Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #137

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

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Aussie Retail Improves

30 Oct 2023 at 10 PM - Written by Tim Boyer

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Aussie Retail Improves

The Pound Australian Dollar (GBP/AUD) exchange rate weakened on Monday, following unexpectedly strong Australian retail data. At the time of writing, GBP/AUD traded at around AU$1.9062, falling by just over 0.3% from Monday’s morning rates. The Australian Dollar (AUD) strengthened over the course of Monday’s session, following...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to Dollar Rate Firms amid Cheery Market Mood

30 Oct 2023 at 10 PM - Written by Frank Davies

STORY LINK Pound to Dollar Rate Firms amid Cheery Market Mood

The Pound US Dollar (GBP/USD) exchange rate fluctuated on Monday, drifting higher overall, as an increased risk appetite undermined the safe-haven US Dollar (USD). At the time of writing GBP/USD was trading at $1.2145, up approximately 0.2% from Monday’s opening rate.   The Pound (GBP) edged higher during Monday’s...

CATEGORIES: Pound Dollar Forecasts

Euro to Dollar Exchange Rate Outlook: Sell at 1.0576, say HSBC Strategists

29 Oct 2023 at 9 PM - Written by James Fuller

STORY LINK Euro to Dollar Exchange Rate Outlook: Sell at 1.0576, say HSBC Strategists

Foreign exchange analysts at HSBC remain negative on the Euro to Dollar (EUR/USD) exchange rate and recommend selling it at 1.0576 with a target of 1.0220. Danske Bank remains negative on the Euro over the medium term with a 12-month forecast of 1.03, but sees scope for a rally to 1.0800 on a near-term view. According to HSBC;...

CATEGORIES: Euro Dollar Forecasts

Pound to Dollar Forecast: "1.1800-1.1850 area", say Wells Fargo

29 Oct 2023 at 8 AM - Written by John Cameron

STORY LINK Pound to Dollar Forecast: "1.1800-1.1850 area", say Wells Fargo

Foreign exchange strategists at Westpac consider that the Pound to Dollar exchange rate will be vulnerable to a slide to 1.1800-1.1850. Most investment banks expect a test of support near 1.2000, although Danske Bank sees scope for a near-term rebound to 1.24 before a slide to 1.16 on a 12-month view. Here are the latest...

CATEGORIES: Pound Dollar Forecasts

Foreign Exchange Rates: Middle East Fears to Dominate Pound vs Euro and Dollar

27 Oct 2023 at 11 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates: Middle East Fears to Dominate Pound vs Euro and Dollar

Position Adjustment and Middle East Fears Will Dominate Short-Term Pound and Euro Exchange Rate Moves Against the Dollar Position adjustment will be a key element during Friday on both geo-political and economic grounds. Overall risk conditions have remained vulnerable with further losses in equities on Thursday. There will be...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Minor Post-ECB Euro to Dollar Rate Bounce Fails to Convince Investment Banks

26 Oct 2023 at 5 PM - Written by John Cameron

STORY LINK Minor Post-ECB Euro to Dollar Rate Bounce Fails to Convince Investment Banks

The US Dollar (USD) has been unable to make further headway against the Euro (EUR) after the latest round of data releases and ECB policy decision. At the time of writing, the Euro to Dollar exchange rate (EURUSD) traded at 1.05303. The overall economic dynamics will, however, continue to underpin the Dollar. According to...

CATEGORIES: Euro Forecasts Euro Dollar Forecasts

Pound to Dollar Exchange Rate Forecast: Drop to 1.2000 Possible say UoB

26 Oct 2023 at 12 PM - Written by James Fuller

STORY LINK Pound to Dollar Exchange Rate Forecast: Drop to 1.2000 Possible say UoB

The Pound Sterling (GBP) remained under pressure against the US Dollar (USD) on Wednesday with domestic and global elements undermining support for the UK currency. The Pound to Dollar (GBP/USD) exchange rate retreated to 3-week lows near 1.2070 before stabilising. On a near-term view, markets will look to target the 1.20 level....

CATEGORIES: Pound Dollar Forecasts

Pound to CAD Dollar: BoC Hold Sees GBP/CAD Held Below Five-Week Best

26 Oct 2023 at 7 AM - Written by Ben Hughes

STORY LINK Pound to CAD Dollar: BoC Hold Sees GBP/CAD Held Below Five-Week Best

Canada Rates Held at 5.00%, BoC Still Fretting over inflation, GBP/CAD Exchange Rate Held Below 5-Week Highs The Bank of Canada held interest rates at 5.00% following the latest council meeting, in line with consensus forecasts. The US Dollar to Canadian Dollar (USD/CAD) exchange rate strengthened to just above 1.3800 before a...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar 2024 Outlook: 1.65 in Two Months say CIBC

25 Oct 2023 at 12 PM - Written by David Woodsmith

STORY LINK Pound to Canadian Dollar 2024 Outlook: 1.65 in Two Months say CIBC

GBP/CAD Exchange Rate Rally Stalls Ahead of Bank of Canada Policy Decision An easing of geo-political tensions and rebound in risk appetite during Monday helped boost the Pound in global markets and the Canadian dollar lost ground. The Pound to Canadian dollar (GBP/CAD) exchange rate strengthened to 5-week highs close to 1.6800 in...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Sterling Forecast: 1.16 vs US Dollar in Next 12 Months says This Bank

25 Oct 2023 at 6 AM - Written by Ben Hughes

STORY LINK Pound Sterling Forecast: 1.16 vs US Dollar in Next 12 Months says This Bank

The Pound to Dollar (GBP/USD) exchange rate posted 10-day highs close to 1.2290 in early Europe on Tuesday, but the constructive tone quickly turned ugly with a sharp reversal. Disappointing UK data undermined the Pound, especially with wider concerns over the European outlook. The US data reinforced expectations of US...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today