After initial strength on French political concerns, ING is still forecasting that the Pound to Euro exchange rate (GBP/EUR) will weaken to 1.1365 on a 12-month...
* This article was originally published here
Sunday, June 30, 2024
Saturday, June 29, 2024
Friday, June 28, 2024
Thursday, June 27, 2024
Pound to Dollar Exchange Rate Forecasts: Fed and Bank of England Crucial
RBC Capital Markets' currency analysts expect GBP/USD will weaken to 1.23 at the end of this year with further losses to 1.19 at the end of 2025.
Although Pound...
* This article was originally published here
* This article was originally published here
Wednesday, June 26, 2024
Tuesday, June 25, 2024
Monday, June 24, 2024
Euro to Dollar Week Ahead Forecast: 1.04-1.09 Ranges Over Next Three Months
Nordea forecasts that the Euro to Dollar (EUR/USD) exchange rate will weaken to 1.04 on a 3-month view as the Federal Reserve rules out near-term interest...
* This article was originally published here
* This article was originally published here
Sunday, June 23, 2024
Saturday, June 22, 2024
Pound to Euro Week Ahead Forecast: 1.1365 in Next 6-12 Months
Foreign exchange analysts at Morgan Stanley expect the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.2200 by the end of 2025.
Danske Bank still expects a...
* This article was originally published here
* This article was originally published here
Friday, June 21, 2024
Pound Sterling Resilient vs Euro and Dollar Despite Cooling Labour Market
There was a muted reaction to the mixed UK labour-market data, but markets considered that an August Bank of England (BoE) rate hike was slightly more likely.
The...
* This article was originally published here
* This article was originally published here
Thursday, June 20, 2024
Wednesday, June 19, 2024
Tuesday, June 18, 2024
Monday, June 17, 2024
Pound to Euro Rate Corrects
The Pound to Euro exchange rate (GBP/EUR) surged to 22-month highs just above 1.1900 last week before a correction to 1.1835 on Monday.
Political and economic risks will...
* This article was originally published here
* This article was originally published here
Sunday, June 16, 2024
Saturday, June 15, 2024
Friday, June 14, 2024
Thursday, June 13, 2024
Wednesday, June 12, 2024
Tuesday, June 11, 2024
Monday, June 10, 2024
Sunday, June 9, 2024
Bank of Canada Rate Cut
The Bank of Canada’s policy interest rate of 5.0% since July 2023 has been cut to 4.75% in a move to lessen the degree of policy restraint. However, balance sheet normalization is to continue, and the released statement notably does not commit to any particular timetable of ensuing changes. Recent data has increased our confidence […]
* This article was originally published here
* This article was originally published here
Saturday, June 8, 2024
Pound Sterling Outlook Today: Interest Rate Expectations Dominate GBP vs EUR, USD
The Pound to Dollar exchange rate (GBP/USD) has made further headway and traded around 1.2765 on Tuesday, close to 2-month highs near 1.2785.
The Pound has continued...
* This article was originally published here
* This article was originally published here
Friday, June 7, 2024
Thursday, June 6, 2024
Wednesday, June 5, 2024
Pound to Euro Hits 10-Day Best Exchange Rate Pricing
Pound Sterling (GBP) held firm against the Euro (EUR) on Friday with positioning ahead of a major week of UK data next week a key element in currency...
* This article was originally published here
* This article was originally published here
Tuesday, June 4, 2024
Monday, June 3, 2024
Pound to Euro Rockets to 2-Month Best as Snap UK General Election Called
Although the UK inflation rate declined sharply for April with the lowest headline reading for close to three years, the decline was smaller than expected and...
* This article was originally published here
* This article was originally published here
Sunday, June 2, 2024
Saturday, June 1, 2024
Pound to Dollar Exchange Rate Forecast: 1.25 by End 2024 say Credit Agricole
Standard Chartered forecasts that the Pound to Dollar exchange rate (GBP/USD) will weaken to 1.21 in three months with only a marginal recovery to 1.22 on a 12-month...
* This article was originally published here
* This article was originally published here
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