost further ground on Monday with stronger chatter that the Federal Reserve will deliver a larger 50 basis-point (bp) rate cut this week. With strong expectations that the Bank of England will decide against a rate cut at its own meeting, the Pound to Dollar (GBP/USD) exchange rate has strengthened to...

CATEGORIES: Pound Dollar Forecasts

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