# Barclays 2019 Forecast Update: U.S. Dollar to Remain Dominant as Brexit Weighs on GBP

> Barclays' 2019 outlook expects the US dollar to remain the dominant currency as the Federal Reserve keeps raising rates. It expects sterling to remain weighed down by Brexit uncertainty and the euro to hit new lows as the ECB outlook darkens.

- Date: 2018-12-11 · published 2018-12-11T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/61816-barclays-2019-forecast-update-u-s-dollar-to-remain-dominant-as-brexit-weighs-on
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A forecast of continued dollar strength would raise the local-currency cost of dollar-priced feed ingredients in Europe and other non-dollar markets. It is a forecast rather than a new market event, so the impact is modest.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-01-13 | [CBA's Australian Dollar Forecasts 2017: USD to Rule but AUD to Advance on EUR, GBP](https://feedsoft.ai/events/73255-cba-s-australian-dollar-forecasts-2017-usd-to-rule-but-aud-to-advance-on-eur-gbp.md) | -0.5% | -1.2% |
| DXY | 2024-11-14 | [Rising dollar and rain forecasts weigh on US wheat](https://feedsoft.ai/events/27444-rising-dollar-and-rain-forecasts-weigh-on-us-wheat.md) | -0.1% | -0.0% |
| DXY | 2024-04-29 | [A Strong U.S. Dollar Weighs on the World](https://feedsoft.ai/events/30905-a-strong-u-s-dollar-weighs-on-the-world.md) | -0.7% | -1.1% |
| DXY | 2019-05-24 | [ING: U.S. Dollar to Remain Supported as Markets for a Fed Rate Cut are Misplaced](https://feedsoft.ai/events/59252-ing-u-s-dollar-to-remain-supported-as-markets-for-a-fed-rate-cut-are-misplaced.md) | +0.4% | -1.2% |
| DXY | 2021-02-28 | [Pound-Dollar Week Ahead Forecast: Resetting Sights on 1.43 2018 High as Bond Market Dust Settles](https://feedsoft.ai/events/48881-pound-dollar-week-ahead-forecast-resetting-sights-on-1-43-2018-high-as-bond.md) | +0.8% | +0.8% |
| EURUSD | 2018-09-30 | [The British Pound, Euro And US Dollar (GBP, EUR, USD) Exchange Rate Forecasts - Brexit Update \| Exchange Rates UK](https://feedsoft.ai/events/63290-the-british-pound-euro-and-us-dollar-gbp-eur-usd-exchange-rate-forecasts-brexit.md) | -1.0% | -2.0% |
| EURUSD | 2016-12-28 | [Euro To Dollar Forecast: Rally In EUR USD Exchange Rate Falters And 2017 Looks Bearish](https://feedsoft.ai/events/73670-euro-to-dollar-forecast-rally-in-eur-usd-exchange-rate-falters-and-2017-looks.md) | +0.2% | +2.2% |
| EURUSD | 2024-09-23 | [US Dollar Forecast: EUR/USD Falls as Weak Eurozone Data Fuels ECB Rate Cut Bets \| FXEmpire](https://feedsoft.ai/events/28531-us-dollar-forecast-eur-usd-falls-as-weak-eurozone-data-fuels-ecb-rate-cut-bets.md) | 0.0% | -3.0% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/free-live-charting-service-pound-sterling-live/10509-barclays-2019-forecast-update-u-s-dollar-to-remain-dominant-as-brexit-weighs-on-gbp

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.