A mere matter of hours after Pound Sterling Live were able to report that Credit Agricole were looking to profit on an expected rise in EUR/GBP we can now confirm that Deutsche Bank have come to a similar conclusion.
The Pound to Euro exchange rate is no longer likely to fall to parity as the recent shifts in the UK’s political landscape represent a positive outcome for Sterling.
Foreign exchange strategists at Deutsche Bank have conceded they might have previously been a little to negative on the Euro’s prospects against the US Dollar.
Research from Deutsche Bank places Pound Sterling as one of the world’s most undervalued currencies as we head into 2017.
A re-run of the 1.20 peg debacle, could see the EUR/CHF pair break below 1.08 and drop to parity argue Deutsche.
Deutsche Hold onto their EUR/USD shorts as they see the Euro vulnerable to political risk and the Dollar strengthening despite yield upside now looking capped.
Westpack bank's currency portfolio allocation model has cut its exposure to the Australian dollar and replaced it with increased exposure to the US dollar – but gains may be short-lived says strategist Richard Franulovich.
Deutsche Bank reiterate their forecasts for a notably lower Pound Sterling against the Euro and Dollar.
Yes, S&P have downgraded Australian debt, but will it dampen investor desire to seek out the country’s superior interest rate yield?
Deutsche Bank are convinced speculators should be chasing the AUD lower and set out their justifications for the call.
Recent developments in EUR/USD point to a renewed deterioration in fundamentals across our two most important guiding frameworks – flows and real rates.
The yen is forecast to exert downward pressure on the USD to JPY exchange rate over coming weeks.
Deutsche Bank have once again had to revise higher their EUR to USD forecasts but stand by their view that the euro must fall and the dollar has not yet peaked in its current cycle of appreciation.
Why the decline in the Australian to US dollar exchange rate is likely to extend further.
This April has seen the euro trade towards the upper end of its 14-month range against the dollar following an impressive 4% rally through March.