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

Pound to Dollar Forecast: "Bullish Outside Range Reversal" say Analysts

24 Mar 2025 at 3 PM - Written by Tim Boyer

STORY LINK Pound to Dollar Forecast: "Bullish Outside Range Reversal" say Analysts

The Pound US Dollar exchange rate traded mostly flat on Monday as the UK and the US both released their respective preliminary S&P Global PMIs. At the time of writing, GBP/USD was trading at approximately $1.2925, virtually unchanged from the start of Monday’s session. Pound (GBP) Stays Strong despite Mixed PMIs On Monday, the...

CATEGORIES: American Dollar Forecasts Pound Sterling 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

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

15 Feb 2025 at 5 PM - Written by David Woodsmith

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

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 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

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