American Dollar Forecast Directory - Page #72
A round up of the latest American Dollar forecast news items from the Currency News desk.
Pound Rate Today: Short Covering Underpins GBP vs EUR, USD
20 Jun 2025 at 10 AM - Written by Ben Hughes
STORY LINK Pound Rate Today: Short Covering Underpins GBP vs EUR, USD
The British Pound (GBP) dipped against the Euro (EUR) and US Dollar (USD) in immediate response to the Bank of England (BoE) interest rate decision, but found solid support on dips with an element of short covering after the currency failed to extend losses.
Global markets were subdued amid a US market holiday, but conditions were...
CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts
Pound to Dollar Rate "Neutral-Bullish" Following BoE Rate Hold
20 Jun 2025 at 10 AM - Written by David Woodsmith
STORY LINK Pound to Dollar Rate "Neutral-Bullish" Following BoE Rate Hold
The Pound US Dollar exchange rate was trapped in a narrow range on Thursday as the Bank of England (BoE) delivered its latest interest rate decision.
At the time of writing, GBP/USD was trading at approximately $1.3433, virtually unchanged from the start of Thursday’s session.
The Pound (GBP) rallied against the Australian Dollar...
CATEGORIES: Pound Dollar Forecasts
Euro to Dollar Price Forecast: Steady Around 1.15, Momentum Holding
20 Jun 2025 at 10 AM - Written by Tim Boyer
STORY LINK Euro to Dollar Price Forecast: Steady Around 1.15, Momentum Holding
The US Dollar has posted gains over the 24 hours with the Euro to Dollar exchange rate (EUR/USD) dipping to just below 1.1450 before settling around 1.1475.
The Federal Reserve decision and capital account data did not undermine the dollar, and the US currency gained net support from geopolitical concerns.
Fears over US involvement...
CATEGORIES: Euro Dollar Forecasts
Pound to Dollar Forecast: Sustained USD Buying Still Lacking
19 Jun 2025 at 9 AM - Written by Ben Hughes
STORY LINK Pound to Dollar Forecast: Sustained USD Buying Still Lacking
The Pound to Dollar exchange rate (GBP/USD) dipped sharply towards Tuesday’s European close as risk appetite deteriorated amid speculation that the US would decide to intervene in the Iran/Israel conflict by bombing Iran’s underground nuclear facilities.
Significantly, the dollar secured defensive support as oil prices moved higher...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound Price Finds Support as UK Inflation Remains Elevated
19 Jun 2025 at 7 AM - Written by David Woodsmith
STORY LINK GBP/USD Forecast: Pound Price Finds Support as UK Inflation Remains Elevated
The Pound-to-US Dollar exchange rate edged higher on Wednesday, buoyed by sticky UK inflation and cautious market reaction to growing Middle East tensions.
At the time of writing, GBP/USD was trading at $1.3455, up 0.2% on the day.
The Pound (GBP) managed to recoup some ground on Wednesday, following a modest uptick prompted by the...
CATEGORIES: Pound Dollar Forecasts
Pound-to-Dollar Forecast: Sterling Consolidates Below 3-Year Best Conversion
18 Jun 2025 at 9 AM - Written by Frank Davies
STORY LINK Pound-to-Dollar Forecast: Sterling Consolidates Below 3-Year Best Conversion
The Pound to Dollar exchange rate (GBP/USD) was unable to secure fresh 40-month highs on Monday and failed to regain the 1.3600 level on Tuesday with consolidation just above 1.3550 as relatively tight ranges prevailed.
According to Scotiabank; “GBPUSD’s trend remains bullish, given its recent push to fresh multi-year highs above...
CATEGORIES: Pound Dollar Forecasts
Euro to Dollar Tech Forecast: 1.1480 Key Level to Watch say UoB
17 Jun 2025 at 10 PM - Written by David Woodsmith
STORY LINK Euro to Dollar Tech Forecast: 1.1480 Key Level to Watch say UoB
The Euro to Dollar exchange rate (EUR/USD) has been unable to make a fresh challenge on 1.1600 and consolidated around 1.1560 as tight ranges prevailed.
ING commented; “with the FOMC announcement looming tomorrow, there could be more cautiousness in chasing moves in either direction in USD crosses.”
According to UoB; “upward...
CATEGORIES: Euro Dollar Forecasts
GBP/USD Forecast: Pound Price Dips vs Dollar despite US Retail Sales
17 Jun 2025 at 10 PM - Written by Tim Boyer
STORY LINK GBP/USD Forecast: Pound Price Dips vs Dollar despite US Retail Sales
The Pound US Dollar exchange rate was dented on Tuesday even as the US released a worse-than-expected US retail sales index.
At the time of writing, GBP/USD was trading at approximately $1.3451, down roughly 0.2% from the start of Tuesday’s session.
The US Dollar (USD) held its ground against most major peers on Tuesday despite...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar FX Forecast: "No Major Resistance Levels Ahead of 1.3750"
17 Jun 2025 at 9 AM - Written by Frank Davies
STORY LINK Pound to Dollar FX Forecast: "No Major Resistance Levels Ahead of 1.3750"
The Pound to Dollar exchange rate (GBP/USD) was unable to break above the 1.3600 level and settled just below this level in quiet, but nervous trading conditions.
According to Scotiabank, “The RSI is bullish but well short of overbought levels, and there appear to be no major resistance levels ahead of 1.3750. We look to near-term...
CATEGORIES: Pound Dollar Forecasts