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German Elections: Euro Weakness vs British Pound and US Dollar Predicted to Fade Soon

German Elections: Euro Weakness vs British Pound and US Dollar Predicted to Fade Soon


With the Euro in focus following the German federal election result, we consider whether or not the single-currency has reached a turning point.

Euro

Pound to Euro Latest

1.1354▲

0.55%

Previous Close:

1.1292

Today's High:

1.1395

Today's Low:

1.1279

US Dollar

Pound to US Dollar Latest

1.3449▼

-0.32%

Previous Close:

1.3492

Today's High:

1.357

Today's Low:

1.3431

Australian Dollar

Pound to Australian Dollar Latest

1.6948▲

0.07%

Previous Close:

1.6937

Today's High:

1.7042

Today's Low:

1.6933

New Zealand Dollar

Pound to New Zealand Dollar Latest

1.8511▲

0.78%

Previous Close:

1.8367

Today's High:

1.8669

Today's Low:

1.8371

South African Rand

Pound to South African Rand Latest

17.9489▲

0.56%

Previous Close:

17.8493

Today's High:

18.016

Today's Low:

17.7569

Canadian Dollar

Pound to Canadian Dollar Latest

1.6613▼

-0.19%

Previous Close:

1.6644

Today's High:

1.6728

Today's Low:

1.6601

Latest British Pound News

GBP LIVE TODAY

Pound Sterling Rises vs Dollar, Euro and G10 as Details of May's Florence Speech are Drip-…

21 September, 2017 |

Talk of a the UK Government uniting around a fixed settlement fee to be paid to the EU and the need for a two year transitional deal appear to have aided Pound Sterling higher.

GBP LIVE TODAY

E.U. to Accept May's Brexit-Bill Offer in Order to Keep London's Finances Flowing say Gold…

20 September, 2017 |

“The EU-27 has a financial and an economic incentive to accept that proposal. The EU-27 will face a financial shortfall without it" - Andrew Benito, aGoldman Sachs.

GBP LIVE TODAY

Pound Stretches Legs vs Dollar and Euro as UK Retail Sales Beat Expectations, Cement Case …

20 September, 2017 |

"Today’s retail sales figures indicate that consumers are showing an impressive resilience in the face of the ongoing real pay squeeze" - Ruth Gregory, Capital Economics.

GBP LIVE TODAY

Pound Sterling Forecasts vs US Dollar + Euro Upgraded at Investec

19 September, 2017 |

A rate hike is almost certainly on the cards for November, says Investec, but the outlook beyond here has become more clouded.

GBP/EUR: News and Forecasts

EUR

Draghi Chews on Euro Exchange Rate Strength in European Parliament Testimony

25 September, 2017 |

  Euro weakness plays into the hands of policymakers so Draghi having kicked the common currency for its recent success probably shouldn't come as a surprise

EUR

German Elections: Euro Weakness vs British Pound and US Dollar Predicted to Fade Soon

25 September, 2017 |

With the Euro in focus following the German federal election result, we consider whether or not the single-currency has reached a turning point.

EUR

German Economic Outlook Remains Bright Despite September's Fall In The Ifo Index

25 September, 2017 |

The September slide in Germany's Ifo index could be the result of recent Euro strength, according to economists, while the broader economy remains in rude health regardless.  

EUR

Pound 0.5% up on the Euro as Germany Faces Prolonged Political Horse-Trading but Weakness …

25 September, 2017 |

The Euro exchange rate complex was softer at the start of the new week with analysts citing the outcome of the German election as a reason.

GBP/USD: News and Forecasts

USD

Strategists Tip Further Gains For US Dollar With Tax Reform Now Back On The Table

25 September, 2017 |

  A tax reform deal could give a meaningful boost to the US economy and the Dollar but the devil is in the details. Details are expected Wednesday.  

USD

Pound-to-Dollar Rate: Technical Forecasts and Events to Watch in the Coming Week

24 September, 2017 |

The fate of the Pound-to-Dollar over the next five days could be dictated by a duel of central bankers' words.

USD

US Dollar: September PMI Surveys Do Little To Lift The Greenback's Malaise

22 September, 2017 |

The Dollar slid on Friday, giving back more of its earlier gains, while September's PMI surveys gave traders little reason to lift the malaise around the currency.  

USD

The Dollar-Neutral Federal Reserve is Playing the Long-Term Game

22 September, 2017 |

US Federal Reserve maintains a steady and Dollar-Neutral approach to interest rate rises that is unlikely to be swayed by near-term fluctuations in the data pulse.

EUR/USD: News and Forecasts

Euro to Dollar

Euro-Dollar Rate Under Pressure as German Election Result Poses Fresh Uncertainty and US T…

25 September, 2017 |

Germany's election outcome could mean Eurozone integration takes a back seat and leaves the Euro-to-Dollar rate at the mercy of central bankers and politics in Washington once again.

