American Dollar Forecast Directory - Page #76
A round up of the latest American Dollar forecast news items from the Currency News desk.
Pound to Dollar Forecast: GBP's Momentum is "Firmly in Bullish Territory"
4 Jun 2025 at 4 PM - Written by Frank Davies
STORY LINK Pound to Dollar Forecast: GBP's Momentum is "Firmly in Bullish Territory"
The Pound-to-Dollar exchange rate (GBP/USD) found support close to 1.3500 on Wednesday and was initially held in tight ranges.
Weaker-than-expected US data, however, triggered renewed dollar losses with GBP/USD surging to just above 1.3550. Traders will be targeting 39-month highs close to 1.3600.
Scotiabank is still bullish on the...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound Sterling has "Ample Room for Further Gains"
4 Jun 2025 at 9 AM - Written by Tim Boyer
STORY LINK GBP/USD Forecast: Pound Sterling has "Ample Room for Further Gains"
The Pound to Dollar exchange rate (GBP/USD) was dented on Tuesday as the US released its latest Job Openings and Labor Turnover survey (JOLTs).
The US Dollar (USD) climbed sharply on Tuesday, buoyed by a combination of global risk aversion and stronger-than-expected domestic data.
In early trade, the ‘Greenback’ gained ground...
CATEGORIES: Pound Dollar Forecasts
Euro to Dollar Tech Forecast: "Rally will Lose Steam Close to 1.15"
3 Jun 2025 at 4 PM - Written by Ben Hughes
STORY LINK Euro to Dollar Tech Forecast: "Rally will Lose Steam Close to 1.15"
The Euro to Dollar exchange rate (EUR/USD) was again unable to hold above 1.1450 on Tuesday and dipped back below the 1.1400 level.
The latest US data did not provide the catalyst for further dollar selling, but US confidence remains very fragile.
ING commented; “we don’t see EUR/USD pushing into the 1.15-1.20 range unless we...
CATEGORIES: Euro Dollar Forecasts
Pound to Dollar Tech Forecast: 1.3600 "in Next Few Days" say Strategists
3 Jun 2025 at 4 PM - Written by Frank Davies
STORY LINK Pound to Dollar Tech Forecast: 1.3600 "in Next Few Days" say Strategists
GBP/USD slips back to 1.3500 areaPound bull trend intact but 1.3600 keyBailey flags global uncertainty, cautious on ratesUS jobs data supports US Dollar rebound risk
The Pound to Dollar exchange rate (GBP/USD) again failed to hold above 1.3550 in Asia on Tuesday and retreated to the 1.3500 area and traded close to this level after the...
CATEGORIES: Pound Dollar Forecasts
Proposed USA Tax on International Money Transfers Sparks Global Concern
3 Jun 2025 at 1 PM - Written by Frank Davies
STORY LINK Proposed USA Tax on International Money Transfers Sparks Global Concern
Triple Threat from US “Revenge Tax”, Risk of Further Dollar Selling
The House of Representatives tax bill included a proposed US section 899 legislation which would increase taxes on remittances out of the US and impose additional taxes on US investments by non-US citizens.
A tax on money transfers will have an important...
CATEGORIES: American Dollar Forecasts
Euro to Dollar Forecast: EUR/USD Aiming for 1.15+
2 Jun 2025 at 11 PM - Written by Frank Davies
STORY LINK Euro to Dollar Forecast: EUR/USD Aiming for 1.15+
The Euro has gained support from underlying capital inflows with the Euro to Dollar exchange rate (EUR/USD) jumping to 5-week highs near 1.1440 before settling around 1.1410.
The U.S. dollar has again been undermined by trade fears following President Trump’s move to increase tariffs on steel and aluminium, while underlying...
CATEGORIES: Euro Dollar Forecasts
Pound-to-Dollar Rate Jumps as Tariff Fears Dent USD
2 Jun 2025 at 1 PM - Written by David Woodsmith
STORY LINK Pound-to-Dollar Rate Jumps as Tariff Fears Dent USD
Pound Sterling Rallies Against the U.S. Dollar as Trade War Fears Intensify
The Pound to Dollar exchange rate (GBP/USD) posted strong gains on Monday as simmering trade tensions fuelled fears of stagflation in the US.
At the time of writing, GBP/USD was trading at $1.3548, up more than 0.7% since the start of the session.
The US...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Dollar on the Ropes, Pound to Challenge 39-Month Best
2 Jun 2025 at 10 AM - Written by David Woodsmith
STORY LINK GBP/USD Forecast: Dollar on the Ropes, Pound to Challenge 39-Month Best
Unease over tariffs, the US economic outlook and underlying unease over fiscal policy sapped dollar support on Monday.
US equity future also lost ground which hampered the US currency.
After dipping to 1.3450 on Friday, the Pound to Dollar (GBP/USD) exchange rate surged to around 1.3550 on Monday and near 39-month highs just below...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Week Ahead Forecast: 1.36 Next
1 Jun 2025 at 9 PM - Written by Tim Boyer
STORY LINK Pound to Dollar Week Ahead Forecast: 1.36 Next
Morgan Stanley forecasts that the Pound to Dollar exchange rate (GBP/USD) will strengthen to 1.45 by the second quarter of 2026 and, in a bullish scenario, these gains could extend to 1.51.
Credit Agricole, Nomura and Wells Fargo expects that GBP/USD will be held below 1.40 due to a dollar revival or underlying Pound...
CATEGORIES: Currency Predictions Pound Dollar Forecasts