Exchange Rate Forecasts

Pound Sterling powered to fresh two-year highs at the end of last week, buoyed by the Federal Reserve's commitment to a September rate cut. But, the rally is looking stretched.

The Pound to Euro exchange rate (GBP/EUR) is technically and fundamentally poised for further gains in the near term, and a move to 1.1850 is on the cards for this week.

The Pound's recovery against the Swiss Franc can extend, according to a new strategy update from Danske Bank.

Will the Pound continue to rise against the euro and where will it end the year? According to a new analysis, Pound Sterling will continue to rise against the Euro "for the time being".

Relief is in sight for the New Zealand Dollar, according to one of the world's biggest banks.

The Euro to Dollar exchange rate could be set for another boost if this week's release of Eurozone PMI's confirm economic improvements.

According to the consensus of investment bank analysts, Pound Sterling is left slightly undervalued following a recent slide.

The Euro to Dollar exchange rate's (EUR/USD) rally is likely to extend, according to a new technical analysis from Société Générale.

The Pound rose against all major currencies this week as it drew a line under prior losses but BofA Global Research says it can still rise further against the Dollar, Euro, Japanese Yen and Swiss Franc up ahead.

Friday's 1.0%-plus advance sends a strong signal; the Euro-to-Dollar exchange rate is in the mood to go higher.

Pound Sterling has declined for three weeks in succession but ultimately clings onto a broadly constructive setup.

Pound Sterling has erased its July gains against a resurgent Euro, and there is only one question to be asked in the coming week: where will the selling end?

The Japanese Yen could be on the cusp of a trend shift, helped by expectations that further Bank of Japan interest rate rises are on the way.

The Franc will continue to weaken thanks to further rate cuts at the Swiss National Bank.

The fiscal straight-jacket of the UK's fiscal rules means the feel-good factor for the Pound can soon end.

GBP/CAD retains a constructive setup, but the coming week could see some of the recent moves retraced as investors account for a potential Bank of England interest rate rise on Thursday.

In our previous edition of the Week Ahead Forecast, we opined that the Pound to the New Zealand Dollar was due to a pullback from notably overbought conditions.

The Pound to Australian Dollar exchange rate can undergo a decent pullback in the coming days as it corrects from heavily overbought conditions.

The Euro to Dollar exchange rate is forecast to remain under moderate pressure in the coming days, with eyes on Eurozone inflation numbers ahead of the Federal Reserve decision and U.S. pay numbers.

The Pound to Dollar exchange rate can remain under pressure into a potential interest rate cut and Friday's U.S. jobs report.