Euro to Dollar

Euro-to-US Dollar: Forecast, News and Events for the Next Five Days

24 September, 2017 |

The Euro-to-US Dollar pair is stubbornly clinging onto the 1.2000 ledge despite attempts by Dollar bulls to unseat it; and the pair enters the new trading week in the midst of a still-intact if mature uptrend.

Euro to Dollar

Euro Forecast to Substantially Overshoot Fair-Value vs US Dollar

21 September, 2017 |

New research shows the Euro-to-Dollar exchange rate is liable to shoot above its fair-value level over coming months, and stay overvalued for a considerable period of time.

Euro to Dollar

Dollar's Rally Against Euro to be Ephemeral, Say Analysts

20 September, 2017 |

The Dollar rose a cent against the Euro after yesterday’s FOMC but those hoping for a reversal of the trend and a major recovery may be disappointed.

GBP/AUD: News and Forecasts

AUD

Australian Dollar: Westpac say RBA to Only Raise Rates in 2020

25 September, 2017 |

The Reserve Bank of Australia is not likely to raise interest rates until 2020, according to research from Australian lender Westpac.

AUD

Pound-to-Australian Dollar: Technical Forecasts and Events to Watch in the Coming Week

24 September, 2017 |

The Pound-to-Australian Dollar pulled back at the end of last week after Theresa May’s speech in Florence undermined the Pound, whilst the Aussie firmed as long-term prospects eclipsed short-term wobbles associated with the Australian Reserve Bank (RBA).

AUD

Australian Dollar’s Uptrend Tipped to Continue

22 September, 2017 |

Despite recent set-backs, Normura bank recommends buying the Australian Dollar on dips, as they see the currency’s broad uptrend continuing.

AUD

Australian Dollar Slips as RBA Governor Lowe Signals Little Appetite to Join Global Race t…

21 September, 2017 |

Household debt levels are a key concern for RBA policy makers, while a strong exchange rate could also scupper a hike, but strategists say rates will still rise in 2018.

GBP/NZD: News and Forecasts

NZD

New Zealand Dollar: FX Analysts Digest the Inconclusive Election Result

25 September, 2017 |

The New Zealand Dollar (Kiwi) weakened by over 1.0% as markets opened on Monday morning after an indecisive election result on Saturday.

NZD

New Zealand Dollar Sharply Lower vs British Pound at Start of New Week - Next Targets Amid…

24 September, 2017 |

The Pound to New Zealand Dollar pair is set for an unsteady start on Monday after the potentially volatile New Zealand election on Saturday.

NZD

The New Zealand Dollar's Outlook Darkens as Indebted Kiwis Tipped to Suffer Notable Econom…

22 September, 2017 |

Expect the New Zealand Dollar to underperform over coming months as the economy experiences a sharp slowdown as a build up of debt finally catches up with rich asset prices.

NZD

New Zealand Dollar Advances on Pound as New Poll Confirms Voters Leaning to "Safe Han…

20 September, 2017 |

A National Party victory means a continuation of the status quo and, according to strategists, will remove the risk premium that has been built into NZ FX and fixed income of late.

GBP/CAD: News and Forecasts

CAD

Pound-to-Canadian Dollar Rate: Technical Forecast and Events to Watch in the Coming Week

24 September, 2017 |

The Pound-to-Canadian Dollar is in a short-term uptrend, which despite signs weakness and reversal is still technically intact and thus on balance still likely to extend, nevertheless, we also accept that the pair presents an ambiguous outlook with also much potential for weakness.

CAD

Pound-to-Canadian Dollar Has A Rocky Friday; Uptrend Possibly Reversing

22 September, 2017 |

The Pound-to-Canadian Dollar experienced a rocky end to the week, and this may be the start of an increase in volatility and deeper declines in the days to follow.

CAD

Canadian Dollar Pares Gains As August Inflation Disappoints - Retail Sales Mixed

22 September, 2017 |

August inflation came in below expectations while July retail sales were mixed, with earlier figures hit by downward revisions.

CAD

Canadian Dollar Shaken by BoC Threats on Currency Value

19 September, 2017 |

All BoC meetings are now "live" for a rate move, according to one strategist, while all speeches now carry the risk of FX volatility.

GBP/ZAR: News and Forecasts

ZAR

Pound-to-South African Rand: Forecast, News and Data for the Remainder of the Week

25 September, 2017 |

There is no real change from our previous technical forecast for the Rand which has pulled back marginally over the last week but is still in an established uptrend which is expected to continue.

ZAR

Pound / Rand Exchange Rate Hits One-Year Best, 19.00’s Possible Suggest Technical Studies

20 September, 2017 |

The Pound-to-Rand exchange rate can still rise higher suggest our latest technical studies while we watch central banks for fundamental guidance.