American Dollar Forecast Directory - Page #93
A round up of the latest American Dollar forecast news items from the Currency News desk.
US Dollar: USD/GBP Drops as Trump Imposes Tariffs – Here's Why
4 Mar 2025 at 9 PM - Written by David Woodsmith
STORY LINK US Dollar: USD/GBP Drops as Trump Imposes Tariffs – Here's Why
The US dollar dropped to new 2025 lows on Tuesday after tariffs were imposed on Canada, Mexico and China.
Many analysts expected the USD to rise on tariffs, but the situation is different to 2018.
There could be a significant impact on US growth and consumer spending, which will weigh on yields and the USD.
Volatility remains...
CATEGORIES: American Dollar Forecasts
Pound to Dollar Rate Jumps as Trump Tariffs Fail to Support USD
4 Mar 2025 at 10 AM - Written by Frank Davies
STORY LINK Pound to Dollar Rate Jumps as Trump Tariffs Fail to Support USD
Overnight, President Trump followed through with his threat and imposed 25% tariffs on Canada and Mexico as well as increasing tariffs on China.
There had been expectations that the dollar would gain ground if tariffs were imposed, but the currency has lost ground and overall currency moves have been contained.
The Canadian dollar...
CATEGORIES: Pound Dollar Forecasts
Pound Sterling Skyrockets vs US Dollar amid Ukraine Peace Hopes
3 Mar 2025 at 7 PM - Written by Ben Hughes
STORY LINK Pound Sterling Skyrockets vs US Dollar amid Ukraine Peace Hopes
The Pound US Dollar exchange rate jumped up on Monday as a significant upbeat market mood bolstered the exchange rate.
At the time of writing, GBP/USD was trading at approximately $1.2704, virtually up roughly 1% from the start of Monday’s session.
On Monday, the US Dollar (USD) plummeted against most of its major counterparts as...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Rate Today: GBP Sterling Nears 2-Month Best vs USD
3 Mar 2025 at 5 PM - Written by David Woodsmith
STORY LINK Pound to Dollar Rate Today: GBP Sterling Nears 2-Month Best vs USD
European currencies such as the Pound Sterling and Euro rebounded strongly on Monday with the Sollar on the defensive, especially after the US data triggered fresh concerns over the economy.
The Pound to Dollar exchange rate (GBP/USD) quickly regained the 1.2600 level with steady gains and jumped to 1.2715 after the latest US data....
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Today: GBP/USD Unaffected by High Impact US Data Releases
28 Feb 2025 at 8 AM - Written by David Woodsmith
STORY LINK Pound to Dollar Today: GBP/USD Unaffected by High Impact US Data Releases
The Pound US Dollar exchange rate was rangebound on Thursday following the release of a duo of impactful US data releases.
At the time of writing, GBP/USD was trading at approximately $1.2674, virtually unchanged from the start of Thursday’s session.
Despite showing little movement against the Pound (GBP), the US Dollar (USD)...
CATEGORIES: Pound Dollar Forecasts
Euro Exchange Rates Hold Steady Despite Trump 25% EU Tariff Threat
27 Feb 2025 at 2 PM - Written by Frank Davies
STORY LINK Euro Exchange Rates Hold Steady Despite Trump 25% EU Tariff Threat
President Trump pushed back tariffs on Canada and Mexico, but then threatened the EU with 25% tariffs.
The market reactions to his comments have been getting milder. EURUSD dropped around 30 pips but recovered again.
Defense spending in the EU is likely to increase, potentially pushing up growth and inflation and supporting the...
CATEGORIES: Euro Dollar Forecasts
Pound to Canadian Dollar Rate Hits 3-Week Best as US Tariffs Dominate
27 Feb 2025 at 9 AM - Written by Tim Boyer
STORY LINK Pound to Canadian Dollar Rate Hits 3-Week Best as US Tariffs Dominate
Geopolitical developments and trade rhetoric will remain key influences in the outlook for the Canadian Dollar and US Dollar in the short term.
US tariffs will be very important in the short term with 25% tariffs on imports from Mexico and Canada due to come in on March 4th.
The Pound to Dollar exchange rate (GBP/USD) has been held...
CATEGORIES: Pound Canadian Dollar Forecasts