"Upside risks building" reads the headline to the latest global overview of the New Zealand economy and its components, including the New Zealand Dollar, by Auckland Savings Bank.
May 12,2021
With political considerations now largely out of the way, investors have been able to focus fully on the Bank of England's seemingly bullish outlook for the UK economy and have purchased the British Pound.
May 11,2021
The Pound-to-Canadian Dollar rate entered the new week on its front foot but is now trading under the auspices of a new and lower range that could ultimately see Sterling capped by the 1.72 level in the absence of a setback for Canada’s Loonie.
May 10,2021
The Euro-to-Dollar exchange rate entered the new week near its late February highs but could reclaim further lost ground over the coming days now that the global economy is showing signs of shifting into a higher gear and the market has blinked in an attempted stare down of the Federal Reserve.
May 10,2021
The Pound-to-Dollar exchange rate starts the new the week above 1.40 amidst a broadbased buying of the Pound.
May 10,2021
The Pound-to-Euro exchange rate could be lifted by a dissipation of domestic political risks this week but gains may be slower to materialise than in the past, leading GBP/USD to outperform GBP/EUR during the weeks ahead in the absence of any upside surprises to new forecasts from the Bank of England.
May 9,2021
The Pound-to-New Zealand Dollar rate could test the upper bound of a likely short-term trading range ahead of the weekend if a pending policy decision from the Bank of England (BoE) casts the market as too pessimistic on UK interest rate prospects this Thursday.
May 5,2021
There is a chance the Bank of England will announce a boost to its quantitative easing programme at its Thursday 06 policy event, according to economists at TD Securities.
May 5,2021
The Pound-to-Canadian Dollar rate entered the new week near 2021 lows and facing an uphill struggle to recover in the absence of a let up from a rampantly strong Canadian Dollar or boost from the Bank of England this Thursday.
May 3,2021
The Euro-to-Dollar exchange rate entered the new week appealing for dip buyers to salvage its earlier recovery after a U.S. Dollar power surge asked fresh questions of the short-term outlook for the single currency.
May 3,2021
The Pound-to-Dollar exchange rate entered the new week down sharply from April highs after being turned over by bad global market weather on Friday, but would be likely to sustain a recovery if given the all clear by the Bank of England on Thursday.
May 3,2021
The Pound-to-Euro exchange rate has been an almost tranquil harbour of stability through recent market turbulence but may find any upward endeavours frustrated this week and itself frozen in the headlights of an oncoming Bank of England decision that will capture the market’s attention on Thursday.
May 3,2021
The British Pound and Euro have succumbed to a grinding war of attrition around the 1.15 area in the Pound-to-Euro exchange rate, leaving those with FX transaction requirements wondering just how this market will resolve itself.
April 30,2021
The Euro has advanced against a broadly weaker U.S Dollar over the course of the past 24 hours, with analysts saying the door is ajar to a fresh test of the 2021 high.
April 29,2021
Foreign exchange strategists at investment bank Nomura are forecasting a rally higher in the Euro against the Dollar driven by positive portfolio flows over coming weeks and months.
April 28,2021
A surge in iron ore prices has analysts at one Australian lender saying the fair-value of the Australian Dollar has risen to above the levels the currency currently finds itself at.
April 28,2021
The Swiss Franc was stronger against major counterparts on Tuesday although both technical and fundamental analysts have tipped clients off this week that the Swiss currency could be on the cusp of a sustained depreciation against a recovering Euro.
April 28,2021
The Australian Dollar is "now back in the ascendancy" against the U.S. Dollar says National Australia Bank (NAB), although their latest suite of currency forecasts show the Australian unit could lose ground against the Pound over coming months.
April 26,2021
The Euro-to-Dollar exchange rate recovery gathered steam last week and is likely to continue over the coming days.
April 26,2021
The Pound-to-Dollar exchange rate is on the cusp of another firecracking rally that will be aided by investors' improving sentiment toward the global economy as well as trade-weighted depreciations of the greenback and Chinese Renminbi.
April 25,2021
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