US Dollar Forecast

Euro-Dollar is trending lower and the balance of probabilities favours another weekly loss for the exchange rate as markets factor in a delayed start to the Federal Reserve's interest rate cutting cycle.

The Pound to Dollar exchange rate risks further declines over the coming week unless Monday's release of ISM employment figures dents the Dollar's advance.

EUR/USD under pressure near-term, but solid support could frustrate further weakness.

GBP/USD volatility is unusually low, rendering the exchange rate primed for a break-out.

The Euro to Dollar exchange rate looks vulnerable to further declines over the coming days, with attention falling on the European Central Bank interest rate decision and the release of a key inflation gauge in the U.S.

The British Pound could come under further pressure against the U.S. Dollar over the coming days amidst an ongoing reassessment of Federal Reserve policy and concerns centred around the strength of the UK economy.

Independent research company Capital Economics says, "Sterling has further to fall against the U.S. Dollar."

Despite the calmer conditions in the stock market, the selling pressure on the EUR/USD has resumed, writes Fawad Razaqzada, Market Analyst at City Index.

EUR/USD at risk of further Fed rate cut repricing, seen capped at 1.10.

GBP/USD capped by sizeable resistance, analysts see risks of a retreat.

The Dollar has not run out of gas just yet and should lead the pack in 2024, according to new research from HSBC.

The market remains too optimistic about the prospect of Federal Reserve rate cuts, and disappointment will lead to a notably weaker Euro over the first quarter of 2024.

Foreign exchange markets are underestimating the European Central Bank's resolve to maintain interest rates at current levels through the first part of 2024, according to a new analysis.

The Euro to Dollar exchange rate is unlikely to hold gains above 1.10 over the coming days, according to a new analysis. However, a weak U.S. inflation report on Thursday could keep the pair supported above 1.09 into the weekend.

The Pound to Dollar exchange rate is in a short-term uptrend that can extend over the coming days, provided global market sentiment remains stable, and the U.S. inflation report due Thursday proves a tame affair.

The consensus sees 2024 as a year when the Dollar will gradually ease as a slowing economy and falling inflation allow the Federal Reserve to reverse some of the recent interest rate hikes it delivered.

It's a counter-consensus call for U.S. Dollar strength in 2024 from one of the world's banking giants, resulting in the Euro to Dollar exchange rate ending the year closer to parity than 1.10.

Recent events have overtaken Goldman Sachs's base-case assumptions for 2024, and economists at the Wall Street bank have announced adjustments to their dollar forecasts before the new year begins.

EURUSD respects overhead resistance, but setup still supportive.

Dollar weakness is a conviction call for 2024 at Amundi, Europe's largest asset manager.