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American Dollar Forecast Directory - Page #140

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

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

Euro to Dollar Outlook: "Advance to 1.1500 in 2024 Very Feasible" say MUFG

16 Nov 2023 at 12 PM - Written by James Fuller

STORY LINK Euro to Dollar Outlook: "Advance to 1.1500 in 2024 Very Feasible" say MUFG

EUR/USD Exchange Rates Retreat from 2-Month Highs, US Retail Sales Data Disappoints Dollar Bears After a slide on Tuesday, the dollar has recovered some ground with some second thoughts whether the Euphoria after the US data was justified. The US data provided no further ammunition to dollar bears and the Euro to Dollar (EUR/USD)...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound Sterling loses out to Australian and New Zealand Dollars as Global Risk Appetite Surges

16 Nov 2023 at 8 AM - Written by Toni Johnson

STORY LINK Pound Sterling loses out to Australian and New Zealand Dollars as Global Risk Appetite Surges

The Australian and New Zealand dollars both benefitted from a surge in risk appetite following the benign US inflation data and the Australian dollar also drew support from the latest wages data. Chinese data releases also triggered an element of optimism surrounding the economic outlook which also underpinned the Australian and New...

CATEGORIES: Pound Australian Dollar Forecasts Pound New Zealand Dollar Forecasts Pound Sterling Forecasts

Euro to Dollar Forecast: EUR "Could Gain 10%" vs USD in Two Years say Citi

15 Nov 2023 at 7 AM - Written by Ben Hughes

STORY LINK Euro to Dollar Forecast: EUR "Could Gain 10%" vs USD in Two Years say Citi

Eurozone data on Tuesday was slightly stronger than expected which provided some Euro protection, although the latest US inflation data had a much more substantial impact. The latest US inflation data was weaker than expected which triggered a slide in bond yields and the dollar posted sharp losses. The Euro to Dollar (EUR/USD)...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

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