US Dollar Forecast

The British Pound can extend a short-term recovery against the U.S. Dollar amidst growing confidence the worst-case universal tariff scenario is off the table. But the recovery will be tested mid-week by the Federal Reserve interest decision.

The Euro is rising against the Dollar as President Donald Trump indicates there is room to negotiate on tariffs, lowering the odds of a fall to parity in value.

Pound Sterling's relief rally against the Dollar comes amidst signs Donald Trump is taking a measured approach to tariffs. But analysts caution this is a reprieve, not a trend change.

EUR/USD is rising at the start of the week, but technical momentum and fundamental risks associated with the new Trump presidency leave us forecasting more weakness.

Pound Sterling is forecast to remain under pressure against the Dollar in a week that sees the new U.S. President take office.

The Pound to Dollar exchange rate will end the year higher, according to the consensus. However, analysts at HSBC reckon this is way too optimistic.

EUR/USD is on a journey to parity, but we could see some relief this week if Friday's U.S. job data fails to cross a high bar.

The Pound to Dollar exchange rate has been under considerable pressure, but there is increasing prospect for a small recovery.

The Euro to Dollar exchange rate could fall to an "ultimate target" below 1.00 according to a new analysis.

The U.S. dollar is poised for a promising start to 2025, however, a period of unchecked gains is likely to end as the year progresses.

A new report from Bank of America forecasts a divided performance for the US dollar in 2025, characterised by strength in the first half of the year, followed by a weakening trend in the second half.

January is typically a poor month for the Euro to Dollar exchange rate (EUR/USD).

The Euro will likely remain under pressure against the U.S. Dollar through the Christmas period.

Pound Sterling is finding its feet against the U.S. Dollar following last week's dip.

GBP/USD exchange rate looks set to carve out a shallow rebound in the coming days, but this mustn't be mistaken for strength.

The Euro to Dollar exchange rate (EUR/USD) has formed a base following the sharp selloff of October and November. But it is too soon to suggest an outright recovery is underway.

A short-term rebound in the Pound to Dollar exchange rate looks set to extend this week. The U.S. inflation data release is the key focus.

Pound Sterling is a buy against the Dollar say strategists at Danske Bank.

The Euro would be looking to extend a recent recovery against the Dollar were it not for USD-supportive tariff threats from President-elect Donald Trump over the weekend. In addition, a crunch moment for France's government makes it difficult for the EUR to justify higher levels.

GBP/USD could come under renewed pressure as a recent relief-style rally fades on fresh Trump talk and U.S. data is set to come back into focus.