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.
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With the Euro in focus following the German federal election result, we consider whether or not the single-currency has reached a turning point.
|
Pound to Euro Latest |
|
1.1354▲ |
0.55% |
|
Previous Close: |
1.1292 |
|
Today's High: |
1.1395 |
|
Today's Low: |
1.1279 |
|
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Pound to US Dollar Latest |
|
1.3449▼ |
-0.32% |
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Previous Close: |
1.3492 |
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Today's High: |
1.357 |
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Today's Low: |
1.3431 |
|
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Pound to Australian Dollar Latest |
|
1.6948▲ |
0.07% |
|
Previous Close: |
1.6937 |
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Today's High: |
1.7042 |
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Today's Low: |
1.6933 |
|
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Pound to New Zealand Dollar Latest |
|
1.8511▲ |
0.78% |
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Previous Close: |
1.8367 |
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Today's High: |
1.8669 |
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Today's Low: |
1.8371 |
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Pound to South African Rand Latest |
|
17.9489▲ |
0.56% |
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Previous Close: |
17.8493 |
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Today's High: |
18.016 |
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Today's Low: |
17.7569 |
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Pound to Canadian Dollar Latest |
|
1.6613▼ |
-0.19% |
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Previous Close: |
1.6644 |
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Today's High: |
1.6728 |
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Today's Low: |
1.6601 |
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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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
25 September, 2017 |
The Reserve Bank of Australia is not likely to raise interest rates until 2020, according to research from Australian lender Westpac.
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).
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.
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.
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.
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.
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.
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.
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.
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.
22 September, 2017 |
August inflation came in below expectations while July retail sales were mixed, with earlier figures hit by downward revisions.
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.
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.
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.
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