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20 September 2018 Thursday AM: GBP Retail Sales | NZD GDP Beat | USD Manufacturing Data | ZAR Rate Decision

The Pound will be watching retail numbers mid-morning but Brexit developments from the EU summit in Salzburg remain a key consideration. Global sentiment is meanwhile constructive, ensuring the Dolโ€ฆ

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19 September 2018 Wednesday AM: GBP Inflation Data | EUR Draghi Speech | USD Current Account Data | NZD GDP Data | AUD Short Squeeze

The British Pound will be subject to inflation data today while the US Dollar awaits current account and building starts. Overall risk sentiment is proving supportive to the likes of the New Zealanโ€ฆ

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18 September 2018 Tuesday AM: GBP Watching Barnier | USD Struggles Despite Tariffs | EUR Eyes Draghi | AUD Winning on RBA | NZD Eyes Dairy Auction

The Dollar and currency markets in general have shown a lacklustre response to the latest moves on Chinese imports by the US administration. The Pound will today be eyeing Brexit developments in Brโ€ฆ

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17 September 2018 Monday AM: GBP Digests Kurz Comments | EUR: ECB Speakers | USD: Trade War Instalments

The global picture will be important at the start of the week owing to both a thin calendar and thin trading conditions in Asia thanks to Typhoon Mangkhut and a Japanese public holiday.

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14 September 2018 Friday AM: GBP Eyes Carney Speech | USD: Retail Sales Data

Unless we receive any developments pertaining to global trade from the White House today we see little reason why the US Dollar will suffer a weekly decline.

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Historical Exchange Rate Data

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Relative Performance

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

Exchange Rate Forecasts

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Market-implied Forecasts

GBP/EUR Market-implied Forecast
Spot: 1.1592 12M: 1.1406
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GBP/USD Market-implied Forecast
Spot: 1.3393 12M: 1.3365
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๐Ÿด๓ ฎ๓ บ๓ ฎ๓ ณ๓ ฎ๓ ฟ GBP/USD More →
London FX Open: GBP Rises, USD Subdued Ahead of 2 Key Events

London FX Open: GBP Rises, USD Subdued Ahead of 2 Key Events

The pound is firmer against the euro and dollar amidst market positioning ahead of today's U.S. inflation release and Thursday's ECB event.

Dollar's Cyclical Powers Return: HSBC FX Today: USD Retreats, NZD Tops the Table Pound-to-Dollar Week Ahead Forecast: Prodding Lower, CPI in Focus
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
๐Ÿด๓ ฎ๓ บ๓ ฎ๓ ณ๓ ฎ๓ ฟ EUR/USD More →
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
๐Ÿด๓ ฎ๓ บ๓ ฎ๓ ณ๓ ฎ๓ ฟ GBP/CHF More →
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