The British Pound may rally on occasion, but don’t mistake this for a return to an upside trend say Credit Agricole.

Credit Agricole update on their latest New Zealand dollar forecasts confirming they believe the currency is overvalued.

The British pound is unlikely to rush to post-Brexit lows, rather the move will be gradual and as such investors should position to take advantage of any bouts of strength.

The pound / dollar exchange rate has tested 31 year lows at 1.31 but has since bounced to 1.33. However, we should expect a gradual move towards 1.30 say Credit Agricole.

The US dollar has strengthened for two weeks in a row now, but analysts are warning that the rally's limits could be nigh.

Credit Agricole join Citibank in recommending a sell on the euro to dollar exchange rate.

The Australian dollar is the worst performing currency in G10 at the start of the new month and chasing the currency lower should continue to yield profit say forecasters at Credit Agricole.

Manuel Oliveri and Jennifer Hau, FX Strategists at Credit Agricole believe there is more room for an extension of the GBP rally. Here is why.

Credit Agricole: “A cautious USD rebound especially against currencies where we believe more monetary easing is only a matter of time.”