EUR/USD forecast to hit range lows on a host of negative fundamental factors for the Euro.

Investment bank Morgan Stanley have made a bearish call for AUD/USD to fall substantially lower, whilst a bearish pennant on Silver bodes further ill for the antipodean currency.

Forecasters at Morgan Stanley are arguing that the pound will probably rally from its current rock-bottom lows to 1.2650 due to the government reconsidering its “Hard Brexit” stance.

After the flash crash, the dominant theme for sterling now appears to be whether or not it is on a ‘rebound’.

Surely the party can’t go on forever? Pop another shrimp on the barbie, say analysts at Credit Agricole and Morgan Stanley, who see the party continuing for some time yet.

The Pound has taken centre stage after its latest rout Due to Brexit fears, we Survey Forecasts, Recommendations and Opinions From Citi, Nomura and SocGen.

The acknowledgment in the recently released RBA meeting minutes that the Bank was probably not going to commit to more stimulus has changed the outlook for the Aussie dollar.

Any weakening in the currency as a result of further stimulus is likely to be discounted quickly argue Deutsche Bank. 

The euro has a combination of fundamental factors supporting it, suggesting a good chance of more gains on the horizon.

CitiFX have told clients the recent rally in the GBPUSD exchange rate is likely to offer the chance to press the sell button.