National Australia Bank Exchange Rate Forecast Update: "Market’s Volatile Trade Angst Still Cuts Both Ways"

Currency markets have been volatile in 2018 but the closing stages of the third-quarter are most likely to herald a continuation of recent trends, with President Donald Trump the only wild card, according to the latest exchange rate forecast update from National Australia Bank. 

Exchange rate forecasts for Pound Sterling as well as the Australian and New Zealand Dollars have been downgraded at Malayan lender Maybank, while projections for the US Dollar have been upgraded ahead of an regime change in the currency markets for 2019.

Pound Sterling and Euro exchange rate forecasts for year-end have been downgraded by Lloyds Bank, in its latest International Financial Outlook, following a month where the US Dollar has continued to reign supreme over all of its rivals. 

The Pound and Euro are set to rise only slowly over the coming year while the US Dollar will continue to reign supreme over currency markets for a while yet, according to the latest currency forecasts from Natwest Markets. 

Currency markets have undergone a regime change that has turned the big picture trends of 2017 on their heads and, according to the latest forecasts from Lloyds Bank, the tide of international capital flows is likely to turn again before the year is out. 

Citibank, the world's largest foreign exchange dealer, has updated its foreign exchange forecasts as we move into the mid-year period.

Currency markets in the midst of a regime change that has seen the tables turned on all of the last year's winners and losers during the second-quarter, prompting a wave of upgrades and downgrades to exchange rate forecasts at Barclays.

Foreign exchange strategists at UOB - the Singapore-based banking giant - have updated clients with their latest foreign exchange forecast tables and insights for they key currencies over the next one year period.