The Krone tumbled on Tuesday but remained a leading contender for outperformance in 2021, according to analysts at Nordea Markets, Goldman Sachsand HSBC among others, who cite the likelihood of Norges Bank interest rate rises this summer for upgraded or otherwise simply bullish forecasts.
March 23,2021
The Pound-to-Canadian Dollar rate softened on Friday but its bullish trend on the charts has gotten analysts at Scotiabank weighing the odds of it rising into a higher range in the weeks ahead, although forecasts from HSBC suggest the Loonie should stir and push GBP/CAD lower again before year-end.
February 19,2021
The Pound-to-Canadian Dollar exchange rate was lower on Wednesday alongside other Sterling pairs but could benefit this quarter from a wave analyst upgrades to their outlooks for the British currency, some of which place GBP/CAD on course for the 1.80 level and what would then be one-year highs.
February 17,2021
The Pound-to-Canadian Dollar exchange rate was stumbling toward June lows in a make-or-break sesssion for the short-term outlook on Thursday just hours out from the latest Bank of England (BoE) policy decision.
June 18,2020
The Euro crumbled in a risk hungry market Wednesday ahead of an important meeting of European Union leaders and as the Dollar showed signs of stabilisation, leading ABN Amro to call time on the single currency's rally.
June 17,2020
The U.S. Dollar's long-term 2018-2019 uptrend is still with us, and has in fact got the potential to push even higher says David Bloom, head of FX research at HSBC.
May 7,2019
UK high-street lender HSBC have hiked their forecasts for the British Pound in 2019, saying the currency "gets our vote".
February 12,2019
The British Pound is forecast to drift lower over the remainder of January by HSBC as the fighting in the UK parliament for the future of Brexit is unlikely to reach conclusion.
January 12,2019
The U.S. Dollar has still got higher to go and the market consensus is wrong about it weakening in 2019, argues HSBC’s Daragh Mahar.
January 8,2019
Pound Sterling will rise steadily into year-end say UK high-street lender HSBC, but the currency will have its wings clipped, even in the event of a Brexit deal being struck.
September 25,2018
HSBC say the Pound is around fair value reducing chances of further devaluation but any "slam dunk" news on Brexit to allow Pound to "burst through" current familiar ranges. GBP could rise versus EUR in very short-term as outlook for later deteriorates.
July 19,2018
Analysts say expect the Euro to continue outperforming owing to surplus flows and a dynamic economic outlook for the Eurozone.
March 7,2018
Markets are "waiting for something to happen" in Brexit negotiations before they move the Pound-to-Euro exchange rate says analysis from one of the City of London's most charismatic foreign exchange analysts.
April 6,2018
HSBC Bank have long been negative on the British Pound’s prospects, and in early October they are showing no letup in their negative stance.
October 6,2017
HSBC upgrade Pound Sterling forecasts, but commentators say analysts at the high-street giant are “chasing their own tail”.
September 18,2017
The Australian Dollar has been overvalued by a foreign exchange market place far too eager to price in interest rate rises at the Reserve Bank of Australia we are told.
August 15,2017
Pound Sterling is expected to suffer a sizeable adjustment lower against both the Dollar and Euro, and not even an interest rate rise at the Bank of England will help the currency.
July 19,2017
Markets have got it wrong - a Bank of England interest rate rise will not in fact be positive for the Pound.
July 7,2017
“Once this election is over, we expect GBP to succumb to downside political, structural and cyclical drivers”
July 3,2017
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