Monday, June 30, 2025

Pound-to-Euro Rate Slips as UK Disposable Income Slumps

The Pound Euro (GBP/EUR) exchange rate fell on Monday as positive UK GDP was undermined by falling household incomes. At the time of writing, GBP/EUR was trading at...

* This article was originally published here

Saturday, June 28, 2025

Pound to Dollar Rate Dips Then Reverses Losses to 1.348

The Pound US Dollar exchange rate drifted lower amid Monday’s risk-off flows and following both the UK’s and the US’s latest S&P PMIs. At the time of...

* This article was originally published here

Friday, June 27, 2025

US Strikes on Iran: Dollar Pares Gains Against Euro, Pound Sterling

The market response to the US military strike on Iran has been relatively contained with the dollar making only limited net gains and trading below initial...

* This article was originally published here

Wednesday, June 25, 2025

Pausing While Watching Middle East and Awaiting Second Round of Powell Testimony

A fragile truce in the Iran-Israeli military conflict is mostly holding. Today is day two of a three-day NATO summit in The Hague. Agreement on a sharp increase in defense spending heads the agenda. In the wake of Middle Eastern developments over the past week, U.S. President Trump’s reception has been unexpectedly positive from what […]

* This article was originally published here

Saturday, June 21, 2025

Euro to Dollar Forecast: 1.16 by 2026, 1.20 by 2027 say Investment Bank

Commerzbank forecasts that the Euro to Dollar exchange rate (EUR/USD) will advance to 1.16 at the end of this year and 1.20 by the end of 2026. Morgan Stanley expects...

* This article was originally published here

Thursday, June 19, 2025

Several Central Banks Deterred from Cutting Interest Rates by Geopolitical Strains and Tariff Policy Uncertainty

The policy interest rate of the State Bank of Pakistan was maintained at 11.0%. That’s just half of the 22.0% peak level during the 12 months ending in June 2024 but still twice the 5.75% low touched in 2016. Pakistani CPI inflation last month was at 3.5%, below the central bank’s target and in line […]

* This article was originally published here

Saturday, June 14, 2025

A New South Korean President, Central Bank Developments, Service Sector PMIs, and Anticipating U.S. Jobs Data

Lee Jae-Myung, a former human rights lawyer who successfully led opposition to South Korean martial law and  favors pragmatic diplomacy, has been elected to a 5-year term as the country’s next president. The South Korean Kospi stock market index jumped 2.7% today, and the won appreciated 0.9% against the dollar on the lessening of political […]

* This article was originally published here

Thursday, June 12, 2025

Euro to Dollar Forecast: EUR Dips to 1.1370 on USD Short-Covering

The Euro to Dollar (EUR/USD) exchange posted net losses after the latest US jobs data, although the dollar still struggled for sustained support. After stalling above...

* This article was originally published here

Tuesday, June 10, 2025

Pound to Dollar Week Ahead Forecast: 1.34-1.36 Range in 2025

Most investment banks see scope for further dollar losses over the next few months, but are doubtful whether the Pound can take much further advantage given domestic...

* This article was originally published here

Monday, June 9, 2025

Pound to Euro Week Ahead Forecast: 1.15 Over Next 12 Months

Foreign exchange strategists at Rabobank expect the Pound to Euro exchange rate (GBP/EUR) to hit selling interest close to 1.19 and retreat gradually to 1.15 on a 12-month...

* This article was originally published here

Sunday, June 8, 2025

GBP/USD Forecast: Pound Sterling has "Ample Room for Further Gains"

The Pound to Dollar exchange rate (GBP/USD) was dented on Tuesday as the US released its latest Job Openings and Labor Turnover survey (JOLTs). The US Dollar (USD)...

* This article was originally published here

Thursday, June 5, 2025

GBP/USD Forecast: Dollar Drifts, Pound Underpinned by British Services PMI

The Pound to Dollar exchange rate (GBP/USD) held strong on Wednesday after the UK’s final services PMI was revised higher for May. At the time of writing, GBP/USD...

* This article was originally published here