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American Dollar Forecast Directory - Page #143

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

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

Pound to Dollar Rate: Goldman Sachs Stay Negative on Sterling Outlook

24 Oct 2023 at 7 AM - Written by John Cameron

STORY LINK Pound to Dollar Rate: Goldman Sachs Stay Negative on Sterling Outlook

Foreign exchange analysts at Goldman Sachs maintain a negative stance on the Pound to Dollar (GBP/USD) exchange rate due to relative monetary policies and economic prospects. At the time of writing, the Pound to Dollar exchange rate (GBPUSD) traded at 1.2273. The bank considers that there will need to be a reversal in current trends...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate: Slide in risk Appetite saps Sterling Support

22 Oct 2023 at 10 PM - Written by Tim Boyer

STORY LINK Pound to Dollar Rate: Slide in risk Appetite saps Sterling Support

Foreign exchange strategists at Commerzbank expect the Pound to Dollar (GBP/USD) exchange rate to edge lower to 1.20 at the end of 2023 with only a tentative recovery to 1.22 at the end of next year. ING sees scope for a stronger recovery to 1.29 at the end of 2024 amid dollar losses. Risk appetite has deteriorated further during...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate: Rebounds from 2-Week Lows

20 Oct 2023 at 6 AM - Written by Frank Davies

STORY LINK Pound to Dollar Rate: Rebounds from 2-Week Lows

The Pound to Dollar (GBP/USD) exchange rate remained under pressure in early Europe on Thursday and dipped sharply to 2-week lows below the 1.2100 level. Markets drew some limited reassurance from Fed Chair Powell's comments later in the day and GBP/USD recovered to 1.2180. Overall risk conditions and Middle East fears suggest that...

CATEGORIES: Pound Dollar Forecasts

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