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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.
December 16,2016
The GBP/EUR pair is showing signs of topping, and with a possible topping pattern forming may be ripe for a correction, however, more downside is required to confirm.
December 16,2016
The GBP/EUR exchange rate looks remains capped below 1.20 but a number of key economic releases due out this week could well aid the exchange rate in shattering the ceiling.
December 14,2016
The Bank of England’s Rate Meeting as well as Federal Reserve’s FOMC are the major events on the economic calendar in the week ahead.
December 12,2016
The Pound is going down but the Euro is going even lower, says Bank of America Merrill Lynch’s Head of FX Strategy David Woo.
December 11,2016
Most are expecting the ECB to keep their quantitative easing programme going beyond the March cut-off date, and dismiss recent talk of ‘tapering’.
December 8,2016
The Euro’s strength is likely to be a short-lived affair says analyst.
December 7,2016
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