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American Dollar Forecast Directory - Page #95

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

Hawkish RBA Rate Cut Underpins the Australian Dollar, GBP/AUD Holds Steady

19 Feb 2025 at 8 AM - Written by David Woodsmith

The Reserve Bank of Australia (RBA) cur interest rates by 25 basis points to 4.1-% at the latest policy meeting, in line with consensus forecasts, and the first cut for over four years. The Australian dollar to US dollar (AUD/USD) exchange rate secured a slight net gain to around 0.6355, with the Pound to Australian dollar (GBP/AUD)...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to Dollar Today: GBP/USD 2025 Best Dented by UK Inflation

19 Feb 2025 at 8 AM - Written by Frank Davies

The latest UK inflation data released on Wednesday saw the Pound Sterling fall back from its 2025 best exchange rate levels against the US Dollar to trade at 1.26132. The British Pound fell back against currency rivals after the UK released its latest consumer price index (CPI), which rose to 3.0% year-on-year, marking a significant...

CATEGORIES: Pound Dollar Forecasts

Today's Pound to Dollar Exchange Rate Holds Near Best in Eight Weeks for Buyers

17 Feb 2025 at 9 PM - Written by Frank Davies

The Pound to Dollar (GBP/USD) exchange rate traded close to 1.2600 and close to an 8-week best on Monday with US markets closed for a holiday. The UK 10-year yield spiked to 2-week highs around 4.60% early on Monday before a retreat to just below 4.55%. According to Scotiabank the outlook is broadly positive on a short-term view;...

CATEGORIES: Pound Dollar Forecasts

The Pound to Dollar News: GBP/USD Quiet on US President's Day

17 Feb 2025 at 9 PM - Written by David Woodsmith

The Pound Dollar (GBP/USD) exchange rate was steady at the start of this week’s session, with US markets closed for President’s Day and investors awaiting significant UK data later in the week. At the time of writing, GBP/USD was trading at $1.2596, virtually unchanged from its opening level. The Pound (GBP) remained relatively...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar FX Predictions: 2025 GBP/USD Peak Already in?

16 Feb 2025 at 6 PM - Written by Frank Davies

During the week, the Pound to Dollar exchange rate (GBP/USD) strengthened to 2025 high at 1.2630 as US yields declined, the dollar stumbled and European currencies made headway. According to ING; “1.25/26 should be the top of the range this year and we are looking for a move to 1.19/20.” Bank of America still forecasts that...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

GBP/USD Forecast: Pound Sterling Posts 2025 Best Rate on Dollar Retreat

15 Feb 2025 at 5 PM - Written by Frank Davies

Two elements have undermined the US Dollar (USD) over the last 24 hours, but the Pound Sterling (GBP) has made headway. As markets closed, the Pound to Dollar exchange rate (GBP/USD) was seen trading at 1.25863, while the Dollar to Pound exchange rate (USD/GBP) was at 0.79452. There has been some relief that the Administration has...

CATEGORIES: Pound Dollar Forecasts

US Inflation Moves Reverse, While the Pound Rises Following GDP Data

15 Feb 2025 at 5 PM - Written by David Woodsmith

Wednesday’s CPI-inspired moves have mostly reversed and the US dollar is surprisingly lower since the release. The pound is the best-performing G7 currency on Thursday, with a +0.4% gain against the USD. GDP data for December and Q4 was better than expected, although the figures were still weak and won’t alter the BoE’s...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound Sterling Holds Weekly Trump Tariff Gains Against Euro and Dollar

14 Feb 2025 at 9 AM - Written by Tim Boyer

The British Pound spiked higher against the Euro (GBP/EUR) and US Dollar (GBP/USD) exchange rates on the headline UK GDP data but failed to hold the gains as the details within the data were notably less favourable and reinforced reservations over the underlying outlook. ING commented, “Fourth-quarter UK GDP wasn't as bad as it could...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound to Dollar Forecast: GBP/USD Subdued Following UK, US Data

14 Feb 2025 at 9 AM - Written by David Woodsmith

The Pound US Dollar exchange rate traded mostly flat on Thursday as both the UK and the US released several economic data releases. On Thursday, the Pound (GBP) saw a modest uptick against the majority of its counterparts. This boost was sparked by the release of the UK’s GDP figures for the last quarter of the previous year,...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Dollar Exchange Rate Slides on US Inflation Shock

13 Feb 2025 at 9 AM - Written by Tim Boyer

The Pound held firm against the U.S. Dollar ahead of Wednesday’s US open before sliding after a stronger-than-expected US inflation release triggered fresh market concerns. Underlying market tensions remained high amid ongoing uncertainty and unease over the US Administration's trade policies. After initially struggling, the dollar...

CATEGORIES: Pound Dollar Forecasts