American Dollar Forecast Directory - Page #91
A round up of the latest American Dollar forecast news items from the Currency News desk.
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
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
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
Pound to Dollar LIVE: 7th Consecutive Daily GBP Gain, "Momentum Remains Bullish"
16 Apr 2025 at 3 PM - Written by David Woodsmith
STORY LINK Pound to Dollar LIVE: 7th Consecutive Daily GBP Gain, "Momentum Remains Bullish"
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
STORY LINK Pound-to-Dollar Rate Now Pushing to 1.34, Sterling's 2024 Best in Sights
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