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...
* This article was originally published here
Tuesday, April 30, 2024
Monday, April 29, 2024
Sunday, April 28, 2024
Saturday, April 27, 2024
Friday, April 26, 2024
Investors Reacting to Several Different Factors
The International Monetary Fund gave a thumbs down to the growing consideration by Japanese officials of implementing currency market operations to blunt yen weakness. Japan’s currency is hovering at its weakest levels against the dollar since 1990, and Japanese CPI inflation has exceeded the 2.0% central bank target since April 2022. Nonetheless, the IMF warns […]
* This article was originally published here
* This article was originally published here
Thursday, April 25, 2024
Spotlight on Middle East Tensions and Fed Policy Intentions
As promised, Israel responded to Iran’s prior missile attack, but the retaliation thus far has been tempered — just a few drone attacks against an Iranian military base near Isfahan that were shot down. Damages were light, and neither Israeli nor Iranian media are fanning the incident, which provoked initial financial confusion that helped depress […]
* This article was originally published here
* This article was originally published here
Wednesday, April 24, 2024
Tuesday, April 23, 2024
Monday, April 22, 2024
Pound to Dollar: Sticky UK Services Inflation Boosts Sterling Exchange Rates
The Pound to Dollar (GBP/USD) exchange rate dipped further to 5-month lows just above 1.2400 on Tuesday before a recovery to 1.2470 after the latest UK data....
* This article was originally published here
* This article was originally published here
Sunday, April 21, 2024
Saturday, April 20, 2024
Friday, April 19, 2024
Thursday, April 18, 2024
Euro US Dollar Exchange Rate Forecast to Recover to 1.10: Nomura
Following this weekâs developments, US Dollar bears have been forced into hibernation. ING has dropped its forecast that the Euro to Dollar (EUR/USD) exchange rate...
* This article was originally published here
* This article was originally published here
Wednesday, April 17, 2024
Euro US Dollar Exchange Rate Forecast to Hit 1.10 in Six Months: Goldman Sachs
Foreign exchange analysts at Danske Bank see scope for the Euro to Dollar exchange rate (EUR/USD) to strengthen to 1.10 on a 2-month view, but forecasts a fresh...
* This article was originally published here
* This article was originally published here
Tuesday, April 16, 2024
Monday, April 15, 2024
Pound to Euro Exchange Rate Close to One-Week Lows as UK/Euro-Zone Performance Gap Narrows
The Pound to Euro (GBP/EUR) exchange rate dipped to 1-week lows near 1.1650 on Wednesday before a tentative recovery and was held below 1.1660 on Thursday.
The latest...
* This article was originally published here
* This article was originally published here
Sunday, April 14, 2024
Saturday, April 13, 2024
Why Pound Sterling Should Rise in April and then Fall in May
The Pound to Dollar exchange rate (GBP/USD)was unable to make any headway into the New York open, but received a significant boost after weaker-than-expected US...
* This article was originally published here
* This article was originally published here
Friday, April 12, 2024
Thursday, April 11, 2024
Spectacular U.S. Jobs Report Underscores Superiority of America’s Economy
Whereas share prices have fallen compared to Thursday closing levels by 2.0% in Japan, 1.7% in Spain, 1.5% in Italy, 1.4% in Germany and Great Britain, 1.0% in South Korea, and 0.6% in Australia and Taiwan, the DOW and U.S. S&P 500 show gains of 0.6%, and the tech-intensive Nasdaq index is up 1.1% thus […]
* This article was originally published here
* This article was originally published here
Wednesday, April 10, 2024
Tuesday, April 9, 2024
Monday, April 8, 2024
Pound to Euro Rate Slips to 1.166 as BoE Edges Closer to Rate Cut
A slightly more dovish Bank of England policy stance undermined the Pound on Thursday while there were mixed Euro developments.
The Pound to Euro (GBP/EUR) exchange rate...
* This article was originally published here
* This article was originally published here
Sunday, April 7, 2024
Saturday, April 6, 2024
Friday, April 5, 2024
Pound to Euro Exchange Rate Forecast: GBP/EUR Slides as BoE Speculation Builds
The Pound to Euro (GBP/EUR) exchange rate retreated after Thursdayâs Bank of England (BoE) policy decision and selling has continued to Friday with markets more confident...
* This article was originally published here
* This article was originally published here
Thursday, April 4, 2024
Wednesday, April 3, 2024
Tuesday, April 2, 2024
Monday, April 1, 2024
Japanese Finance Ministry Amps Up Threat of Yen Intervention Support
With the yen down 12.5% against the dollar so far this quarter and hovering not far from a its three-decade low, Japanese Vice Minister for International Affairs Masato Kanda made a not-subtle threat of direct intervention purchases of the currency. The weakening of the yen is not in line with fundamentals and is clearly driven […]
* This article was originally published here
* This article was originally published here
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