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American Dollar Forecast Directory - Page #138

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

Pound to Dollar: Forecasts see "Downside risks for GBP/USD," say ING

9 Dec 2023 at 4 PM - Written by Tim Boyer

STORY LINK Pound to Dollar: Forecasts see "Downside risks for GBP/USD," say ING

Markets Consolidate Ahead of US Jobs Data, GBP/USD Exchange Rate at Risk of Testing 1.25 The Pound to Dollar (GBP/USD) exchange rate has been held in relatively narrow ranges during the past 24 hours with only a brief move above the 1.2600 level while there was support on approach to 1.2550. The pair consolidated around 1.2580 on...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar 2024 Outlook: ECB to Slash Rates First, Then FED, BoE

7 Dec 2023 at 9 AM - Written by John Cameron

STORY LINK Pound to Dollar 2024 Outlook: ECB to Slash Rates First, Then FED, BoE

US Dollar Resilient Despite Weak US Jobs Growth, GBP/USD Exchange Rate Held Close to 10-Day Lows The latest US data continued to point to a slowdown in the labour market and bond yields declined. The Pound, however, was unable to make headway, especially with weak UK data and Bank of England concerns over UK credit dynamics. The...

CATEGORIES: Currency Predictions Pound Dollar Forecasts Pound Sterling Forecasts

Euro to Dollar Forecast: 1.04 in Next 12 Months say Danske

7 Dec 2023 at 9 AM - Written by Tim Boyer

STORY LINK Euro to Dollar Forecast: 1.04 in Next 12 Months say Danske

Foreign exchange strategists at Danske Bank expect that the overall global profile will undermine the Euro while US out-performance is likely to continue. In this environment, the Euro to Dollar (EUR/USD) exchange rate is likely to grind lower next year. It is, however, wary over the potential for near-term EUR/USD gains and...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Dollar Forecast From Here: "GBP Likely to Trade in Range of 1.2505/1.2725" say UoB

6 Dec 2023 at 2 PM - Written by Tim Boyer

STORY LINK Pound to Dollar Forecast From Here: "GBP Likely to Trade in Range of 1.2505/1.2725" say UoB

GBP/USD Exchange Rate Focus Remains on 1.2600 Support After Mixed US Data The US data failed to provide a decisive market trigger on Tuesday, although the bias remained for a tentative dollar recovery after a heavy sell-off during November. The Pound to Dollar (GBP/USD) exchange rate again bounced from 1.2600 support, but struggled...

CATEGORIES: Pound Dollar Forecasts

Pound to Australian Dollar Rate Posts 2-Week Highs above 1.92 on RBA Hold

6 Dec 2023 at 2 PM - Written by David Woodsmith

STORY LINK Pound to Australian Dollar Rate Posts 2-Week Highs above 1.92 on RBA Hold

Australian Dollar Dips as Reserve Bank of Australia Holds Rates at 4.35%, GBP/AUD Posts 2-Week Highs above 1.92 The Australian dollar dipped after the Reserve Bank of Australia (RBA) decision with the Australian dollar to US dollar (AUD/USD) exchange rate dipping to below 0.6600 and trading around 0.6580. The Pound to Australian dollar...

CATEGORIES: Pound Australian Dollar Forecasts

Euro-Dollar Slides to Near 1.08 on ECB Rate-Cut Speculation and Gold Reversal

5 Dec 2023 at 8 AM - Written by Ben Hughes

STORY LINK Euro-Dollar Slides to Near 1.08 on ECB Rate-Cut Speculation and Gold Reversal

Markets remain convinced that US and ECB interest rates will not be increased further, especially with evidence of weakening inflation pressures. Markets are also confident that both central banks will cut interest rates next year. After jumping in Asia, gold posted sharp losses during the day which underpinned the dollar and the...

CATEGORIES: Daily Currency Updates Euro Dollar Forecasts

Pound to Dollar Forecast: 1.31 by 2025 say BofA

3 Dec 2023 at 7 PM - Written by James Fuller

STORY LINK Pound to Dollar Forecast: 1.31 by 2025 say BofA

Bank of America expects that the Pound to Dollar (GBP/USD) exchange rate will strengthen to 1.31 at the end of 2024. Goldman Sachs, however, expects that GBP/USD will weaken to 1.18 early next year and trade slightly below current levels at 1.25 in 12 months. Markets are now pricing in more aggressive Fed rate cuts during 2024 while...

CATEGORIES: Pound Dollar Forecasts

Euro to Dollar Q1 2024 Forecast: Parity Call say Morgan Stanley

3 Dec 2023 at 7 PM - Written by Ben Hughes

STORY LINK Euro to Dollar Q1 2024 Forecast: Parity Call say Morgan Stanley

Foreign currency strategists at Morgan Stanley expect that the Euro to Dollar (EUR/USD) exchange rate will slide to parity by the end of the first quarter of 2024. Wells Fargo expects that the dollar will lose ground in 2024 with the Euro to Dollar (EUR/USD) exchange rate at 1.11 at the end of 2024. There was choppy dollar and Euro...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

The Pound to Dollar: Forecasts see Possible Gains to 1.2745, say UoB

1 Dec 2023 at 7 AM - Written by John Cameron

STORY LINK The Pound to Dollar: Forecasts see Possible Gains to 1.2745, say UoB

UK and Global Inflation Pressures in Focus, GBP/USD Exchange Rate Finds Support at 1.2600 European currencies have been generally on the back foot on Thursday as the dollar has secured a net recovery in global markets, but with some Pound resilience in evidence amid fears over sticky UK inflation. The Pound to Dollar (GBP/USD)...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro-Dollar Retreats, Where Next? December EUR/USD Outlook

1 Dec 2023 at 7 AM - Written by Ben Hughes

STORY LINK Euro-Dollar Retreats, Where Next? December EUR/USD Outlook

The Euro to Dollar (EUR/USD) exchange rate came under significant pressure after Thursday’s European open as further evidence of a sharp decline in Euro-Zone inflation reinforced expectations of an early cut in ECB interest rates. EUR/USD retreated to lows just below 1.0910 ahead of the New York open before stabilising. Month-end...

CATEGORIES: Euro Dollar Forecasts

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