The euro could be about to suffer a notable move lower if the forecasts from a leading Swedish investment bank is correct.
The aggressive fall of the British pound may be reaching its conclusion according to technical studies.
A key question for currency managers is: where do the risks to a breakout from established trading ranges in the euro to dollar exchange rate lie?
The euro exchange rate complex is higher across the board with the EUR to GBP cross surging by nearly three quarters of a percent.
The British pound has reached a key point in its ascendency against the euro and the gains that can be realised if it is overcome are sizeable.
We consult a number of pro’s from the likes of Societe Generale and Hantec Markets as to where the EUR to GBP exchange rate is moving next.
The latest poll of the world’s leading foreign exchange forecasters gives us a credible insight into where the euro is headed against the dollar over coming months.
The biggest poll of foreign exchange analysts conducted by Reuters has been released and we have a clearer insight into the pound’s likely direction against the US dollar going forward.
The question on everyone’s mind at present is just how far the pound sterling can push its luck against the euro.
The euro is likely to retain the edge against is US rival over coming months says a researcher at one of Europe’s largest research institutions.
The euro is likely to stay ahead of the FX pack in the short-term as a variety of factors play in its favour, according to research by French lender BNP Paribas.
We have been writing for weeks now that the outlook for sterling depends on how the 1.25 support zone holds out.
EUR/GBP may remain steady in April due to seasonal effects, however, Brexit inspired volatility could push the pair above 0.80 in the run up to the referendum.
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