The Euro will rise in the second half of 2019 as the ability of the Eurozone to ‘export capital’ declines, limiting the extent of outflows, and this will reduce Euro-selling, says Hans Redeker, chi…
Read more →Foreign exchange strategists at Westpac have issued a trade idea of buying Pound Sterling against the U.S. Dollar in anticipation of further advances.
Read more →Investment bank Morgan Stanley are forecasting a stronger Pound-to-Euro exchange rate over coming weeks saying they expect political uncertainty to start fading.
Read more →"GBP/USD looks mostly neutral in short term," say brokers XM.
Read more →The Pound-Yen pair looks poised to extend higher towards targets in the 153.00-156.00 range as it breaks out of a bullish wedge pattern.
Read more →It has formed a bullish chart set-up called a pivot swing on the monthly chart, which suggests the potential for a rotation higher subject to a break above a key confirmation level.
Read more →According to Glynn, the Dow Jones has now entered a steep, long-term, bear market, which will probably last several years and take the Dow all the way back down to the 15000-18000 region where it w…
Read more →The Pound is on course to hit an 18-month low against the Dollar in the New Year, according to analysts at BMO Capital Markets, who say "unresolved Brexit issues" will cause the British curren…
Read more →USD/JPY is likely to remain trapped inside a rangebound market in the short-term as a host of factors, including moving averages, trendlines, 'month end' flows and option expiry levels limit the pa…
Read more →GBP/USD will probably be drawn well above 1.30 before Christmas provided "solid signs of progress" are being made on Brexit says Viraj Patel, FX strategist at ING Bank.
Read more →USD/JPY has started to weaken again on the back of further loses in the Japanese stock market, which tends to be negatively correlated with the currency.
Read more →The EUR/USD pair has fallen again after negative economic data and continued Italian budget concerns pressured the Euro lower midweek.
Read more →Bet on the British Pound in 2019 is the message from a leading foreign exchange strategist who says a number of factors will align to ensure the Pound-to-Euro exchange rate moves higher during the …
Read more →A descending sequence of peaks and troughs, of lower highs and lower lows suggests the pair may have entered a short-term technical downtrend.
Read more →The increasingly 'binary' outlook for the Pound is lending itself to a specific type of trading strategy which rewards big moves regardless of direction.
Read more →The EUR/USD exchange rate is likely to "have a downside tilt" for the next month or so, according to analysts at Nordea Bank; but from the middle of November, it is tipped to recover.
Read more →USD/CAD's broader downtrend should extend over the remainder of the week says Micaella Feldstein, an analyst at Natixis.
Read more →"Increasingly, the doomsday interpretation seems overdrawn" says Brian Martin at ANZ with regards to a 'no deal' Brexit.
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