Foreign exchange analysts at JP Morgan have announced they have nudged down their forecast profile for the GBP/EUR exchange rate in their mid-year review.

The Pound is seen buying €1.1730 at present - a decent rate when compared to the exchange rate's performance thus far in 2017. But, the outlook bodes for further weakness we are told.

News that we now have four runners with a shot of taking the prize of the French Presidency in just one month’s time has seen the Euro continue to edge lower on global foreign exchange markets.

The Aus Dollar has been trending lower since it peaked in 2012 at the height of the Chinese-fuelled commodity boom.

Foreign exchange strategists at J.P. Morgan have upgraded their GBP/EUR forecast for the first half of 2017 but kept their sub-1.10 forecast for year-end in tact.

Trading the dragon (GBP/JPY) higher is the advice of analysts at Morgan Stanley a unique conjunction of factors sees upside pressure increase.

The latest research from J.P Morgan shows that the 1.30-1.33 zone looks to be the new long-term target for the GBP/USD exchange rate.

Analysts at JPMorgan have raised their forecast for the GBP/EUR exchange rate noting the post-referendum downturn in GBP is less severe than previously imagined.

The British Pound is a Sell ahead of the Bank of England’s Super Thursday event say JP Morgan noting markets are yet to fully price the impact of policy divergence into the GBP to EUR conversion.

Forecaster’s at JP Morgan see EUR/GBP reaching 0.89 by year end, and GBP/USD bottoming at 1.28 in September.

Amidst a flurry of revisions, the world’s largest investment bank provides its revised views on how low the Pound will go.

Analysts at J P Morgan see the AUD/USD trough lows holding, and the tentative up-trend advancing, although upside progress will probably be slow. 

Two leading institutional researchers have told clients why they are not convinced strength in the NZ dollar will be sustainable in 2016.

JP Morgan see a growing possibility that the Fed will completely stop hiking rates and have modelled the outcome of such a scenario. 

JPMorgan have updated their foreign exchange rate forecasts for 2016, cutting their projections for the pound against the dollar.