US Dollar Forecast

The Dollar will rebound if the Federal Reserve opts to stick with its guidance and cut interest rates by 25 basis points today, but strength will be shortlived according to one analysis.

USD/JPY briefly dipped below the 140 level on Monday before staging a recovery; however, one analysis suggests sub-140s is likely.

EUR/USD started the new week with fresh momentum as the market adjusts to the raised odds of a 50 basis point interest rate cut at the Federal Reserve on Wednesday.

The setup behind the Euro to Dollar exchange rate (EUR/USD) is undeniably constructive, and there are good odds that the 2024 high will be tested either this week or next week.

The Pound to Dollar exchange rate could test the 2024 high at 1.3250 if the Federal Reserve cuts interest rates by 50 basis points this week.

Euro-Dollar hasn't created a bearish reversal pattern to suggest that bullish trend has ended, according to a new analysis.

The Euro looks to remain under pressure against the U.S. Dollar in the near term but expect volatility around Wednesday's U.S. inflation report and Thursday's European Central Bank (ECB) decision.

We forecast further losses for the Pound against the Dollar in the coming week, but we think downside will be limited to 1.3036.

The British Pound has more fuel in its tank to drive outperformance against the Euro and Dollar over the medium term.

"Our modestly bullish EUR/USD forecast remains intact," says Fawad Razaqzada, FX analyst at City Index.

After a poor August, the Dollar has roared back into life and is pushing the Pound lower again. One currency payment specialist thinks GBP/USD could go below 1.30.

The Euro's rally against the Dollar looks to have entered a consolidation phase, and we think it can retreat further in the coming week.

Pound Sterling's uptrend against the Dollar could experience a deeper setback this week if U.S. labour market data beat expectations.

The Dollar looks set to bounce back following a period of sustained losses, say strategists at HSBC, who think the Pound is particularly vulnerable.

The Euro has fallen against the U.S. Dollar in midweek trade, but the rally can continue a little while longer before a more concerted breakdown takes it down to parity.

The Euro to Dollar exchange rate is in an undeniable uptrend, and although it looks overbought, it will take a brave punter to bet against further gains this week. Beware any month-end volatility.

Pound Sterling powered to fresh two-year highs at the end of last week, buoyed by the Federal Reserve's commitment to a September rate cut. But, the rally is looking stretched.

The Pound to Euro exchange rate (GBP/EUR) is technically and fundamentally poised for further gains in the near term, and a move to 1.1850 is on the cards for this week.

The Euro to Dollar exchange rate's (EUR/USD) rally is likely to extend, according to a new technical analysis from Société Générale.

Friday's 1.0%-plus advance sends a strong signal; the Euro-to-Dollar exchange rate is in the mood to go higher.