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Scandinavian lender DNB forecast the dollar to strengthen, the euro to fall, the pound to continue its post-Bexit down-trend a little further, Scandi’s to rise and safe-havens to give back their Brexit risk premiums
June 30,2016
Following the announcement of Brexit the euro dropped swiftly from EUR/USD 1.14 to 1.09, before recovering towards EUR/USD 1.10.
June 30,2016
The euro to dollar rate fell to lows of 1.0913 in overnight trade as the single currency was hit by fears about the outlook for the integrity of the EU following Britain’s decision to vote to leave
June 25,2016
If EUR/USD (currently in the 1.1260s) can break clearly above the 50-day moving average (at 1.1300), which is currently preventing any further progress higher, it should gain the necessary momentum to move back up towards the 1.1450's.
June 21,2016
The euro is adrift against the US dollar at the start of the new week with focus resting on the outcome of this Wednesday’s FOMC statement.
June 15,2016
With much of the currency focus surrounding the EU referendum falling on the British pound, it is easy to forget other crosses will feel some heat.
June 10,2016
One of the first institutions to move on their exchange rate forecasts following the release of poor labour market data released by the US Bureau of Labor Statistics is Intesa Sanpaolo.
June 6,2016
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Horizon Currency's dealing desk is here to answer any questions you have about the market.
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