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12 October 2018 Friday AM: GBP Eyes E.U. Meeting | EUR: Industrial Production | USD: Sentiment Report | ZAR: Ratings Review

Foreign exchange markets are broadly stable with global market sentiment buoyed as Chinaโ€™s September trade surplus rose to $31.7bn, where markets were forecasting a reading of $19.2bn. For Sterlingโ€ฆ

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11 October 2018 Thursday AM: GBP Brexit Rumours | USD: Inflation Data, Treasury Yields | EUR: Politics | AUD: RBA's Ellis | NZD: Short-Covering Rally

The biggest stock sell-off since February rolled from the U.S. through Asia on Thursday, with benchmarks from Tokyo to Hong Kong seeing declines in excess of 3 percent.

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10 October 2018 Wednesday AM: GBP Eyes GDP, Manufacturing Data | USD: PPI | EUR: Italian Bond Yields | ZAR: Mboweni Boost

Following a slow start to the week, the economic calendar fills up again mid-week with industrial and GDP data out of the U.K. and some price indicators on tap out of the U.S.

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09 October 2018 Tuesday AM: GBP Firm | USD Eyes Treasury Yields | NZD: Budget Surplus | AUD: Improved Business Confidence

Markets will be fretting over the direction of U.S. Treasury yields which in turn impacts funding not only in the U.S. but across the world.

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08 October 2018 Monday AM: GBP Solid on Weekend Headlines | AUD and NZD Supported as China cuts RRR

Global sentiment is firm at the start of the new week as markets digest the weekend move by China's central bank to cut the level of cash that banks must hold as reserves.

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Pound Sterling Index

Pound Sterling Index

Bank of England trade-weighted sterling effective exchange rate index (Jan 2005 = 100)

Is Your Currency Cheap or Expensive?

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Real Effective Exchange Rate (REER)

A reading above 100 means the currency is expensive relative to its long-run historical average. Below 100 means it is undervalued.

๐Ÿ‡ฌ๐Ÿ‡ง British Pound
105.20
Cheap Expensive
๐Ÿ‡ช๐Ÿ‡บ Euro
103.41
Cheap Expensive
๐Ÿ‡บ๐Ÿ‡ธ US Dollar
106.16
Cheap Expensive
๐Ÿ‡ฆ๐Ÿ‡บ Australian Dollar
110.67
Cheap Expensive
๐Ÿ‡จ๐Ÿ‡ญ Swiss Franc
119.94
Cheap Expensive

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Market-implied Forecasts

GBP/EUR Market-implied Forecast
Spot: 1.1591 12M: 1.1406
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GBP/USD Market-implied Forecast
Spot: 1.3385 12M: 1.3358
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Dollar's Cyclical Powers Return: HSBC

Dollar's Cyclical Powers Return: HSBC

The dollar has rediscovered a powerful source of support: the U.S. economy.

FX Today: USD Retreats, NZD Tops the Table Pound-to-Dollar Week Ahead Forecast: Prodding Lower, CPI in Focus Dollar Pressures Pound and Euro on Crushing U.S. Jobs Report
๐Ÿด๓ ฎ๓ บ๓ ฎ๓ ณ๓ ฎ๓ ฟ GBP/AUD More →
Australian Dollar Looking Fragile: Lloyds

Australian Dollar Looking Fragile: Lloyds

The Australian dollar looks vulnerable to a deeper setback shows a new anylsis from Lloyds Bank, although other analysts think the currency will refind its...

Pound-Australian Dollar Week Ahead: Further Recovery Seen Pound-Australian Dollar Near-term Outlook Underpinned by Firming Base Aussie Dollar Still Looks Good: Lloyds
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Euro Downside Risks on 'Dovish' ECB Hike

Euro Downside Risks on 'Dovish' ECB Hike

Euro exchange rates look to the European Central Bank for support, but they might find it lacking.

Euro-to-Dollar Week Ahead Forecast: Sellers in Control Euro-Dollar Risks 1.15 Next: ING Euro-Dollar Forecasts Lowered at Commerzbank
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Swiss Franc Most Vulnerable to Oil Spikes: HSBC

Swiss Franc Most Vulnerable to Oil Spikes: HSBC

Research from HSBC shows why the war in the Middle East has proven to be a significant headwind to the Swiss Franc.

Pound-Franc On Course to Slide Below Parity: J. Safra Sarasin Swiss Franc Tipped to Make a Comeback by UBS Swiss Franc Weakness Now SNB Policy