US Dollar Forecast

The Dollar's April-May bout of weakness is a temporary phenomenon and the Euro to Dollar exchange rate can be expected to edge lower.

The Euro has now completed four consecutive weekly advances that speak of ongoing resilience which can continue if the midweek release of U.S. inflation and retail sales data underwhelms.

It's off the races for the Pound to Dollar exchange rate if Wednesday's U.S. inflation print undershoots expectations.

The Euro to Dollar exchange rate's downward bias is tipped by analysts to remain intact ahead of next week's important U.S. inflation release.

Investment bank Goldman Sachs has lowered its forecasts profile for the British Pound, saying expectations for future UK interest rate levels are less supportive than was previously the case.

The Pound to Dollar exchange rate's late-week slump is an ominous sign and points to the potential for losses in the coming days.

The Federal Reserve launched the Euro-Dollar higher, only to splatter it into a strong technical glass ceiling.

The Euro to Dollar exchange rate looks at risk of further weakness in the coming five days, particularly if Eurozone inflation data undershoots.

The Pound to Dollar exchange rate recovered last week but was unable to hold 1.25, and a hawkish Federal Reserve update and a strong payroll print could result in more of those gains being returned.

The Bank of England is turning dovish as there is further disinflation in the pipeline in the UK, which should keep the Pound under pressure.

The Euro to Dollar exchange rate is forecast to trade at higher levels this week, although the bigger picture remains one of weakness into the 1.05 level.

The Pound to Dollar exchange rate is forecast to recover recent losses in the coming week, with focus falling on UK PMI data and U.S. PCE inflation numbers.

The European Central Bank could be forced to raise interest rates again in 2024 should Middle East tensions escalate and energy prices spike, but analysts warn hikes would result in a weaker Euro.

Institutional analysts are revising lower their forecasts for the Euro against the Dollar following a recent reappraisal of where interest rates in the U.S. and Eurozone are headed in the coming months.

The Euro to Dollar exchange rate is on course to break below 1.05, according to a new analysis from Société Générale.

Last week's heavy losses for the Euro against the Dollar open the door to further declines in the coming days.

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.