US Dollar Forecast

Pound Sterling has now reached elevated levels against the U.S. Dollar and will need Thursday's U.S. inflation release to be soft if it is to break fresh ground.

Pound Sterling starts the new week with a solid advance against the Dollar, although a busy U.S. data calendar and the UK's elections could offer up some volatility.

Pound Sterling Live and Corpay have launched the midyear forecast collation for the Pound to Dollar exchange rate.

What is the Euro to Dollar forecast for the week ahead? We think there is scope for a near-term rebound, although it should be shallow as the Euro will likely remain under pressure heading into the French elections.

What is the Pound to Dollar exchange rate forecast for the coming week? We think the Pound will remain vulnerable to further weakness but Friday could see a rebound if a key inflation reading comes in soft.

Pound Sterling will weaken against the Dollar to levels last seen in May, according to a new analysis.

The Euro to Dollar exchange rate is forecast to remain under pressure in the coming days amidst French political uncertainty.

The Pound to Dollar exchange rate faces three key tests in the coming week: French political risk, UK inflation (Wednesday) and the Bank of England decision (Thursday).

The US dollar continues to show robust strength supported by its high yield and geopolitical considerations, while the euro faces headwinds that are likely to keep the EUR/USD exchange rate within a narrow range, according to Deutsche Bank's George Saravelos.

What is the Pound to Dollar forecast for the week ahead? We expect the Pound to potentially test the $1.28 level thanks to strong technical momentum and a potential undershoot in the all-important U.S. job report.

What is the Euro to Dollar exchange rate's forecast for the week ahead? We forecast a test of 1.09 and a potential breakout from the May range, but U.S. labour market numbers must come in weak.

The USD/JPY is nearing intervention territory as it climbs above 157.00. Are we going to see a re-test of 160.00? asks Fawad Razaqzada, Market Analyst at City Index and FOREX.com.

The Euro to Dollar exchange rate is forecast to maintain a constructive feel in the week commencing May 24. However, inflation measures from both the Eurozone and the U.S. will make for volatile trading at the end of the week.

The Pound to Dollar exchange rate is forecast to extend its journey towards the top end of its 2024 range in the coming days, but a strong PCE inflation print at the end of the week could upend the rally.

The Euro to Dollar exchange rate could soon see a technical "bullish continuation" move toward 1.1000 writes Forex.com's Global Head of Research, Matthew Weller.

The Euro to Dollar exchange rate can fade lower from recent highs over the coming days before taking another leg higher.

The Pound to Dollar exchange rate has entered a short-term uptrend that can extend over the coming days, particularly if UK service inflation figures disappoint on Wednesday.

Unsurprisingly, the EUR/USD has fallen back amid profit-taking after Wednesday’s data-driven rally. But with several key resistance levels broken, the path of least resistance remains to the upside.

Pound Sterling looks at risk of a near-term pullback and consolidation against the Dollar, but further gains the bigger picture is one of an increasingly bullish technical setup as indicators advocate for further advances.

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.