American Dollar Forecast Directory - Page #89
A round up of the latest American Dollar forecast news items from the Currency News desk.
British Pound Climbs to Six-Month Best Against US Dollar as Trump Unveils Tariffs
3 Apr 2025 at 12 PM - Written by Frank Davies
STORY LINK British Pound Climbs to Six-Month Best Against US Dollar as Trump Unveils Tariffs
At the time of writing, Pound US Dollar (GBP/USD) exchange rate was trading at $1.3148 – its highest level since October 2024 and up 1.3% from Wednesday.
The US Dollar (USD) suffered a sharp decline on Wednesday evening and into Thursday’s session after US President Donald Trump introduced sweeping new tariffs.
On what he...
CATEGORIES: Pound Dollar Forecasts
Euro to Dollar Forecast: EUR/USD Jumps Above 1.10 on US Recession Fears
3 Apr 2025 at 11 AM - Written by David Woodsmith
STORY LINK Euro to Dollar Forecast: EUR/USD Jumps Above 1.10 on US Recession Fears
The Euro (EUR) rallied sharply against the US Dollar on Thursday after President Trump’s imposition of tariffs increased fears over the US and global economy and sparked increased recession talk.
Danske Bank commented; “The new tariffs were generally stronger and broader than we and markets expected, and sent shockwaves through...
CATEGORIES: Euro Dollar Forecasts
Pound to Dollar Today: GBPUSD Rate SOARS on Tariff Crash, Equities Slide
3 Apr 2025 at 11 AM - Written by Tim Boyer
STORY LINK Pound to Dollar Today: GBPUSD Rate SOARS on Tariff Crash, Equities Slide
President Trump’s announcement of reciprocal tariffs with heavy punishment against China, Japan and the EU, triggered a slump in risk appetite as markets attempt to digest huge implications.
According to Rabobank; “The US raised its weighted-average tariff to 29%, the highest in over 100 years, and above the Smoot-Hawley tariffs of...
CATEGORIES: Pound Dollar Forecasts
US Tariffs: Pound to Dollar Rate at 5-Month Best Rate as Dollar, Equities Crash
3 Apr 2025 at 8 AM - Written by Ben Hughes
STORY LINK US Tariffs: Pound to Dollar Rate at 5-Month Best Rate as Dollar, Equities Crash
President Trump’s announcement of reciprocal tariffs with heavy punishment against China, Japan and the EU, triggered a slump in risk appetite.
The dollar also came under heavy pressure amid fears over the US economy and failed to gain defensive support.
The Pound to Dollar (GBP/USD) exchange rate posted strong gains to 5-month...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Outlook: Pound Sterling a Buy Today on Post-Tariff Dollar Slide
3 Apr 2025 at 8 AM - Written by Tim Boyer
STORY LINK GBP/USD Outlook: Pound Sterling a Buy Today on Post-Tariff Dollar Slide
The Pound US Dollar exchange rate rallied on Thursday after markets digested President Trump's slew of global trade tariffs.
At the time of writing, GBP/USD was trading at approximately $1.3115, 0.86% higher on the day.
US Dollar (USD) Dented as Markets await Tariffs
The GBP/USD pair traded sideways on Wednesday as markets...
CATEGORIES: Pound Dollar Forecasts
Australian Dollar Remains Solid as RBA Keep Rates on Hold at 4.1%
2 Apr 2025 at 9 AM - Written by David Woodsmith
STORY LINK Australian Dollar Remains Solid as RBA Keep Rates on Hold at 4.1%
The RBA paused its easing cycle and need to see more evidence of inflation stable around 2.5%.
This may come sooner than later and Westpac expect a cut in May.
Meanwhile, easing EU inflation opens the door to an ECB cut in April.
Monday’s session ended Q1 on a positive note as US stock markets managed to recover from a drop...
CATEGORIES: Australian Dollar Forecasts
Pound to Dollar Forecast: GBP/USD "Neutral" as Markets Await 'Liberation Day'
2 Apr 2025 at 9 AM - Written by Frank Davies
STORY LINK Pound to Dollar Forecast: GBP/USD "Neutral" as Markets Await 'Liberation Day'
The Pound (GBP) saw limited movement against the US Dollar (USD) on Tuesday as investors remained cautious ahead of President Donald Trump’s expected tariff announcement.
At the time of writing, the Pound US Dollar exchange rate (GBP/USD) was trading at around $1.2936, largely unchanged from Tuesday’s opening levels.
The US...
CATEGORIES: Pound Dollar Forecasts