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American Dollar Forecast Directory - Page #144

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

Pound to Dollar Forecast: "Push Above 1.2225 Resistance Needed to lift GBP" say Scotiabank

18 Oct 2023 at 10 PM - Written by John Cameron

Geo-Political Fears Undermine the Pound Exchange Rates The latest UK inflation data maintained an important element of uncertainty surrounding Bank of England policies. With no decisive UK lead, Sterling markets overall have been focussed on Middle East fears and safe-haven dollar demand. The Pound to Dollar (GBP/USD) exchange...

CATEGORIES: Pound Dollar Forecasts

Euro to Dollar Forecast: 1.02 in Three Months say Rabobank

17 Oct 2023 at 9 PM - Written by John Cameron

US Economy Continues to Out-Perform, Rabobank Maintains 3-Month EUR/USD Exchange Rate Forecast of 1.02 A key feature for bond and currency markets is that the US economy continues to outperform Europe and this is continuing to benefit the dollar. According to Rabobank; “We maintain a forecast of EUR/USD 1.02 on a 3-month...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Sterling Pushed Lower, Pound to Dollar Rate Trades Below 1.2150

17 Oct 2023 at 9 PM - Written by Toni Johnson

Transatlantic Economic Data Releases Push the Pound Lower, GBP/USD Exchange Rate Trades Below 1.2150 The combination of slightly weaker-than-expected UK wages data and a firm US retail sales release pushed the Pound to Dollar (GBP/USD) exchange rate below the 1.2150 level and a weak UK inflation release could drive further losses towards...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

Pound Sterling Slides vs Euro, Dollar as Wages Data Reinforces Peak Bank Rates

17 Oct 2023 at 12 PM - Written by James Fuller

Pound Sterling (GBP) was able to make headway against the Euro (EUR) and Dollar (USD) on Monday with significant support from gains in UK and global equities. With a slightly softer US currency, the Pound to Dollar (GBP/USD) exchange rate secured net gains to around 1.2215. The latest data on UK wages was slightly weaker than expected...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound to New Zealand Dollar Forecast: GBP/NZD Slides from 3-Week Best

16 Oct 2023 at 9 PM - Written by Frank Davies

The Pound to New Zealand Dollar exchange rate (GBP/NZD) hit 3-week highs near 2.0660 on Friday amid risk aversion. The New Zealand election result and hopes for Chinese support measures triggered a reversal on Monday with GBP/NZD sliding to test the 2.0500 area. Crucial GBP/NZD support does not emerge until the 2.0275-2.0300 area. In...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound to Dollar Rate News: Recovery to 1.221 but Sterling Traders on Edge

16 Oct 2023 at 9 PM - Written by David Woodsmith

The Pound to Dollar (GBP/USD) exchange rate came under further pressure on Friday under the influence of a stronger dollar and weaker risk appetite. With position adjustment ahead of the weekend, GBP/USD dipped to lows at 1.2125 before stabilising. The Pound to Euro (GBP/EUR) exchange rate retreated to lows at 1.1540 and after a brief...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

Pound to Dollar Forecast: 1.22 in 12 months say Commerzbank

15 Oct 2023 at 4 PM - Written by Ben Hughes

Currency strategists at ING forecast that the Pound to Dollar exchange rate will strengthen to 1.28 on a 12-month view, primarily under the influence of a weaker dollar. The bank, however, has dropped its previous forecast of a move above 1.30 while Commerzbank expects GBP/USD will make no real progress and forecasts a rate of 1.22 in 12...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Slides from Best in Three Weeks

12 Oct 2023 at 3 PM - Written by John Cameron

The Pound to Dollar (GBP/USD) exchange rate briefly posted 3-week highs just above 1.2330 on Thursday, but failed to hold the gains. The combination of subdued UK data, mixed Bank of England rhetoric and slightly stronger-than-expected US inflation data triggered a significant reversal with GBP/USD sliding to 1.2250. US consumer prices...

CATEGORIES: Pound Dollar Forecasts

GBP/AUD News: Pound Australian Dollar Exchange Rate Wavers following Strong Australian Jobs Report

15 Jun 2023 at 12 PM - Written by John Cameron

The Pound Australian Dollar (GBP/AUD) exchange rate attempted to recover on Thursday morning after stumbling overnight following strong Australian jobs data. At the time of writing, GBP/AUD was trading at around AU$1.8601, up over 0.3% from an earlier low of AU$1.8534 but still down on the previous day’s levels. Australian Dollar...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Firmed as UK Economy Returns to Growth

14 Jun 2023 at 11 AM - Written by John Cameron

Pound (GBP) Buoyed by Welcome Return to Growth The Pound (GBP) saw modest success against many of its rivals on Wednesday morning in the wake of market expectations of a 0.2% increase. Coming after a 0.3% contraction in March, the UK economy rebounded to boost investors’ spirits. The biggest contributor to the increase was marked...

CATEGORIES: Pound Dollar Forecasts