GBP EUR Forecast: Pound Euro Exchange Rate Lower on Eve of Fed Policy Meeting
Pound Sterling (GDP) and the Euro (EUR) made gains against the US Dollar (USD) as market bets against a Fed hike in interest rates increased ahead of the central bank’s next policy meeting. After a...
View ArticleAustralian Dollar Pound Forecast: New RBA Governor to Face Scrutiny
Demand for the Australian Dollar was supportively high over Wednesday’s trading session, although mainly on account of the seriously devalued state of the US Dollar. The Pound made little in the way of...
View ArticleGBP/USD Exchange Rate Gains on the Back of Mixed Messages From the Federal...
The Pound (GBP) to US Dollar (USD) exchange rate has seen an uptrend after yesterday’s Federal Reserve meeting resulted in a vote to postpone a rate hike, allowing Sterling some breathing room as...
View ArticleUS Dollar Japanese Yen Long-Term Forecast: Japanese Government Intervention...
US Dollar Japanese Yen Rates Hover Around 101.00 By the end of the week’s European session, the US Dollar Japanese Yen exchange rate had reached the key level of 101.00, where it fluctuated relatively...
View ArticleEuro US Dollar Forecast: German Economic Health and US Rate Hike Odds in...
The Euro was able to hold its ground after recent German PMIs declined slightly, though the week to come is expected to provide a clearer picture of how the major Eurozone economy is faring at present....
View ArticlePound to Australian Dollar Forecast: Brexit Jitters Continue to Hamper...
Risk Aversion and Brexit Worries Kept GBP AUD Exchange Rate on Narrow Trend Risk appetite weakened in anticipation of the first US presidential debate, with markets increasingly jittery over the...
View ArticlePound Australian Dollar Forecast: Bank of England and RBA in Focus
The Pound managed to scrape some minor gains against the Australian Dollar during Wednesday’s trading session, though looking ahead, the Bank of England (BoE) may end up being a thorn in the side of...
View ArticlePound Canadian Dollar Exchange Rate Forecast: Oil Prices Causes Spike for CAD
OPEC Deal Helps Strengthen Canadian Dollar The Pound Canadian Dollar exchange rate plummeted yesterday as the possibility of OPEC finally reaching an agreement to curb oil production caused a spike in...
View ArticlePound Sterling Rand Exchange Rate Forecast: UK PMIs to Provoke GBP Volatility...
The Pound may well be shifted dramatically over the coming week, given the high-impact nature of impending UK ecostats. The Rand is less likely to make dramatic movements given the limited amount of...
View ArticleGBP NZD Exchange Rate Close to All-Time Low as PM Signals ‘Brexit’ to Begin...
The GBP NZD exchange rate came close to hitting the all-time low seen a couple of weeks ago as Prime Minister Theresa May committed to triggering article 50 of the Lisbon Treaty by the end of March...
View ArticlePound US Dollar Forecast: Volatility Likely on Incoming UK Services PMI
The Pound has been in an extremely poor position during trading today, with better-than-expected UK news doing little to raise confidence in Sterling. The latest US Dollar movements have been positive...
View ArticleAustralian Dollar New Zealand Dollar Long-Term Forecast: Overvalued AUD to...
The Australian Dollar New Zealand Dollar exchange rate has advanced by almost a cent thus far this week, hitting its highest level in over a month at 1.0630. While the pair has struggled to hold its...
View ArticleGBP AUD Exchange Rate Sees Slight Jump as Markets Become Risk Adverse
The GBP AUD exchange rate saw a slight uptick this morning after it hit a new three-year low yesterday. The pressure on the Australian Dollar (AUD) is largely caused by investors becoming dovish...
View ArticlePound Australian Dollar Long-Term Forecast: Further Lows Expected in 2017
The Pound to Australian Dollar exchange rate recovered slightly from its worst 2016 levels on Wednesday and Thursday. However, with Australia experiencing solid economic sentiment and Brexit jitters...
View ArticleEuro US Dollar Exchange Rate Forecast: German Data in Focus for Next Week’s...
While the present week’s Euro to US Dollar movement has generally been poor, the single currency could still advance during the week to come on a significant distribution of German economic...
View ArticleGBP AUD Exchange Rate Forecast: Quiet Week Ahead after Sterling Crash?
The GBP AUD exchange rate plummeted to its lowest levels since July 2013 on Friday, as Brexit jitters and a sharp drop in Sterling value presumed to have been caused by a trading error undermined GBP...
View ArticleGBP NZD Exchange Rate Plummets to New All-Time Low Following Pound Flash Crash
The GBP NZD exchange rate dropped to a record low this morning following a flash crash involving the Pound in last night’s Asian market. The exact reason for this crash is still a mystery but there is...
View ArticleGBP USD Exchange Rate Flash Crash Sends Cable to 31-Year Low
The GBP USD exchange rate was rocked last week by a mystery flash crash in the Asian markets in the early hours of Friday morning. The Pound (GBP) plunged by around ten cents against the US Dollar...
View ArticleGBP EUR Long Term Exchange Rates to Rebound as Investors Close Short Positions?
A shock crash in the Pound sent GBP EUR -2.2% lower recently, pushing Sterling further into oversold territory. Flash Crash Crumbles Pound; Will Oversold Sterling Manage a Recovery? Data from before...
View ArticlePound Advances against New Zealand Dollar despite Losses Continuing after...
The Pound has remained down against most of its regular peers today, though a sizable gain has nonetheless been recorded against the flagging New Zealand Dollar. On the part of the ‘Kiwi’, the latest...
View Article