American Dollar Forecast Directory - Page #142
A round up of the latest American Dollar forecast news items from the Currency News desk.
US Dollar to Swedish Krona Rate: Sell USD/SEK at 10.98 target of 10.65, say MUFG
6 Nov 2023 at 3 PM - Written by James Fuller
STORY LINK US Dollar to Swedish Krona Rate: Sell USD/SEK at 10.98 target of 10.65, say MUFG
FX analysts at MUFG sees scope for at least limited krone relief, especially with the central bank continuing operations to sell foreign currencies to hedge foreign exchange reserves.
The bank is also more cautious over the dollar outlook.
According to the bank; “With the USD in the process of peaking out alongside US yields,...
CATEGORIES: American Dollar Forecasts
Euro to Dollar Forecast: Updated November 2023 FX EUR Predictions
5 Nov 2023 at 10 AM - Written by David Woodsmith
STORY LINK Euro to Dollar Forecast: Updated November 2023 FX EUR Predictions
Currency analysts at Rabobank expect the rally seen in the Euro (EUR) against the US Dollar (USD) to fade quickly from here, and forecast a retreat to 1.02 on a 3-month view.
MUFG expects the Euro US Dollar exchange rate to retreat to at least 1.05 by the end of 2023 before a strong rebound to 1.12 by the second quarter of 2024....
CATEGORIES: Euro Dollar Forecasts
Pound to Dollar Exchange Rate Hits Six-Week Best After US Jobs Data
4 Nov 2023 at 8 AM - Written by Toni Johnson
STORY LINK Pound to Dollar Exchange Rate Hits Six-Week Best After US Jobs Data
Friday's trade on foreign exchange markets saw the best Pound to Dollar exchange rate for UK buyers in six weeks.
Weaker-then-expected US jobs data triggered a slide in US yields, US Dollar (USD) losses and strong gains for the Pound Sterling (GBP).
There was also a further rally in risk appetite with strong gains in global...
CATEGORIES: Pound Dollar Forecasts
Euro to Dollar Rate Forecast: 1.10 by Q1 2024, say MUFG
3 Nov 2023 at 7 AM - Written by Ben Hughes
STORY LINK Euro to Dollar Rate Forecast: 1.10 by Q1 2024, say MUFG
EUR/USD Exchange Rate Rally May be Premature Given US Data Flow, but 1.10 Predicted by Early 2024
MUFG forecasts that the Euro to Dollar (EUR/USD) exchange rate will weaken to 1.0450 at the end of 2023 as the US data remains firm.
Nevertheless, the bank considers that Fed policy, the US economy and the dollar are all close to...
CATEGORIES: Euro Dollar Forecasts
Euro to Dollar Rate: 2024-2025 Forecast at 1.15 say BofA
1 Nov 2023 at 12 PM - Written by John Cameron
STORY LINK Euro to Dollar Rate: 2024-2025 Forecast at 1.15 say BofA
Foreign exchange analysts at Bank of America (BoA) are sticking with their end-2024/2025 Euro-Dollar forecast of 1.15 as the US economy deteriorates.
At the time of writing, the Euro to US Dollar exchange rate traded at 1.0544 .
It has also maintained its end-2023 forecast of 1.05, but looks at the potential risks which could...
CATEGORIES: Currency Predictions Euro Dollar Forecasts
Pound US Dollar Exchange Rate Firms
1 Nov 2023 at 6 AM - Written by John Cameron
STORY LINK Pound US Dollar Exchange Rate Firms
The Pound US Dollar (GBP/USD) exchange rate was choppy on Tuesday, ticking up overall, as an increased appetite for risk dented the safe-haven US Dollar (USD).
At the time of writing the GBP/USD exchange rate was trading at $1.2193, up approximately 0.2% from Monday’s opening rate.
The Pound (GBP) gained some ground on...
CATEGORIES: Pound 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