Strategists at Danske Markets believe Sterling should settle against the Euro but excessive strength should be sold into.
The EUR to GBP exchange rate is forecast to decline further as a notable technical pattern has been triggered on the currency pair’s charts.
A good week for Sterling against the Euro does not yet necessarily translate into a sustained recovery.
The British Pound’s evolution against the Euro will depend on whether some key numbers are broken are rejected.
The Euro remains under pressure as the October trend to weaken extends but an inflection point looms.
Credit Suisse have today told clients they are again revising lower their forecasts for Sterling.
A meeting of Eurozone rate setters is the highlight of the coming week.
Exchange rate forecasts for 2016 and 2017 have been altered by Lloyds with Pound Sterling understandably being the currency in focus.
How far will the Pound fall against the Euro? A leading institutional researcher provides us with their question.
Analysts at UBS have this week written to clients and warned another major leg of British Pound weakness is underway.
Analysts at ING have says a continued fall in UK interest rates will push the Pound to notable levels of undervaluation against the Euro.
Technical strategists at Credit Suisse have told us why they believe the British Pound remains a core ‘short’ in their trading portfolio.
Funding the UK’s sizeable current account deficit will keep Pound Sterling week argue analysts at DNB Markets who also tell clients they expect the Bank of England to cut interest rates in November.
Credit Suisse have updated their major foreign exchange forecasts for the next twelve months.
Danske Bank see the British Pound falling to as low as the mid 1.08’s within six months.
Dutch lender ABN Amro have communicated to clients that they have upgraded their forecasts on the UK economy and on Sterling.
The British pound is tipped to rise versus the euro and the US dollar after fears of an economic collapse in the aftermath of Brexit proved unfounded.
The EUR/GBP pair has started falling due to the pound being supported by recent data, where to now for EUR/GBP?
“GBP has recovery potential from here as post-Brexit data have come in stronger thananticipated.”
Morgan Stanley is maintains a bullish stance on the single currency only days before the ECB Governing Council meeting.
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