American Dollar Forecast Directory - Page #80
A round up of the latest American Dollar forecast news items from the Currency News desk.
Euro to Dollar Tech Forecast: Buy EUR/USD at 1.1180, Target 1.16
17 May 2025 at 9 PM - Written by Frank Davies
STORY LINK Euro to Dollar Tech Forecast: Buy EUR/USD at 1.1180, Target 1.16
After hitting 3-year highs above 1.1500, the Euro to Dollar exchange rate (EUR/USD) has consolidated close to 1.12 after finding fresh buying interest above 1.1000.
UBS sees scope for tentative dollar support in the short term, but is looking to sell rallies.
In this context, it recommends buying EUR/USD on dips to 1.1180 with a...
CATEGORIES: Euro Dollar Forecasts
Walmart Price Hikes Signal Inflation Risks Despite Softer US Data
16 May 2025 at 10 PM - Written by Ben Hughes
STORY LINK Walmart Price Hikes Signal Inflation Risks Despite Softer US Data
US inflation softer than forecastWalmart warns of price hikesFed cautious on rate cutsMarkets doubt early easingDollar struggles on dovish data
Inflation data has been surprisingly soft in the US. Thursday’s PPI reading came in at –0.5% when a 0.2% increase was expected.
Tariff price pressures have not shown up, yet. However,...
CATEGORIES: American Dollar Forecasts
Pound to Dollar Forecast: Buy the Pullbacks "Below 1.32" say UBS
16 May 2025 at 10 PM - Written by Frank Davies
STORY LINK Pound to Dollar Forecast: Buy the Pullbacks "Below 1.32" say UBS
The Pound to Dollar exchange rate (GBP/USD) failed to hold above 1.3300 on Friday and settled just below this level.
The dollar was resilient despite another soft US data release and increased stagflation fears.
UK data next week will be important for Pound direction.
According to UBS, there is the risk of near-term weakness;...
CATEGORIES: Pound Dollar Forecasts
Euro to Dollar FX Forecast: EUR Range "Between 1.1100 and 1.1290"
16 May 2025 at 11 AM - Written by Frank Davies
STORY LINK Euro to Dollar FX Forecast: EUR Range "Between 1.1100 and 1.1290"
The Euro to Dollar exchange rate (EUR/USD) has consolidated close to 1.12 as markets take a breather into the weekend, but there are still major underlying issues amid speculation over a shift in huge global capital flows.
ING commented; “We still see 1.120 as a good short-term anchor for EUR/USD, although the bias seems to be for...
CATEGORIES: Euro Dollar Forecasts
Pound-to-Dollar Forecast: GBP Advances vs USD on Slowing US Retail Sales
15 May 2025 at 5 PM - Written by Frank Davies
STORY LINK Pound-to-Dollar Forecast: GBP Advances vs USD on Slowing US Retail Sales
The Pound US Dollar exchange rate gained ground on Thursday as the US released its latest retail sales index and the UK released its latest GDP reading.
At the time of writing, GBP/USD was trading at approximately $1.3300, up roughly 0.3% from the start of Thursday’s session.
The US Dollar (USD) weakened across the board on...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound GDP Boost Fades, Dollar Eyes Bonds
15 May 2025 at 2 PM - Written by Tim Boyer
STORY LINK GBP/USD Forecast: Pound GDP Boost Fades, Dollar Eyes Bonds
The Pound Sterling initially gained against the Euro and U.S. Dollar following the latest GDP data, but GBP was unable to make further headway with concerns that the data overstated the underlying performance.
Equity markets were also weaker which limited potential support, but the US Dollar remained fragile.
The Pound to Dollar...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Tech Forecast: GBP/USD Resistance at 1.3450 say Analysts
15 May 2025 at 7 AM - Written by David Woodsmith
STORY LINK Pound to Dollar Tech Forecast: GBP/USD Resistance at 1.3450 say Analysts
The dollar lost further ground on Wednesday and the Pound to Dollar exchange rate (GBP/USD) strengthened to 1.3360 before settling around 1.3320.
ING commented; “May has been a good month for the dollar as US and Chinese policymakers have chosen to de-escalate – although we doubt the dollar rally has legs.”
Key GBP/USD...
CATEGORIES: Pound Dollar Forecasts
Euro to Dollar Forecast: EUR Rebounds, Consolidation ~1.120 Ahead
14 May 2025 at 11 AM - Written by Frank Davies
STORY LINK Euro to Dollar Forecast: EUR Rebounds, Consolidation ~1.120 Ahead
The Euro to Dollar exchange rate (EUR/USD) slumped to lows below near 1.1050 on Monday after the US-China deal to lower tariffs substantially for a 90-day period.
The dollar, however, failed to hold gains and EUR/USD has rallied strongly back above 1.1200 to test 1.1250 with reservations surrounding the dollar still in evidence....
CATEGORIES: Euro Dollar Forecasts
Pound to Dollar Tests 1.335 as USD Rates Weighed on Trump FED Criticism
14 May 2025 at 10 AM - Written by James Fuller
STORY LINK Pound to Dollar Tests 1.335 as USD Rates Weighed on Trump FED Criticism
The Pound to US Dollar exchange rate (GBP/USD) trended higher on Wednesday, as investors reacted to a fresh round of criticism from US President Donald Trump directed at the Federal Reserve.
At the time of writing, GBP/USD was hovering around $1.335. Up roughly 0.3% from Wednesday’s opening levels.
The US Dollar came under...
CATEGORIES: Pound Dollar Forecasts