News
Citi: Sell Euro-Dollar Rallies, Even if Warsh Fails the Hawks
1+ hour, 26+ min ago (329+ words) Images " Bruce G1001, reproduced under CC licensing With the countdown to Kevin Warsh's first FOMC truly on, we're hearing from seasoned strategists about how they're playing the currency reaction. Citi, one of the world's biggest prime currency dealers, says it thinks…...
Pound-to-Canadian Dollar Forecast: Something for the Bulls
1+ day, 1+ hour ago (506+ words) Image " Adobe Stock Of all the charts we've studied for our Week Ahead Forecast series for today, GBP/CAD is the most interesting as there's a solid move underway that brings fresh multi-week highs to the table. The pound-to-Canadian dollar…...
Pound-New Zealand Dollar Week Ahead Forecast: Recovery Encounters Turbulence
1+ day, 2+ hour ago (662+ words) Image " Adobe Stock The New Zealand dollar starts the new week in strong fashion and is a leader in the G10 currency bloc on reports Strait of Hormuz will be reopened this week, a welcome development for eastern energy importers like…...
Euro-to-Dollar Forecast for the Week Ahead: Recovery Scoped
1+ day, 4+ hour ago (756+ words) The euro-to-dollar exchange rate could extend its recovery in the coming days, although technical resistance overhead suggests gains may prove difficult to sustain. EUR/USD rises to 1. 1607 at the start of the new week as investors welcome progress in Middle…...
Pound-to-Dollar Week Ahead Forecast: Peace Deal Paves Path to Higher Levels
1+ day, 6+ hour ago (756+ words) Image " Adobe Stock The U. S. and Iran have agreed on the outline of a transitional peace deal - it's a major stepping stone to a final accord - that can allow for the normalisation of oil and gas exports from the Middle East....
Pound-to-Euro Week Ahead Forecast: Trump's Peace Deal Presents Downside Risks
1+ day, 9+ hour ago (857+ words) It's therefore a packed week ahead for the pound to euro exchange rate (GBP/EUR), and already we've seen some nervy behaviour during Asian trade, with the pair bobbing between a high of 1. 1594 and a low of 1. 1554. That initial volatility…...
Pound Sterling Shored Up by Sentiment Upswing, But Macro Headwinds Linger
4+ day, 8+ hour ago (670+ words) Pound sterling hovers just below "1. 1590, leaving it poised to launch an attack on its technical nemesis, the 1. 16 barrier. The pound to euro exchange rate is therefore holding a bullish near-term setup, consolidating near the top of its long-running range, helped…...
London FX Open: GBP Firm Amidst Renewed Iran Escalation
5+ day, 9+ hour ago (108+ words) Image " Adobe Images GBP/USD holds onto post-inflation gains. Midweek inflation data from the U. S. showed little sign of a significant inflationary shock stemming from the war, with core inflation actually undershooting expectations on the month. That will cool Fed rate…...
Why Pound-Dollar Rose After Strong U. S. Inflation Print
6+ day, 2+ hour ago (455+ words) Image " Adobe Images The dollar is softer on the day the U. S. announces inflation rose 0. 5% in June alone, taking the headline annual rate to 4. 2%. All were in line with expectations. That's well above the Fed's target and is consistent with a…...
Australian Dollar Weakness Propels GBP/AUD To Major Level
6+ day, 7+ hour ago (478+ words) Image " Adobe Stock GBP/AUD rises to 1. 9087 in midweek trade amidst the Aussie's retreat, taking the pair above the important 100-day moving average and signalling that the downtrend of 2026 is at risk of failure. The rally from the May low…...