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
The Pound-to-Euro exchange rate edged lower last week but is likely to close the gap over the coming days with a swift reclamation of 1.15 leading to a choppy but ascending range throughout this quarter.
April 26,2021
The Canadian Dollar outperformed on Thursday having notched up gains over all majors including Pound Sterling and may be on course for even further gains, according to multiple forecasters who’ve been cheered by the latest guidance from the Bank of Canada.
April 23,2021
The Euro-Dollar rate was holding above 1.20 on Tuesday after a strong start to the week but has been tipped as a buy at Goldman Sachs and forecast to reach pandemic era highs of 1.25 over the next three months.
April 20,2021
Foreign exchange analysts at Credit Suisse are backing a stronger Canadian Dollar in 2021 as they tell clients they are looking through the current rebound in Covid-19 infections and expect the Bank of Canada to continue 'tapering' its quantitative easing programme.
April 20,2021
The 'reflation trade' keeps the British Pound underpinned says Fawad Razaqzada, Market Analyst at ThinkMarkets.com.
April 20,2021
The Euro-to-Dollar exchange rate entered the new week with the 1.20 level and above in its crosshairs, although could be set to cool its heels ahead of Thursday’s European Central Bank (ECB) monetary policy decision.
April 19,2021
GBP/USD enters the new week 0.30% higher at 1.3895 and will look to make Monday its sixth consecutive daily advance.
April 19,2021
Foreign exchange strategists are looking for a recent decline in the value of the British Pound against the Euro to accelerate and they have recommended buying EUR/GBP as a result.
April 19,2021
The Pound-to-Euro exchange rate has risen from April lows but may face choppy conditions this week as Sterling and the single currency navigate an economic data deluge and European Central Bank policy update.
April 18,2021
Analysis from ABN AMRO shows the Dollar's recent weak patch is likely to be temporary, but when the currency does find its form again strength will likely be more modest than was the case previously.
April 15,2021
Technical analysis from Credit Suisse shows the Euro's recent rally against the U.S. Dollar is closing in on levels that could well prompt a reversal.
April 15,2021
The Pound-to-Dollar rate edged higher Wednesday having regained its composure following last week's corrective sell-off, although some analysts say it has scope to recover even further in the coming weeks.
April 14,2021
2021 is still likely to see the Australian Dollar appreciate says analysts at Australian lender Westpac, however a resumption of gains are tipped to be a feature of the second half of the year.
April 9,2021
Foreign exchange analysts at two leading global investment banks are looking through the Euro's recent weakness and tell clients they see the single currency rebounding in tandem with an acceleration in the EU vaccination programme.
April 8,2021
The Euro's decline against the Dollar is not yet over according to new research, however the Eurozone's single currency will nevertheless still stage a recovery into year end.
April 7,2021
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