Overall interest rate expectations continue to drive major currencies. The bias on Thursday has been greater confidence in early Bank of England rate cuts, allied with some doubts whether the ECB will ...
Pound Volatility to Remain Elevated, GBP/USD Attempts to Recover from 4-Month Lows The Pound to Dollar exchange rate (GBP/USD)came under sustained pressure on Friday with a slide below 1.1500 and ...
RBC Capital Markets forecasts that the Pound to Euro exchange rate (GBP/EUR) will weaken to 1.1365 at the end of 2024, with UK fundamentals still fragile. In contrast, MUFG sees scope for further ...
Following this week’s developments, US Dollar bears have been forced into hibernation. ING has dropped its forecast that the Euro to Dollar (EUR/USD) exchange rate will trade above 1.10 this year.
There was choppy Pound trading after Tuesday’s UK data, but the Pound to Euro exchange rate (GBP/EUR) secured a slight net advance to just above 1.1720. UK labour-market data was mixed with markets ...
Investment banks overall have tended to downgrade their Pound to Dollar exchange rate forecasts (GBP/USD). Credit Agricole and RBC Capital Markets were already forecasting 1.25 and 1.24 respectively ...
Foreign exchange strategists at Nordea expect that the Pound to Dollar exchange rate (GBP/USD) will secure a limited advance to 1.29 at the end of 2024. MUFG and NatWest have similar forecasts of 1.30 ...
Foreign exchange analysts at MUFG forecast that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.12 at the end of 2024 as the Fed cuts rates. In contrast, Credit Agricole expects a ...
Currency strategists at Nordea forecast that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.19 at the end of 2024 with a further advance to 1.22 at the end of 2025. MUFG, however, ...
The Pound to Dollar (GBP/USD) exchange rate has edged higher to near 1.2685 on Tuesday as the dollar has lost ground against European currencies. US yields have continued to move in favour of the ...
The US inflation data dominated markets on Wednesday. The dollar edged lower into the latest consumer prices release amid hopes for a moderation in inflation, but there was a sharp and substantial ...
Currency strategists at Nordea forecast that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.19 at the end of 2024 with a further advance to 1.22 at the end of 2025. MUFG, however, ...