News
Pound-to-Euro Consensus Forecast Points to Ongoing Weakness
7+ hour, 47+ min ago (417+ words) We have surveyed the world's leading investment banks to see where they expect the pound-to-euro exchange rate to end up in the coming quarters. The headline takeaway is that tier-one investment banks expect a steady depreciation: nothing spectacular but a…...
Pound-Dollar Pares Weekly Loss on Iran Talk Headlines
2+ day, 1+ hour ago (550+ words) It's reported Friday Abbas Araghchi, Iran's foreign minister, is due in Pakistan later today ahead of a second round of peace talks between the U. S. and Iran. Talks were expected to have taken place earlier in the week but Iran failed…...
Pound Risks Weakness as Bank of England Tipped to Reject Rate Hike Bets
2+ day, 3+ hour ago (570+ words) The Bank of England is expected to leave interest rates unchanged next week and fight market bets for at least two hikes before the end of the year. Such a challenge would mean next Thursday presents 'dovish' risks for the…...
New Zealand Dollar: RBNZ to Hike into a Waning Economy
3+ day, 5+ hour ago (746+ words) The New Zealand dollar is caught between two forces pulling in opposite directions: an imminent rate hiking cycle that is lifting it, and an economy weakening fast enough to question how long that cycle lasts. Auckland Savings Bank, one of…...
Euro-to-Dollar Consensus Forecast: Too Expensive Here, But Gains Further Out
3+ day, 9+ hour ago (416+ words) Pound Sterling Live's survey of investment bank forecasts shows that EUR/USD above 1. 1650 leaves it looking to expensive at this stage of the game. Our Q2 survey of euro-dollar forecasts is out and it offers a solid grounding for those watching…...
Pound-to-Dollar Consensus Forecast: Investment Banks See Upside
4+ day, 9+ hour ago (394+ words) That's the headline takeaway from Pound Sterling Live's survey of leading tier-1 investment bank pound-dollar forecasts, conducted during April on behalf of payments firm Horizon Currency. The data allows us to present the highest, lowest and average forecast of the…...
Euro-Dollar: ECB "Insurance Hike" Coming in June says ING
5+ day, 4+ hour ago (463+ words) The European Central Bank (ECB) won't raise interest rates next week, but should do so in June, according to a new analysis. "We now see the ECB announcing at least one insurance rate hike," says Carsten Brzeski, Global Head of…...
Pound Keeps Dollar at Bay On Hopes for Talks Breakthrough
5+ day, 5+ hour ago (539+ words) Vice President Vance will lead the U. S. in talks in Pakistan. File image: Gage Skidmore. Pound-dollar retreated to interim support at 1. 3480 on Monday and Tuesday and on both occasions found solid buying interest that keeps it afloat in the 1. 3480-1. 36 range. Price…...
New Zealand Dollar Underperformance to Persist, says OCBC
5+ day, 7+ hour ago (470+ words) In their latest FX forecast update, OCBC says the market expects too much from the Reserve Bank of New Zealand (RBNZ) and that it won't raise interest rates to levels currently expected by the market. "Market pricing has swung sharply…...
Consensus Pound-Euro Forecasts Reveal Diverging Bank Views
5+ day, 8+ hour ago (410+ words) Horizon Currency and Pound Sterling Live have released their latest consensus forecast survey report for pound-euro, highlighting a market that sees limited directional conviction in the near term but significant scope for moves in either direction over the coming year....