Morgan Stanley analysts have updated and given us their forecasts for the foreign exchange markets at the start of the new month.
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The latest near- to medium-term exchange rate forecasts from some of the key foreign exchange analysts we follow.
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Exchange rate markets remain highly sensitive to the actions of global central banks - interest rate and money printing policy (QE or Quantitative Easing) continues to determine valuations when it โฆ
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The euro exchange rate complex is forecast to remain the under-performer in the G3 pack while the US dollar remains tipped to continue its outperformance.
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Britain's pound sterling (GBP) has seen fresh weakness set in following the release of data which points to a cooling in the rate of expansion of the UK economy.
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The US dollar (USD) is forecast to retain a solid footing through the remainder of 2014 and into 2015 suggest the majority of analysts we follow.
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We present our selection of technical exchange rate forecasts for the G3 which encompasses the British Pound (GBP), Euro (EUR) and US Dollar (USD).
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The euro rate is today (Tuesday, 19th/8th) offering decent rates to euro sellers as we enter the new trading week. A strong end to the preceding week should provide positive momentum in the immediaโฆ
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Technical foreign exchange rate forecasts confirm the US dollar (USD) to be preffered over both the British pound (GBP) and euro (EUR) in the near- to longer-term.
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The US dollar excange rate complex is forecast to finally start its delayed 2014 rally, thereby setting up a strong 2015 according to a new analysis.
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