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American Dollar Forecast Directory - Page #86

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

Pound to Dollar LIVE: 7th Consecutive Daily GBP Gain, "Momentum Remains Bullish"

16 Apr 2025 at 3 PM - Written by David Woodsmith

The Pound to Dollar exchange rate rallied on Wednesday, striking a new multi-month high at 1.32679 amid mounting uncertainty over US trade policy. According to FX strategists at Scotiabank, "GBPUSD’s gains have extended for a seventh consecutive session and momentum remains bullish with an RSI near the overbought threshold at...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Dollar Rate Now Pushing to 1.34, Sterling's 2024 Best in Sights

16 Apr 2025 at 10 AM - Written by Frank Davies

The US Dollar has been back under pressure in Asia overnight with fresh unease over US-China trade wars and renewed selling in equities. The Pound to Dollar exchange rate (GBP/USD) surged again to fresh 6-month highs close to 1.3290 and held firm despite a slightly softer-than-expected UK inflation reading. According to ING;...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Forecast: Scope for GBP/USD Gains to 1.3290 say UoB

16 Apr 2025 at 6 AM - Written by David Woodsmith

Market fear has eased considerably over the past 24 hours with gains in US equities and bonds. The FTSE 100 index traded 0.9% higher in early trading, maintaining the recovery from last week’s slide. Deutsche Bank commented; “Whilst equities were recovering, arguably a bigger relief for investors was the recovery in the bond...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Forecast: EUR Dip Buying, as "Deterioration of US Data Likely"

15 Apr 2025 at 11 PM - Written by Tim Boyer

The Euro corrected weaker on Tuesday while the US Dollar struggled to secure more than a slight rebound from 3-year lows posted last week. The Euro to Dollar exchange rate retreated to just below 1.1300. ING commented; “we have observed strong buying interest around 1.1300, and we still think the near-term bias is towards 1.15...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

GBP/USD Forecast: Pound Sterling Strikes Six-Month Best on UK-US Trade Deal Hopes

15 Apr 2025 at 4 PM - Written by Frank Davies

GBP/USD climbed to a six-month best buy exchange rate on Tuesday, buoyed by a risk-positive market mood and rising speculation over a potential UK-US trade agreement. The Pound exchange rates enjoyed support on Tuesday as investors embraced riskier assets, pushing the increasingly risk-sensitive UK currency higher against its...

CATEGORIES: Pound Dollar Forecasts

Pound Recovers Against Euro and Dollar as Sterling Outperforms G10 Currencies

15 Apr 2025 at 7 AM - Written by David Woodsmith

Pound Sterling advanced against the euro and US dollar on Monday, with GBPUSD striking a fresh six-month high amid ongoing volatility surrounding US trade policy. At the time of writing GBP/USD was trading at approximately $1.3176, up around 0.7% from Monday’s opening levels. "GBP is up 0.6% vs. the USD and outperforming most of...

CATEGORIES: Pound Dollar Forecasts

Tariff Panic Subsides, Pound Gains vs Euro, Dollar on Foreign Exchange Markets

14 Apr 2025 at 5 PM - Written by Tim Boyer

There are increased hopes on Monday that immediate panic in US markets has subsided. There has been a recovery in bonds, equities and the dollar, a notable reversal from the sharp losses recorded last week. The dollar, however, edged lower again towards the European close. The S&P 500 index is around 1.0% higher on the day while the...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Euro "Remains in Overbought Territory" say Credit Agricole

14 Apr 2025 at 3 PM - Written by David Woodsmith

The Euro to Dollar (EUR/USD) exchange rate is currently trading just below 1.1400 after posting a net advance overnight. According to ING, 1.11/1.12 is now going to be important support, and presumably the buy-side will now be EUR/USD buyers on dips as they wait for the tariff shock to materialise in hard US data. It sees a...

CATEGORIES: Euro Dollar Forecasts

GBP/USD Forecast: Pound Gains on Soft Dollar and Risk Relief, Close to 1.32

14 Apr 2025 at 12 PM - Written by David Woodsmith

The Pound-to-Dollar exchange rate (GBP/USD) is trading within touching distance of the 1.32 handle on Monday. Risk appetite faltered slightly late in the Asian session on Monday, but the latest Trump concession on tariffs triggered significant overall gains in European equities which supported the Pound. The dollar was also unable...

CATEGORIES: Pound Dollar Forecasts

Euro to Dollar Forecasts HIKED to 1.20 at MUFG Over Twelve Month Timeline

14 Apr 2025 at 6 AM - Written by Tim Boyer

During the week, the Euro to Dollar (EUR/USD) exchange rate surged to 3-year highs just above 1.1470 as the dollar came under intense pressure before a corrective retreat to around 1.1360. The dollar index hit 3-year lows with an 8% slide from January’s peak. Trump’s latest apparent climbdown on computers may trigger a dollar...

CATEGORIES: Currency Predictions Euro Dollar Forecasts