Currency Converter

Currency Converter



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

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

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

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

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

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

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

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

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