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, chief global FX analyst at Morgan Stanley.
May 1,2019
Foreign exchange strategists at Westpac have issued a trade idea of buying Pound Sterling against the U.S. Dollar in anticipation of further advances.
November 23,2018
Investment bank Morgan Stanley are forecasting a stronger Pound-to-Euro exchange rate over coming weeks saying they expect political uncertainty to start fading.
November 13,2018
November 9,2018
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.
November 8,2018
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.
November 5,2018
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 was in 2015.
October 31,2018
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 currency to underperform during the months ahead.
October 31,2018
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 pair's freedom of movement.
October 30,2018
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.
October 30,2018
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.
October 25,2018
The EUR/USD pair has fallen again after negative economic data and continued Italian budget concerns pressured the Euro lower midweek.
October 25,2018
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 course of the year.
October 20,2018
A descending sequence of peaks and troughs, of lower highs and lower lows suggests the pair may have entered a short-term technical downtrend.
October 18,2018
The increasingly 'binary' outlook for the Pound is lending itself to a specific type of trading strategy which rewards big moves regardless of direction.
October 16,2018
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.
October 9,2018
USD/CAD's broader downtrend should extend over the remainder of the week says Micaella Feldstein, an analyst at Natixis.
October 9,2018
"Increasingly, the doomsday interpretation seems overdrawn" says Brian Martin at ANZ with regards to a 'no deal' Brexit.
November 6,2018