Currency exchange analysts at Barclays Bank forecast the Pound to Dollar (GBP/USD) exchange rate will weaken to 1.21 in the short term outlook. The shift in US interest rate expectations has continued ...

Foreign exchange strategists at Danske still expect the Pound to Euro (GBP/EUR) exchange rate will slide to 1.1240 in the next twelve months. In contrast, BNP Paribas expects GBP/EUR will strengthen ...

Overall interest rate expectations continue to drive major currencies. The bias on Thursday has been greater confidence in early Bank of England rate cuts, allied with some doubts whether the ECB will ...

The Pound to Dollar (GBP/USD) exchange rate dipped further to 5-month lows just above 1.2400 on Tuesday before a recovery to 1.2470 after the latest UK data. Expectations of near-term Federal Reserve ...

Foreign exchange analysts at ING no longer expect the Euro to Dollar (EUR/USD) exchange rate to trade above 1.10 this year. Barclays expects a 1.05-1.06 range over the next few months. Credit Agricole ...

A lull in geopolitics and the Iran/Israel conflict has allowed markets to re-focus on the other main theme – inflation and central bank plans to cut rates. Tuesday’s session brought a raft of central ...

Following this week’s developments, US Dollar bears have been forced into hibernation. ING has dropped its forecast that the Euro to Dollar (EUR/USD) exchange rate will trade above 1.10 this year.

RBC Capital Markets forecasts that the Pound to Euro exchange rate (GBP/EUR) will weaken to 1.1365 at the end of 2024, with UK fundamentals still fragile. In contrast, MUFG sees scope for further ...

Pound Volatility to Remain Elevated, GBP/USD Attempts to Recover from 4-Month Lows The Pound to Dollar exchange rate (GBP/USD)came under sustained pressure on Friday with a slide below 1.1500 and ...

There was choppy Pound trading after Tuesday’s UK data, but the Pound to Euro exchange rate (GBP/EUR) secured a slight net advance to just above 1.1720. UK labour-market data was mixed with markets ...

After failing to make a significant challenge on 1.1700 on Wednesday, the Pound to Euro (GBP/EUR) exchange rate dipped to just below 1.1670 before a fresh recovery to 1.1690 on Thursday. Solid UK ...

Investment banks overall have tended to downgrade their Pound to Dollar exchange rate forecasts (GBP/USD). Credit Agricole and RBC Capital Markets were already forecasting 1.25 and 1.24 respectively ...