Exchange Rate Forecasts

The Euro to Dollar exchange rate is on course to break below 1.05, according to a new analysis from Société Générale.

GBP/CAD is forecast to see gains fade near 1.1710 and losses staunched close to 1.7130 in the coming week, which will be dominated by UK and Canadian inflation releases.

GBP/NZD could be turning higher again amidst solid technical support and deteriorating global investor sentiment, but inflation data from both New Zealand and the UK could provide two-way volatility this week.

While the Australian Dollar still looks vulnerable to a further deterioration in market sentiment, but buoyant global commodity prices and a strong domestic jobs report should limit the downside in the coming weak.

Last week's heavy losses for the Euro against the Dollar open the door to further declines in the coming days.

The Dollar is in charge, but the pace of recent advances could be a case of 'too fast, too soon' and a pullback could be on the cards this week.

The Pound to Euro exchange rate could see volatility this week - albeit within a constricted range - as we navigate the release of UK wage and inflation data.

The trend for the EUR/USD is getting more bearish now, writes Fawad Razaqzada, Market Analyst at City Index.

The Pound to Euro exchange rate has risen ahead of the European Central Bank's March interest rate decision, with analysts saying the Eurozone's single currency saying it looks cheap.

The Pound to Franc exchange rate might be in rarefied air at current levels, with one Swiss private bank predicting it will fall over the remainder of the year.

The Euro to Dollar exchange rate is richly priced says ING, but even a "dovish" European Central Bank (ECB) this Thursday won't topple it.

GBP/CAD is looking a whole lot perkier than at this same point one week ago, courtesy of that soft Canadian jobs report on Friday.

The Pound to New Zealand Dollar exchange rate is undergoing a period of consolidation, but the broader uptrend remains intact. This week's highlight is the RBNZ decision.

The Pound to Australian Dollar exchange rate is at risk of testing fresh multi-week lows in the coming days, especially if Wednesday's U.S. inflation report undershoots expectations.

The Euro is tipped to stay above 1.08 against the Dollar over the duration of the coming week, which will see two major tests in the form of Wednesday's U.S. inflation report and Thursday's European Central Bank decision.

Pound Sterling's solid recovery late last week following the U.S. job report blowout offers a telling clue as to how this week's price action might pan out.

We expect Pound Sterling to recover against the Euro this week, but our confidence in a rebound is lower than at the same point just one week ago.

Japanese lender MUFG Bank says the Yen faces a decisive turning point and will bring an end to the spell of multi-year declines against the Dollar, Pound and Euro.

French bank Natixis has cut its forecast for the Euro to Dollar exchange rate and warns risks are pointed to the downside if Donald Trump wins in November.

The Australian Dollar is the preferred commodity currency with strategists at Bank of America (BofA) who say industrial metal market dynamics are proving supportive.