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American Dollar Forecast Directory - Page #130

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

Euro to Dollar Forecast 2024: EUR/USD Retreats on January Blues

2 Jan 2024 at 8 PM - Written by John Cameron

STORY LINK Euro to Dollar Forecast 2024: EUR/USD Retreats on January Blues

The Euro to Dollar (EUR/USD) exchange rate posted a 5-month high just below 1.1140 on December 28th before a retreat to around 1.1040 on the final trading day of 2023. The Euro posted further sharp losses on Tuesday with EUR/USD dipping to just below the 1.1000 level. Seasonal elements will be potentially important with the Euro...

CATEGORIES: Euro Dollar Forecasts

Pound to Dollar Rate Forecast Towards 1.20 say HSBC Analysts

2 Jan 2024 at 8 PM - Written by Ben Hughes

STORY LINK Pound to Dollar Rate Forecast Towards 1.20 say HSBC Analysts

The Pound to Dollar (GBP/USD) exchange rate peaked at 4-month highs around 1.2830 on December 28th before a significant retreat to 1.2715 on Tuesday as the dollar regained some ground. Seasonal factors will be potentially significant with the dollar tending to weaken ahead of the year end and then regaining ground in January. UK...

CATEGORIES: Pound Dollar Forecasts

Goldman Sachs: Pound Sterling Tipped at 1.35 vs Dollar in 12 months

24 Dec 2023 at 9 AM - Written by Frank Davies

STORY LINK Goldman Sachs: Pound Sterling Tipped at 1.35 vs Dollar in 12 months

Goldman Sachs now expects that the Pound will strengthen to 1.35 against the US Dollar by the end of 2024. HSBC analysts, however, are forecasting that GBP/USD exchange rate will weaken to 1.18 by the third quarter of 2024. There was choppy GBP/USD trading during the week with net gains to above 1.2700 as the dollar lost ground....

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Outlook: 1.15 by 2025, 1.18 by 2026

24 Dec 2023 at 9 AM - Written by David Woodsmith

STORY LINK Euro to Dollar Outlook: 1.15 by 2025, 1.18 by 2026

Currency strategists at Rabobank expect the Euro to Dollar exchange rate will weaken to 1.05 on a 3-month view and will be held to highs of 1.12 over the next two years. BNP Paribas, however, expects EUR/USD will strengthen to 1.15 at the end of 2024 and 1.18 at the end of 2025. Euro (EUR) at Four-Month Best Against US Dollar (USD)...

CATEGORIES: Euro Dollar Forecasts

Pound Sterling Outlook 2024: 1.23 by Q1

23 Dec 2023 at 10 AM - Written by John Cameron

STORY LINK Pound Sterling Outlook 2024: 1.23 by Q1

According to the latest forecasters at Rabobank, the British Pound Sterling (GBP) could be tipped to "retreat" from today's levels against the US Dollar (USD) in the next three months, touching lows of 1.23 by end of March 2024. UK GDP Data Triggers More Aggressive BoE Rate Cut Calls, GBP/USD Exchange Rate Held Around...

CATEGORIES: Pound Dollar Forecasts

US Dollar Weakness Outweighs Pound Sterling Selling Interest

22 Dec 2023 at 9 AM - Written by Tim Boyer

STORY LINK US Dollar Weakness Outweighs Pound Sterling Selling Interest

The US Dollar and Pound both struggled on Thursday, primarily under the weight of interest rate expectations. Markets remained convinced that the Federal Reserve will cut interest rates relatively early in 2024 and this week’s UK inflation data has brought forward expectations of Bank of England rate cuts. As the Euro to Dollar...

CATEGORIES: Pound Dollar Forecasts

Australian Dollar Forecast 2024: Strengthen to 0.70 by 2025 say BNP Paribas, Rabobank

21 Dec 2023 at 6 PM - Written by Ben Hughes

STORY LINK Australian Dollar Forecast 2024: Strengthen to 0.70 by 2025 say BNP Paribas, Rabobank

Australian Dollar Exchange Rates Take Advantage of Easier Financial Conditions, GBP/AUD Hits 5-Month Lows Expectations of Federal Reserve rate cuts during 2024 have been crucial in boosting the Australian dollar, especially with expectations that the Reserve Bank of Australia will be slow in relaxing monetary policy. The Australian...

CATEGORIES: Australian Dollar Forecasts

Euro to Dollar Rate Still Eyeing the 1.10 level

21 Dec 2023 at 7 AM - Written by Tim Boyer

STORY LINK Euro to Dollar Rate Still Eyeing the 1.10 level

The US Dollar (USD) posted gains against the Euro (EUR) ahead of Wednesday's New York open and again after the stronger-than-expected US consumer confidence data. The US currency, however, failed to hold the gains as markets continue to back an early interest rate cut by the Federal Reserve. The Euro to Dollar (EUR/USD) exchange...

CATEGORIES: Daily Currency Updates Euro Dollar Forecasts

New Zealand Dollar Buoyant, Pound Slides to 6-Month Lows After UK Inflation data

21 Dec 2023 at 7 AM - Written by David Woodsmith

STORY LINK New Zealand Dollar Buoyant, Pound Slides to 6-Month Lows After UK Inflation data

The Pound to New Zealand Dollar exchange rate (GBP/NZD) was undermined by the latest UK inflation data on Wednesday. Although the New Zealand dollar retreated from intra-day highs, it remained in positive territory and posted 5-month highs against the US dollar. The GBP/NZD exchange rate posted sharp losses on the day and retreated...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Sterling to Dollar Outlook: "Bullish Scenario to Remain Intact as long as it Holds 1.26" say Scotiabank

21 Dec 2023 at 7 AM - Written by John Cameron

STORY LINK Pound Sterling to Dollar Outlook: "Bullish Scenario to Remain Intact as long as it Holds 1.26" say Scotiabank

GBP/USD Exchange Rate Slides to 1.2650 After UK Inflation Data, US and UK Rate-Cut Expectations Dominate Markets The Pound spiked lower following the UK inflation data with the Pound to Dollar (GBP/USD) exchange rate dipping to lows at 1.2650 from above 1.2700 before settling just above 1.2650 The dollar overall remained on the...

CATEGORIES: Pound Dollar Forecasts

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