US Dollar Forecast

The Dollar is in charge, but the pace of recent advances could be a case of 'too fast, too soon' and a pullback could be on the cards this week.

The trend for the EUR/USD is getting more bearish now, writes Fawad Razaqzada, Market Analyst at City Index.

The Euro to Dollar exchange rate is richly priced says ING, but even a "dovish" European Central Bank (ECB) this Thursday won't topple it.

The Euro is tipped to stay above 1.08 against the Dollar over the duration of the coming week, which will see two major tests in the form of Wednesday's U.S. inflation report and Thursday's European Central Bank decision.

Pound Sterling's solid recovery late last week following the U.S. job report blowout offers a telling clue as to how this week's price action might pan out.

French bank Natixis has cut its forecast for the Euro to Dollar exchange rate and warns risks are pointed to the downside if Donald Trump wins in November.

The Dollar surged higher at the start of the new week amidst a strong market reaction to stronger-than-expected U.S. data that has put the prospects of a June rate cut at the Federal Reserve on ice.

The Dollar is on a charge, backed by consensus-beating U.S. data that means the U.S. Federal Reserve will likely cut interest rates after the Bank of England and European Central Bank.

Dollar weakness in the second half of 2024 is a high-conviction call for economists at Wells Fargo, one of the biggest main street lenders in the United States.

Ongoing Dollar strength will ensure one of the world's top forecasters stays ahead of the pack with its counter-consensus expectation that the Greenback will outperform in 2024.

The Euro to Dollar exchange rate (EUR/USD) will be in focus as traders wonder whether Friday’s breakdown below the 200-day average was a temporary move or one that has legs.

The Euro to Dollar exchange rate risks further losses this week as the technical setup breaks down, and it will only be on Friday when a potential market-shifting U.S. PCE inflation figure is released.

The Pound to Dollar exchange rate's technical setup has broken down, and further weakness is likely in a week dominated by the release of the U.S. PCE inflation report.

With UK inflation not offering much direction for the Pound to Dollar, all eyes now turn to the Federal Reserve policy update, due at 18:00 UK time.

"A Sterling reputation" is the title of a new report from Goldman Sachs, in which the company announces an upgrade to its forecasts for the Pound to Dollar exchange rate.

The Euro's rebound against the Dollar appears to have run its course and downside impulses are expected during the coming week, particularly if Wednesday's Federal Reserve decision proves hawkish.

Pound Sterling has retreated from its March highs against the Dollar and risks a further setback if UK inflation disappoints and the Federal Reserve strikes a hawkish tone.

Analysts at SEB, the Scandinavian lender and investment bank, say we are approaching the time for a EUR/USD breakout to lower levels.

The Euro to Dollar exchange rate remains set on an upward path, according to a new analysis from UOB.

The Pound to Dollar exchange rate's recent setback has been shallow and the broader backdrop remains supportive, says Fawad Razaqzada, an analyst at City Index.