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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

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

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

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

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

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

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

Euro to Dollar Exchange Rate Forecast: 1.02 in Three Months, say Rabobank

31 Oct 2023 at 4 PM - Written by James Fuller

The Euro (EUR) exchange rates jumped higher on Monday, but faded sharply again on Tuesday and, according to Rabobank; “In our view, fundamental factors suggest that the EUR’s tenacity will be brief. We maintain a 3-month forecast of EUR/USD1.02.” According to foreign currency analysts at Rabobank, the US Dollar’s (USD)...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

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

30 Oct 2023 at 10 PM - Written by Tim Boyer

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

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

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