Currency News

Daily Exchange Rate Forecasts & Currency News

American Dollar forecast - usd american dollar us dollar usd dollar

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

Pound US Dollar Exchange Rate Climbs

25 Oct 2024 at 1 PM - Written by Frank Davies

STORY LINK Pound US Dollar Exchange Rate Climbs

The Pound US Dollar exchange firmed on Thursday following the publication of the latest US and UK PMI indices. At the time of writing, GBP/USD was trading at approximately $1.2972, up roughly 0.4% from the start of Thursday’s session. The Pound (GBP) gained ground against most currencies on Thursday despite the release of some...

CATEGORIES: American Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Undermined by Anxious Market Mood

22 Oct 2024 at 8 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Undermined by Anxious Market Mood

The Pound US Dollar exchange rate ticked lower on Monday as a safe-haven dash undermined the currency pairing. At the time of writing, GBP/USD was trading at approximately $1.3018, down roughly 0.2% from the start of Monday’s session. US Dollar (USD) Supported by Downbeat Trade The US Dollar (USD) captured investors focus on...

CATEGORIES: American Dollar Forecasts Pound Sterling Forecasts

US Inflation of -0.1% Drops Dollar Exchange Rates

13 Jul 2024 at 2 PM - Written by David Woodsmith

STORY LINK US Inflation of -0.1% Drops Dollar Exchange Rates

US CPI in June was expected to be soft, but the readings were even better than estimates. Taken in context of Fed Chair Powell’s comments this week, a rate cut is now almost certain in September. Stocks have been higher every day this week and are set for further gains, while the US dollar has dropped to the June lows....

CATEGORIES: American Dollar Forecasts

US Dollar Outlook: Fed 2024 interest rate cut "starting to look increasingly more out of reach"

26 Apr 2024 at 5 PM - Written by John Cameron

STORY LINK US Dollar Outlook: Fed 2024 interest rate cut "starting to look increasingly more out of reach"

The Pound to Dollar exchange rate (GBP/USD) was unable to hold 1.2500, but did find support above 1.2450 and traded just below 1.2500. The US Dollar posted renewed gains after the latest US data with markets even less confident over a Fed cut in interest rates amid fresh concerns over inflation trends. The advance US GDP reading for...

CATEGORIES: American Dollar Forecasts

US Dollar Outlook Improves After Stronger Than Expected US Inflation Data

11 Jan 2024 at 9 PM - Written by David Woodsmith

STORY LINK US Dollar Outlook Improves After Stronger Than Expected US Inflation Data

US consumer prices increased 0.3% for December compared with consensus forecasts of a 0.2% increase with the year-on-year increasing to 3.4% from 3.1% and above expectations of 3.2%. Core prices increased 0.3% on the month which was in line with expectations, although the year-on-year rate retreated to 3.9% from 4.0% and slightly above...

CATEGORIES: American Dollar Forecasts

US Dollar to Swedish Krona Rate: Sell USD/SEK at 10.98 target of 10.65, say MUFG

6 Nov 2023 at 3 PM - Written by James Fuller

STORY LINK US Dollar to Swedish Krona Rate: Sell USD/SEK at 10.98 target of 10.65, say MUFG

FX analysts at MUFG sees scope for at least limited krone relief, especially with the central bank continuing operations to sell foreign currencies to hedge foreign exchange reserves. The bank is also more cautious over the dollar outlook. According to the bank; “With the USD in the process of peaking out alongside US yields,...

CATEGORIES: American Dollar Forecasts

Euro to Dollar Forecast: 1.02 in Three Months say Rabobank

17 Oct 2023 at 9 PM - Written by John Cameron

STORY LINK Euro to Dollar Forecast: 1.02 in Three Months say Rabobank

US Economy Continues to Out-Perform, Rabobank Maintains 3-Month EUR/USD Exchange Rate Forecast of 1.02 A key feature for bond and currency markets is that the US economy continues to outperform Europe and this is continuing to benefit the dollar. According to Rabobank; “We maintain a forecast of EUR/USD 1.02 on a 3-month...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rallies amid Elevated BoE Rate Hike Bets

26 Apr 2023 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rallies amid Elevated BoE Rate Hike Bets

Pound US Dollar (GBP/USD) Exchange Rate Rallies amid Elevated BoE Rate Hike Bets The Pound US Dollar (GBP/USD) climbed during Wednesday’s European session, as elevated rate hike bets supported the Pound against its peers. Furthermore, a return of risk appetite to the markets weighed heavily on the safe haven ‘Greenback’,...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Trades Narrowly as UK Wages Hit 20-year Low

2 Sep 2022 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Trades Narrowly as UK Wages Hit 20-year Low

GBP/USD Exchange Rate Range-Bound as Economic Concerns Deepen The Pound to US Dollar (GBP/USD) exchange rate traded in a narrow range on Friday as investors remain wary of the UK economic outlook At time of writing the GBP/USD exchange was trading around $1.1544, barely changed from Friday’s opening levels. Pound (GBP) Trading...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts

Euro US Dollar (GBP/USD) Exchange Rate Spikes as Risk Sentiment Improves

25 Jul 2022 at 11 AM - Written by John Cameron

STORY LINK Euro US Dollar (GBP/USD) Exchange Rate Spikes as Risk Sentiment Improves

EUR/USD Exchange Rate Firms on Risk Sentiment Turnaround The Euro US Dollar (EUR/USD) exchange rate trended on Monday morning, as positive risk flows buoy the Euro (EUR) in spite of downbeat data from the Ifo institute. Meanwhile, the US Dollar (USD) is succumbing to downside ahead of this afternoon’s data releases. At the time...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today