The U.S. Dollar will probably continue rallying for several more years according to an analyst with J.P. Morgan who sniffs a potential U.S. recession within two years.

The world's largest investment bank is backing the British Pound this week saying it is buying Sterling and selling Euros via options amidst signs of progress in Brexit negotiations.

U.S. investment bank J.P. Morgan have upgraded their forecast targets for the Pound-to-Euro exchange rate for the second consecutive month eyeing a reduction in Brexit risks.

GBP/EUR a better vehicle than GBP/USD to profit on declines in Sterling with fading European political risks boding for a stronger Euro say JP Morgan. But Danske Bank say buy Sterling weakness - a strategy that has this week proved correct.

The Australian Dollar rose during the morning session Friday as base metal prices held onto recent gains and the US Dollar quietened after an earlier assault on its developed world rivals but the Antipodean currency is now set to face further losses during the months ahead, according to the latest forecasts from J.P. Morgan.

The Euro-to-Dollar rate outlook is less bullish than previously thought, according to the latest forecasts from J.P. Morgan, although the single currency is still unlikely to spend very long quoted at its recent low levels. 

The months-long malaise in EUR/GBP price action has forced strategists at J.P.Morgan to abandon their call for a pickup in volatility this year just as the tennis match between Britain’s currency and its continental rival was about to become more interesting.

Analysts at the world's largest investment bank have raised projections for the British currency in the wake of its strong start to the year, but analysts appear to have done so reluctantly.

While J.P. Morgan’s new forecasts still imply some downside for the Australian Dollar, the opposite is true for the bank’s view on the Pound, which implies nearly 10% upside for Sterling-Aussie this year.

A strengthening economy and reduced risk factors are forecast to help the Euro higher in the coming year.

Two leading institutional forecasters reach the same conclusion on the outlook for Pound Sterling despite having differing views on the trajectory for UK economic growth.

The Euro has risen strongly and most analysts think this is just the beginning, but could its own increasing value become the very thing that limits its growth?

Current market expectations are too ambitious as the Bank of England is likely to raise rates only gradually and may emphasise this on Thursday, leaving the Pound vulnerable to a Euro-style drawdown in the coming days.

A restless Bank of England warrants tweaks to Sterling forecasts but, before readers get too excited, this is about as good as things get for the Pound according to the world’s largest investment bank.

Foreign exchange strategists with JP Morgan have entered a short-term sell on the British Pound.

Analysts at a leading global investment bank have cut their forecasts for Sterling-Euro but say warnings of a fall to parity are overblown while Brexit risks are seen diminishing.

Some food for thought for those watching what seems like the relentless decline in the GBP/EUR exchange rate.

J.P. Morgan made a call on EUR/USD nine months ago, and they were correct. But, the extent of the Euro’s climb has caught analysts by surprise.

The US Dollar is too cheap argue analysts at the world’s largest investment bank, JP Morgan.