Pound-to-Euro Investment Bank Consensus Forecast Shows 300 pip Downside Risk Into Year-end
The world's major investment banks are all locked onto lower levels from here.
The world's major investment banks are all locked onto lower levels from here.
The consensus is ripe to be challenged.
More →Official daily exchange rates from 1971 to today: Bank of England, ECB and interbank sources.
Bank of England trade-weighted sterling effective exchange rate index (Jan 2005 = 100)
A reading above 100 means the currency is expensive relative to its long-run historical average. Below 100 means it is undervalued.
The British pound could struggle if tax hike fears chill businesses and households ahead of the Autumn budget.
Pound Sterling Up-case Reinforced by Rising Consumer Confidence Pound Sterling Risk Radar: UK Particularly Vulnerable to Bond Yield Surge Pound Sterling Risk Radar: Early Election LikelyThe world's major investment banks are all locked onto lower levels from here.
GBP to EUR Week Ahead Forecast: Correction Still Underway Pound Rises to Six-Month High as Treasury Buyback Plan Backfires Pound to Drift Lower Against Euro Following Inflation ReliefUnder-50s drove August's jump in sentiment, a pattern tracking politics since the 2024 election.
Pound Sterling Up-case Reinforced by Rising Consumer Confidence UK Labour Market: Worst Has Passed, But Household Squeeze Can't be Avoided Pound Sterling Reacts to Negative PMI SurpriseDMP survey shows little sign of brewing inflationary pressures.
Pound Passes Bank of England Test Pound Sterling Hangs on Bank of England's Vote Split Pound's Rate Hike Support Dented by Bank of England InterventionThe British pound has reached the top of its yearly range against the Dollar and the trend behind it is robust enough to clear it.
'Friendly' Dollar Selloff Expected by ING Dollar Slumps on U.S. Bond Buyback Announcement Pound-Dollar a Sell: HSBCA November rate hike would bolster the Australian Dollar's yield advantage.
Australian Dollar Set to Retest Short-term Highs on Global Sentiment Upswing GBP/AUD Week Ahead Forecast: Compression Breaks Lower on Inflation Day Australian Dollar Favoured in Morgan Stanley's Latest Strategy UpdateGBP/NZD's August recovery has failed at its long-term average and the decline looks set to resume.
GBP/NZD Week Ahead Forecast: Helpful USD Beta New Zealand Dollar's Bullish Thesis Punctured by Key Survey Pound-to-New Zealand Dollar Week Ahead Forecast: Nothing Demanding a BounceEUR/USD has dismantled the downtrend that governed its year and the advance has further to run once it consolidates.
Why Euro-Dollar Can Ride Out ECB Disappointment Dollar Weakness Linked to Rising Long-dated Bond Yields: Analysts Euro-to-Dollar Week Ahead Forecast: Opening the Door to 1.16One of Canada's most important banks has set out its playbook for the Canadian dollar under expected trade war scenarios.
GBP/CAD Week Head: Strengthening Tone on Trade Disruptions GBP/CAD Week Ahead Forecast: Trade Sanctions Land Canadian Dollar's Referendum WoesThe Pound's uptrend against the Swiss Franc has more to give, according to Bank of America, which says both its quantitative signals and the charts point h...
Swiss Franc Most Vulnerable to Oil Spikes: HSBC Pound-Franc On Course to Slide Below Parity: J. Safra Sarasin Swiss Franc Tipped to Make a Comeback by UBS