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Pound Sterling's April Decline against the Euro Extends, but Some Analysts Tip the UK Currency to Ultimately Regain its Composure

Pound Sterling's April Decline against the Euro Extends, but Some Analysts Tip the UK Currency to Ultimately Regain its Composure


The British Pound's 2.0% loss against the Euro this April could yet prove to be a pullback in an uptrend that is ultimately set to resume, according to two leading foreign exchange strategists we follow.


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Pound Sterling Data and Latest News


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Euro Data and Latest News


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U.S. Dollar Data and Latest News


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Effective Exchange Rates

TD Securities Exchange Rate Forecast Update: Resilient Dollar Threatens More Toil and Trouble for Other Currencies

Pound Sterling's troubles are not yet over, according to TD Securities, whose analysts say the British currency is still vulnerable to a resilient Dollar that's tipped to remain in rude health at least until the mid-year point. 

Read more ...

Commerzbank Exchange Rate Forecast Update: Pound and Dollar to Underpeform while Euro Recovers

Pound Sterling has already seen its best days for the timebeing, Commerzbank says, because the British currency is set to spend the remainder of the year fixated on negotiations about the future UK-EU relationship and the still-present risk of something like a 'no deal' Brexit on January 01 2021.

Read more ...

ING Group Forecast Update: Modest Declines for USD as GBP, CAD and Antipodeans Recover Lost Ground

The Dollar has defied earlier downbeat expectations in 2019 but is now set for a modest decline as investors chase resilient bond yields and faster economic growth outside of the so-called 'G3 economies, according to the latest forecasts from ING Group, which envision the Pound-to-Dollar rate hitting a post-referendum high next year.

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Commerzbank Exchange Rate Forecast Update: Dollar Upgraded amid Sweeping Downgrades of Other Majors

 

Commerzbank has downgraded many of its exchange rate forecasts after most major currencies defied earlier projections as well as the market consensus during the first half of the year, leading the German lender to push back a still-anticipated trend change for the big Dollar. 

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