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American Dollar Forecast Directory - Page #134

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

Pound to Dollar Outlook: "Bullish Alignment of Trend Oscillators" in Charts say Scotiabank Techs

24 Nov 2023 at 9 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Outlook: "Bullish Alignment of Trend Oscillators" in Charts say Scotiabank Techs

The Pound to Dollar exchange rate (GBP/USD) posted fresh 10-week highs just above 1.2590 level just after the Friday Wall Street open and edged higher to just above 1.2600 after the latest US data. The dollar overall has lost support against European and commodity currencies during the day. A stronger reading for UK consumer...

CATEGORIES: Pound Dollar Forecasts

Euro to Dollar Outlook 2023: Range "Between 1.0780 and 1.0965" say UoB

24 Nov 2023 at 9 AM - Written by Tim Boyer

STORY LINK Euro to Dollar Outlook 2023: Range "Between 1.0780 and 1.0965" say UoB

With the US Thanksgiving Holiday undermining trading volumes, the Euro / Dollar exchange rate has settled around 1.0900 with the Euro unable to make headway. The relative outlook for US and Euro-Zone growth will remain a key driver for currency markets and EUR/USD. The latest Euro-Zone data eased fears over a deep recession, but did...

CATEGORIES: Euro Dollar Forecasts

Pound Sterling Fails to Hold Euro, Dollar Gains After Autumn Statement

22 Nov 2023 at 5 PM - Written by Ben Hughes

STORY LINK Pound Sterling Fails to Hold Euro, Dollar Gains After Autumn Statement

GBP/USD Exchange Rate Slides on Dollar Revival and UK Growth Forecast Disappointment The pound-to-dollar (GBP/USD) exchange rate peaked at 1.2550 ahead of the Autumn Statement, but failed to hold the gains. Weak UK growth forecasts undermined the Pound while stronger than expected US data helped trigger a further dollar recovery...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

Euro to Dollar Exchange Rate Outlook: "EUR/USD to rise to around 1.12" say Commerzbank

22 Nov 2023 at 8 AM - Written by James Fuller

STORY LINK Euro to Dollar Exchange Rate Outlook: "EUR/USD to rise to around 1.12" say Commerzbank

EUR/USD Exchange Rate Retreats from 3-Month Highs Ahead of Fed Minutes The US Dollar (USD) overall remained vulnerable during Tuesday, although it did manage to resist further heavy losses and secured a limited comeback on short covering ahead of the Fed minutes. The dollar index dipped to 11-week lows just below 102.80 before a...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Dollar Rate Today: 10-Week Highs Ahead of UK Business Tax Cuts

22 Nov 2023 at 8 AM - Written by Frank Davies

STORY LINK Pound to Dollar Rate Today: 10-Week Highs Ahead of UK Business Tax Cuts

The Pound US Dollar exchange rate (GBPUSD) was unable to hold a brief move above the 1.2500 level on Monday, but made further headway on Tuesday with 10-Week highs just above 1.2550 before a correction to 1.2530. Overall risk appetite remained firmer with European equity markets at the highest level for over 5 weeks. Firm risk...

CATEGORIES: Pound Dollar Forecasts

Pound to Canadian Dollar Weekly Forecast: Bank of England Pushes Back Against Interest Rate Cuts

22 Nov 2023 at 8 AM - Written by John Cameron

STORY LINK Pound to Canadian Dollar Weekly Forecast: Bank of England Pushes Back Against Interest Rate Cuts

Hawkish comments from Bank of England officials and expectations of tax cuts have boosted the Pound on Tuesday. The Canadian inflation data had a measured impact, but reinforced expectations that the Bank of Canada would leave rates on hold at the December meeting. The Pound to Canadian dollar (GBP/CAD) inflation rate secured a...

CATEGORIES: Pound Canadian Dollar Forecasts Pound Sterling Forecasts

Pound to Dollar Weekly Exchange Rate Forecast: "Can push up to 1.2590" say ING

21 Nov 2023 at 7 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Weekly Exchange Rate Forecast: "Can push up to 1.2590" say ING

GBP/USD Exchange Rate Looking for UK Tax Cuts to Break Tough Resistance around 1.2500 Chancellor Hunt will present the Autumn Statement on Wednesday with markets focussed on whether tax cuts can help the Pound to Dollar (GBP/USD) exchange rate break above 1.2500. GBP/USD hit highs at 1.2510 on Monday before a retreat to...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Week Ahead Forecast: Three-Month Best as USD Pressured

21 Nov 2023 at 6 AM - Written by Frank Davies

STORY LINK Euro to Dollar Week Ahead Forecast: Three-Month Best as USD Pressured

The Euro to Dollar (EUR/USD) exchange rate has posted a three-month best just below 1.0950 as the dollar continued to lose ground and the Euro also received a positive surprise on the Italian credit rating. Danske Bank expects EUR/USD to test the 1.1000 level on a short-term view. According to Danske; “In the near-term, we still...

CATEGORIES: Daily Currency Updates Euro Dollar Forecasts

Pound to Dollar Outlook: 1.32 in Twelve Months say BNP Paribas

19 Nov 2023 at 1 PM - Written by Frank Davies

STORY LINK Pound to Dollar Outlook: 1.32 in Twelve Months say BNP Paribas

BNP Paribas predicts the Pound to Dollar exchange rate could rise to 1.32 within a year, while Danske Bank sees it dropping to 1.17. US and UK inflation declines are leading to expectations of rate cuts from the Fed and BoE in 2024. Despite weak UK retail sales, markets anticipate three BoE rate cuts next year. The British Pound's...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Tech Outlook: "Evening Star on Intraday Chart" say Scotiabank

16 Nov 2023 at 9 PM - Written by Tim Boyer

STORY LINK Pound to Dollar Tech Outlook: "Evening Star on Intraday Chart" say Scotiabank

GBP/USD Exchange Rate Consolidates Below 2-month Highs, Markets More Confident over 2024 BoE Rate Cuts After the surge to 2-month highs at 1.2500 on Tuesday, the overall Pound to Dollar (GBP/USD) exchange rate theme has been one of consolidation. The UK inflation data triggered fresh expectations of interest rate cuts in 2024 which...

CATEGORIES: Pound Dollar Forecasts

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