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American Dollar Forecast Directory - Page #98

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

Pound Close to Eight-Year Best vs Canadian Dollar as Carney New PM

10 Mar 2025 at 5 PM - Written by Tim Boyer

STORY LINK Pound Close to Eight-Year Best vs Canadian Dollar as Carney New PM

Newly-elected Canadian Prime Minister Carney has pledged to take the fight to US President Trump over trade tariffs. The Bank of Canada will face a tough decision this week and trade stresses will inevitably trigger further currency volatility. The Pound to Canadian dollar (GBP/CAD) exchange rate is trading close to 1.8585 and just...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Dollar Weekly Forecast: Target Extended to 1.33-1.34 say Analysts

9 Mar 2025 at 5 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Weekly Forecast: Target Extended to 1.33-1.34 say Analysts

Foreign exchange strategists at Morgan Stanley have extended their Pound to Dollar exchange rate (GBP/USD) target to $1.33. Bank of America analysts consider that the GBPUSD break higher this week is potentially very important and could pave the way for a test of 2024 highs above $1.34. It has been a week of chaotic US drama amid...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Forecast: 2 Factors Could Drive Additional Gains Over Next 1-3 Months

9 Mar 2025 at 5 PM - Written by Frank Davies

STORY LINK Euro to Dollar Forecast: 2 Factors Could Drive Additional Gains Over Next 1-3 Months

The US Dollar (USD) has remained firmly on the defensive versus the Pound Sterling (GBP) in global markets while the Euro (EUR) has made further net gains following German plans to unlock a huge fiscal stimulus. The Pound to Dollar exchange rate (GBP/USD) has posted fresh 4-month highs just above 1.2930. The US jobs data is likely...

CATEGORIES: Euro Dollar Forecasts

US Dollar: GBP/USD Rate Tests 4-Month Best as Markets Await US NFP

7 Mar 2025 at 8 AM - Written by Frank Davies

STORY LINK US Dollar: GBP/USD Rate Tests 4-Month Best as Markets Await US NFP

Pound Sterling (GBP) overall has struggled on the crosses while the US Dollar (USD) has struggled amid ongoing recession fears and revised ECB guidance after the latest rate cut triggered further Euro gains. The Pound-to-Dollar exchange rate (GBP/USD) hit 16-week highs just above 1.2920 before trading around 1.2885. Scotiabank...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Outlook: Pound Holds Gains Against Dollar amid Ahead of US NFP

6 Mar 2025 at 2 PM - Written by Frank Davies

STORY LINK GBP/USD Outlook: Pound Holds Gains Against Dollar amid Ahead of US NFP

The Pound Sterling (GBP) trended mostly flat against the US Dollar (USD) on Thursday amid a lull in UK and US economic releases. At the time of writing, the GBP/USD exchange rate was trading at approximately $1.2876, virtually unchanged from the start of Thursday’s session. On Thursday, the US Dollar (USD) had a tough time...

CATEGORIES: Pound Dollar Forecasts

Best Pound to Dollar Rate of Three Months ($1.28) as US Growth Fears Mount

5 Mar 2025 at 5 PM - Written by Tim Boyer

STORY LINK Best Pound to Dollar Rate of Three Months ($1.28) as US Growth Fears Mount

Pound Sterling (GBP) rallied to a fresh three-month best exchange rate against the US Dollar (USD) on Wednesday as worries over US economic performance continued to weigh on USD sentiment. At the time of writing, the Pound US Dollar (GBP/USD) exchange rate was trading at around $1.2849, marking a 0.4% increase from the day’s opening...

CATEGORIES: Pound Dollar Forecasts

Euro Surges vs Pound, Dollar as Germany Opens Spending Floodgates

5 Mar 2025 at 4 PM - Written by David Woodsmith

STORY LINK Euro Surges vs Pound, Dollar as Germany Opens Spending Floodgates

A dramatic German U-Turn on defence and infrastructure spending has triggered a Euro surge in global markets. In contrast, the UK government has indicated that UK spending plans will have to be scaled back. EUR/USD has jumped to 16-week highs above 1.0700 with the dollar also struggling in global markets. Scotiabank noted that the...

CATEGORIES: Euro Forecasts Euro Dollar Forecasts Euro Pound Forecasts

GBP/USD Forecast: Pound Sterling Ticks Up vs Dollar despite Downbeat Trade

4 Mar 2025 at 10 PM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Pound Sterling Ticks Up vs Dollar despite Downbeat Trade

Pound Sterling (GBP) firmed against the US Dollar (USD) on Tuesday despite the days negative trading conditions. At the time of writing, the Pound US Dollar exchange rate was trading at approximately $1.2735, up roughly 0.3% from the start of Tuesday’s session. On Tuesday, the US Dollar (USD) had difficulty attracting buyers and...

CATEGORIES: Pound Dollar Forecasts

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

Trumps Tariffs Send Pound to Eight Year Best Exchange Rate Against Canadian Dollar

4 Mar 2025 at 10 AM - Written by David Woodsmith

STORY LINK Trumps Tariffs Send Pound to Eight Year Best Exchange Rate Against Canadian Dollar

Canadian dollar (CAD) exchange rates dipped sharply against the Pound and Euro after President Trump announced that tariffs on Canadian imports would go ahead. The Pound Sterling has held firm on hopes that the UK will not be the firing line. The overall reaction to tariffs being imposed has been measured, but the Pound to Canadian...

CATEGORIES: Pound Canadian Dollar Forecasts

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