The Krone tumbled on Tuesday but remained a leading contender for outperformance in 2021, according to analysts at Nordea Markets, Goldman Sachs and HSBC among others, who cite the likelihood of Norges Bank interest rate rises this summer for upgraded or otherwise simply bullish forecasts.
March 23,2021
The British Pound and Euro would both likely be losers in a spat over vaccines between the EU and UK, with the U.S. Dollar likely to benefit according to a number of analysts we follow.
March 26,2021
Pound Sterling is tipped to gains against the Euro over coming months, but a near-term pause in the Pound-to-Euro exchange rate (GBP/EUR) rally must be expected say analysts.
March 26,2021
The Lira was crushed early in the new week with losses rivalled those seen by Pound Sterling following the 2016 Brexit referendum after another Central Bank of the Republic of Turkey Governor was shown the door after only a months-long tenure in an apparent political response to last week's interest rate rise.
March 22,2021
Although the Pound failed to rally in the wake of the March Bank of England decision, the narrative surrounding the central bank and the economy over coming months will likely be supportive of the currency.
March 26,2021
The Lira turned back onto recovery road leading GBP/TRY, USD/TRY and EUR/TRY to topple on Thursday after the Central Bank of the Republic of Turkey (CBRT) more-than met expectations with its latest interest rise, prompting some analysts to suggest forecast upgrades are on the way.
March 18,2021
The Bank of England appears to have disappointed those wanting a stronger British Pound by signalling it would not raise interest rates until inflation in the UK has risen significantly.
March 26,2021
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