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.
Read more … →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.
Read more … →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.
Read more … →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.
Read more … →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.
Read more … →Most are expecting the ECB to keep their quantitative easing programme going beyond the March cut-off date, and dismiss recent talk of ‘tapering’.
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