US Dollar Forecast

The Euro to Dollar exchange rate (EUR/USD) is hurtling towards parity as the FX market isn't close to fully appreciating the 'Trump Trade'.

City Index analyst Fawad Razaqzada says a drop to $1.25 looks increasingly likely for the Pound to Dollar exchange rate (GBP/USD).

Shahab Jalinoos at UBS says the regime shift in the U.S. does bode for a strong Dollar, but he says tactical considerations suggest the Euro should end the year higher against the Dollar than at current levels.

According to research from JP Morgan, the Euro could be set to move to parity against the Dollar in the coming quarters.

The Euro to Dollar exchange rate (EUR/USD) looks to be forming a base above 1.05, but stay wary of further declines.

Pound Sterling has come under notable pressure against the Dollar as markets prepare for the second Trump administration, but we think relief is in store this week.

The Euro to Dollar exchange rate (EUR/USD) could be on course to hit the 1:1 marker, according to an increasing number of analysts. Others say such talk is overblown.

Rewind to this time last week and things were looking up for the Euro to Dollar exchange rate (EUR/USD). Now, we are forecasting further losses in the coming days.

GBP/USD is under pressure at the start of the new week, and we will watch for key support levels to be tested in the coming days.

JP Morgan's FX trading desk sets out potential levels for GBP/USD on the three potential outcomes to today's U.S. election outcome.

EUR/USD stabilises just below 1.09 ahead of the all-important U.S. presidential vote, but a Donald Trump win would ignite significant selling pressures again.

The Pound to Dollar exchange rate has risen on Monday as Donald Trump's odds of winning Tuesday's presidential election have fallen.

The Dollar should weaken if Kamala Harris wins next week's U.S. election, but a balance of probabilities favours strength.

EUR/USD looks like it wants to go lower, with little by way of technical indicators to prevent this.

The Pound to Dollar exchange rate (GBP/USD) will likely remain under pressure in the coming days, with bouts of strength likely to prove short-lived.

The Euro is in a downtrend against the Dollar and further losses are likely over the coming five days.

Pound Sterling looks set to remain on the defensive against the Euro, and we could see sub-1.30 levels again in the coming five days.

The British Pound trades higher against the Dollar in the wake of Friday's retail sales data, but the risks are still tilted to the downside.

EUR/USD is forecast to test the 200-day Moving Average as sellers look forward to Thursday's European Central Bank interest rate cut.

The prospect of a meaningful rebound in the Pound to Dollar exchange rate (GBP/USD) looks a remote prospect for the coming days.