STORY LINK Pound to Dollar Rate Outlook: "Risks are Biased Towards U.S. Dollar Losses" The US Dollar lost some ground on Monday with strong evidence of Bank of Japan intervention to support the yen ...
STORY LINK US Dollar Outlook: Fed 2024 interest rate cut "starting to look increasingly more out of reach" The Pound to Dollar exchange rate (GBP/USD) was unable to hold 1.2500, but did find support ...
Foreign exchange strategists at Danske still expect the Pound to Euro (GBP/EUR) exchange rate will slide to 1.1240 in the next twelve months. In contrast, BNP Paribas expects GBP/EUR will strengthen ...
STORY LINK Pound to Dollar Week Ahead Forecast: "Further GBP Weakness in Coming Weeks" Foreign exchange strategists at HSBC forecast the Pound to Dollar (GBP/USD) exchange rate to slide back below ...
Goldman Sachs has lowered its 6-month Euro to Dollar (EUR/USD) exchange rate forecast to 1.05 from 1.10 previously. Other investment banks expect a firm dollar, but consider that a EUR/USD slide to ...
Currency exchange analysts at Barclays Bank forecast the Pound to Dollar (GBP/USD) exchange rate will weaken to 1.21 in the short term outlook. The shift in US interest rate expectations has continued ...
Although the US Dollar has posted 34-year highs against the Japanese Yen, the US currency has not been able to sustain the advance against European currencies. The dollar index overall has retreated ...
European currencies have recovered some ground on Tuesday with increased optimism that strength in services will lead to a rebound in the economy. Equities have also posted net gains with the FTSE 100 ...
The British Pound Sterling recovered ground on Tuesday following firm data for the services sector while comments from Bank of England (BoE) chief economist Pill were more hawkish than expected. The ...
Foreign exchange analysts at HSBC expect that the Pound to Dollar (GBP/USD) exchange rate will slide back below 1.24 in the near-term outlook. According to the bank; “We look for further GBP weakness ...
Solid UK business confidence data, together with weaker-than-expected US data has triggered a sharp Pound rally on Tuesday with the current market narrative of US economic out-performance under fresh ...