Exchange Rate Forecasts

Danske Bank lowers its forecast profile for EUR/USD saying the U.S. Dollar is yet to hit new highs and the Eurozone's trade shock is likely to persist.

AUD and NZD are set to extend their decline as commodity prices prove unsupportive and a fall in global stock markets continues well into 2023.

Foreign exchange strategists at Nomura are as sure as they possibly can be that the Pound to Dollar exchange rate is on course for a substantial decline that takes it below parity.

HSBC has advocated a lower Euro trend for over a year and does not believe it is set to reverse yet.

Goldman Sachs says a recent rebound in GBP is partly a result of the disruptions in UK pension plans which has led to some significant, but temporary, repatriation back to the UK in order to raise capital.

Pound Sterling is tipped to fall against the Euro over the coming days by strategists at RBC Capital Markets in their latest "Trade of the Week" recommendation.

Goldman Sachs cut AUD forecasts, raising GBP/AUD forecast profile. Credit Suisse says staying bearish AUD.

Global Reach Group have released their latest pack of key Pound Sterling forecasts covering the remainder of 2022 and the first three quarters of 2023.

The Swiss Franc is tipped to make another push higher against the Euro and Pound over the coming weeks, but economists say 2023 will see a broader retreat by one of the world's favoured safe-havens.

The cost of living crisis meets a cost of borrowing crisis, leaving the British Pound exposed to deeper losses against the Euro and Dollar say economists.

It is too soon to call a pivot in the Euro to Dollar exchange rate (EUR/USD) say analysts, with one warning new lows will be gouged out over coming weeks.

Where is the key resistance for this market and how far does it have to climb before it can reverse the damage wrought by Truss and her team?

Dip below 1.10 likely again says BMO, Kwarteng's tenure as Chancellor will be a short one.

Analyst Fawad Razaqzada at City Index queries whether the EUR/USD recovery has legs or is again destined for failure.

UK financial markets have been in turmoil since the UK Prime Minister Liz Truss’ mini-Budget.

The British Pound is undergoing a major adjustment lower that will only end once it has fallen below parity, says a leading economist.

The Pound to Dollar exchange rate is set to fall below 1.0 before the end of the year, according to new research.

Investment bank Goldman Sachs has slashed its forecasts for the British Pound, showing further losses against the Euro are likely and a retest of the recent lows against the Dollar are likely.

Matt Weller, Global Head of Research of City Index, details what to watch on the path to pound parity.

"Looked at through the most meaningful measures, it is clear that the current level of GBP is not an impediment to further significant falls" - RBC Capital.