American Dollar Forecast Directory - Page #77
A round up of the latest American Dollar forecast news items from the Currency News desk.
Pound to US Dollar Forecast: "Underlying Bearish Tone of the USD"
31 May 2025 at 9 AM - Written by David Woodsmith
STORY LINK Pound to US Dollar Forecast: "Underlying Bearish Tone of the USD"
The US Dollar (currency:USD,$) surrendered gains over the past 24 hours amid the high degree of trade uncertainty and weaker-than-expected US data.
The Pound to Dollar exchange rate (GBP/USD) moved back above 1.3500 before settling around 1.3480 on Friday. There will be choppy month-end trading during the day, amplifying...
CATEGORIES: Pound Dollar Forecasts
Pound Sterling to Dollar Rate Rises on Legal Blow to Trump Tariffs
30 May 2025 at 8 AM - Written by David Woodsmith
STORY LINK Pound Sterling to Dollar Rate Rises on Legal Blow to Trump Tariffs
The Pound-to-US-Dollar exchange rate (GBP/USD) edged higher on Thursday, recovering some ground after slipping to a weekly low late Wednesday.
At the time of writing, GBP/USD was trading at approximately $1.3466, marking a gain of around 0.3% since the start of the session.
The US Dollar (USD) initially looked poised to rally on...
CATEGORIES: Pound Dollar Forecasts
Euro to Dollar Rate JUMPS as US Court Blocks Trump Tariffs
29 May 2025 at 11 AM - Written by Tim Boyer
STORY LINK Euro to Dollar Rate JUMPS as US Court Blocks Trump Tariffs
Overnight, the US Court of International Trade ruled that President Trump’s Liberation Day Tariffs implemented under the International Emergency Economic Powers Act (IEEPA) were unconstitutional.
The dollar surged in immediate response with the Euro to Dollar (EUR/USD) exchange rate sliding to 1.1210 before a recovery to 1.1275 as...
CATEGORIES: Euro Dollar Forecasts
Pound to Dollar Forecast: "Downward Bias Toward 1.3395" say UoB
29 May 2025 at 11 AM - Written by Frank Davies
STORY LINK Pound to Dollar Forecast: "Downward Bias Toward 1.3395" say UoB
The dollar secured net gains on Thursday after a US court ruled that the US Administration unilateral tariffs based on emergency legislation were not constitutional.
The bigger impact was a further decline in demand for safe-haven currencies with the yen and Swiss franc posting sharp losses. Asian currencies overall lost ground while...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Rate Steady as FOMC Minutes Loomed
29 May 2025 at 10 AM - Written by Tim Boyer
STORY LINK Pound to Dollar Rate Steady as FOMC Minutes Loomed
The Pound US Dollar (GBP/USD) exchange rate was largely directionless through Wednesday morning, with investors turning cautious ahead of the release of the Federal Reserve’s May meeting minutes.
At the time of writing, GBP/USD was trading at approximately $1.3503. Almost unchanged from Wednesday’s opening levels.
With the...
CATEGORIES: Pound Dollar Forecasts
Euro to US Dollar Forecast: EUR/USD Finds Support Near 1.1300
28 May 2025 at 11 PM - Written by David Woodsmith
STORY LINK Euro to US Dollar Forecast: EUR/USD Finds Support Near 1.1300
The Euro to Dollar exchange rate (EUR/USD) was unable to make headway on Tuesday and dipped to test the 1.1300 level before a recovery to 1.1335 on Wednesday.
US data was a net positive and Wall Street posted strong gains, but longer-term doubts remain a key element.
According to ING; “If US data and Trump continue to deliver...
CATEGORIES: Euro Dollar Forecasts
Pound to US Dollar Forecast: The "Trend for GBPUSD is Bullish"
28 May 2025 at 9 AM - Written by David Woodsmith
STORY LINK Pound to US Dollar Forecast: The "Trend for GBPUSD is Bullish"
Contrasting confidence surveys helped trigger a dollar rebound on Tuesday with European currencies also on the defensive, but investment banks are not convinced there will be a sustained recovery.
After hitting 3-year highs near 1.3600 late last week, the Pound to Dollar (GBP/USD) exchange rate retreated to below 1.3500 to trade around...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound Price Softens as Tariff Reprieve Boosts Dollar
27 May 2025 at 11 PM - Written by Ben Hughes
STORY LINK GBP/USD Forecast: Pound Price Softens as Tariff Reprieve Boosts Dollar
The Pound US Dollar (GBP/USD) exchange rate softened on Tuesday, as USD investors welcomed Donald Trump’s delay of tariffs on the EU.
At the time of writing, GBP/USD traded at $1.3535, down over 0.2% since the European session started.
The Pound (GBP) attempted to find its footing on Tuesday but struggled to make meaningful gains,...
CATEGORIES: Pound Dollar Forecasts
EUR/USD Forecast: Trade Relief Boosts Euro on Dollar Fears
27 May 2025 at 11 AM - Written by Frank Davies
STORY LINK EUR/USD Forecast: Trade Relief Boosts Euro on Dollar Fears
Just after the Asian open on Monday, President Trump executed another tariff-policy shift, reversing Friday’s threat to impose 50% tariffs on EU exports to the US from June 1st.
The Euro to Dollar (EUR/USD) exchange rate jumped to 4-week highs just below 1.1420 before settling just below 1.1400.
Scotiabank commented; “There is a...
CATEGORIES: Euro Dollar Forecasts