Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #136

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

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

Euro to Dollar Outlook 2024: HSBC Now Predicts Above 1.10

20 Dec 2023 at 5 PM - Written by Frank Davies

STORY LINK Euro to Dollar Outlook 2024: HSBC Now Predicts Above 1.10

The Euro to Dollar exchange rate (EUR/USD) has been held below 1.10, but found support below 1.0900 on Monday and advanced to 1.0935 on Tuesday with relatively narrow ranges prevailing. Federal Reserve and ECB policy decisions, as well as market pricing, will be crucial factors. Goldman Sachs expects the Fed and ECB will both be...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Dollar Exchange Rate: 1.32 in Twelve Months

20 Dec 2023 at 10 AM - Written by Frank Davies

STORY LINK Pound to Dollar Exchange Rate: 1.32 in Twelve Months

The Pound Sterling (GBP) posted significant gains against the US Dollar (USD) during Tuesday, while the overall trading performance has been more mixed. Wednesday’s inflation data will be an important indicator of underlying sentiment. There have been no major data releases, but Bank of England rhetoric has remained hawkish and...

CATEGORIES: Pound Dollar Forecasts

Canadian Dollar Underpinned by Jump in Oil Prices

19 Dec 2023 at 9 AM - Written by David Woodsmith

STORY LINK Canadian Dollar Underpinned by Jump in Oil Prices

GBP/CAD Exchange Rate Dips to 5-Week Lows Higher oil prices helped underpin the Canadian dollar on Monday and markets remain confident over Federal Reserve rate cuts in the first half of 2024. The US Dollar to Canadian dollar (USD/CAD) exchange rate dipped to 4-month lows at 1.3350 before a recovery to 1.3400. The Pound to Canadian...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today