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American Dollar Forecast Directory - Page #85

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

Pound to Dollar Rate Gains to 1.33 as Trade Uncertainty Weighs on USD

24 Apr 2025 at 9 AM - Written by Frank Davies

STORY LINK Pound to Dollar Rate Gains to 1.33 as Trade Uncertainty Weighs on USD

The Pound to Dollar exchange rate traded sideways on Wednesday as both the UK and US released their latest preliminary PMI releases. At the time of writing, GBP/USD was trading at approximately $1.32958. On Wednesday, the US Dollar (USD) faced challenges and declined against multiple major currencies following the release of the...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar FX Forecast: Sterling "Near-term Consolidation Around 1.33"

23 Apr 2025 at 5 PM - Written by Frank Davies

STORY LINK Pound to Dollar FX Forecast: Sterling "Near-term Consolidation Around 1.33"

The US dollar secured net gains on Wednesday with support from a second successive surge in equities during the day. The gains in equities and dollar were driven by another U-turn from President Trump as he stated that he was not looking to dismiss Fed Chair Powell. There was also an upbeat Administration assessment of trade...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Dollar Rate Attempts 3-Year Best, 1.3425 Key Resistance

23 Apr 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound-to-Dollar Rate Attempts 3-Year Best, 1.3425 Key Resistance

The Pound to Dollar exchange rate touched a fresh 7-month high just below 1.3425 in Asia on Tuesday before a retreat to 1.3370. The 1.3425 area remains a key resistance zone with five attempts to break above this level failing in September 2024. Further tough resistance is likely, but any break would potentially trigger gains to...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound Sterling Rally Stalls as "Momentum is Overbought"

22 Apr 2025 at 3 PM - Written by Ben Hughes

STORY LINK GBP/USD Forecast: Pound Sterling Rally Stalls as "Momentum is Overbought"

The Pound Sterling's recent rally against the US Dollar takes a break on Tuesday, with GBPUSD trading flat at around 1.337. "GBPUSD looks to be taking a pause following its impressive 10-session rally from 1.2700," says Shaun Osborne, Chief FX Strategist Momentum at Scotiabank. "Momentum is overbought with an RSI at 71 and the...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to US Dollar Forecast: Fed Capitulation to Trigger EUR/USD Spike

22 Apr 2025 at 11 AM - Written by David Woodsmith

STORY LINK Euro to US Dollar Forecast: Fed Capitulation to Trigger EUR/USD Spike

The Euro to Dollar exchange rate (EUR/USD) strengthened to near 1.1550 in Asian trading on Tuesday before settling close to 1.1500 and below 3-year highs of 1.1570 recorded on Monday amid pressure for at least a limited correction. Overall dollar confidence remains very fragile with Trump pressure on Fed Chair Powell remaining a key...

CATEGORIES: Euro Dollar Forecasts

Pound to Dollar Forecast: GBP, EUR Surge as USD Crashes on Trump-FED Spat

22 Apr 2025 at 6 AM - Written by Frank Davies

STORY LINK Pound to Dollar Forecast: GBP, EUR Surge as USD Crashes on Trump-FED Spat

The Pound Sterling has surged to a seven-month best exchange rate level as confidence in the US Dollar has deteriorated further during the Easter weekend. As well as fears over the economy, Trump’s criticism of Fed Chair Powell has reinforced fears that central bank independence could be compromised and the dollar posted sharp...

CATEGORIES: Pound Dollar Forecasts

Our Euro to Dollar Forecast: Further EUR Upside to Upper 1.16s?

20 Apr 2025 at 6 PM - Written by David Woodsmith

STORY LINK Our Euro to Dollar Forecast: Further EUR Upside to Upper 1.16s?

Currency forecasters at Deutsche Bank expect long-term Euro to Dollar exchange rate (EUR/USD) gains to 1.25 at the end of 2027 and note the risk that gains could come quicker. EURUSD was held below 3-year highs of 1.1470 during the week, but found strong buying below 1.1300. EUR/USD remains well above levels that would be justified...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Dollar Forecast: GBPUSD Bullish to 1.34 for Buyers

20 Apr 2025 at 5 PM - Written by Frank Davies

STORY LINK Pound to Dollar Forecast: GBPUSD Bullish to 1.34 for Buyers

After an initial retreat, Commerzbank expects the Pound to Dollar exchange rate (GBP/USD) gains to 1.39 by Q2 2026 as the dollar loses traction. ING sees scope for near-term GBP/USD gains, but expects slight losses to 1.30 on a 12-month view as European currencies fail to hold gains. US equities struggled during the week, but there...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Rate Resilient Despite ECB Rate Cut, USD Confidence Depressed

17 Apr 2025 at 4 PM - Written by David Woodsmith

STORY LINK Euro to Dollar Rate Resilient Despite ECB Rate Cut, USD Confidence Depressed

The Euro (EUR) dipped against the US Dollar (USD) in immediate reaction to the ECB policy decision, but there was resilience on dips and traded around 1.1365 from 1.1335 lows. According to ING; “We retain a tactical target at 1.15 in EUR/USD, with risks of even larger gains.” The bank does expect a EURUSD exchange rate retreat...

CATEGORIES: Euro Dollar Forecasts

GBP/USD Forecast: Pound Looks to be Overbought Against Dollar

17 Apr 2025 at 11 AM - Written by David Woodsmith

STORY LINK GBP/USD Forecast: Pound Looks to be Overbought Against Dollar

After hitting 6-month highs close to 1.3300, the Pound to Dollar exchange rate dipped to test 1.3200 before rebounding to 1.3240. US equities posted sharp losses on Wednesday before a tentative rebound in futures on Thursday. Scotiabank noted that the Pound is looking overbought but added; “We look to near-term resistance around...

CATEGORIES: Pound Dollar Forecasts

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