Search Results for: Sterling
Dollar slips but poised for winning week on March Fed rate hike bets
March 3rd, 2017
The dollar slipped on Friday but remained on track for a solid weekly gain on growing expectations the U.S. Federal Reserve will raise interest rates at its mid-March meeting, which led to a rise in U.S. Treasury yields. The ...
Global (economic) warming
February 26th, 2017
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and monetary expansion will begin to create …. economic ...
Dollar and Emerging Market FX to rise; Euro to Weaken, Says Morgan Stanley
February 25th, 2017
New FX forecasts have been released by investment bank Morgan Stanley. They continue to reflect a bullish view of the Dollar but more against lower yielding developed market currencies such as the Euro and Yen than emerging market (EM) ...
The Pound to Euro Rate hits a Wall at Notorious 200 Day M.A
February 22nd, 2017
It was an impressive start to the mid-week session for Pound Sterling having broken above a key technical level against the Euro for the first time in months. The exchange rate is now knocking its 200-day moving average; if ...
Pound to Euro Exchange Rate: Week Ahead Forecast
February 6th, 2017
Pound Sterling has pulled reversed recent gains against th Euro after being rejected at highs at 1.18 and is seen valued at 1.1580 ahead of the new week. Although the fundamental backdrop looks marginally more supportive to the Euro ...
Non-committal Fed drives down dollar, dampens stocks
February 2nd, 2017
The dollar slipped to a 12-week low on Thursday and stock and bonds markets both showed caution after the U.S. Federal Reserve stuck to its mildly upbeat view of the world but gave no hint on when it will ...
Pound to Euro Exchange Rate: February Should be an Up-Month
February 2nd, 2017
Pound Sterling trades back above 1.17 against the Euro ahead of the all-important Bank of England event due at mid-day on Thursday, January 2. We saw GBP/EUR jump notably on the first day of what we believe could well ...
US Dollar Predicted to Turn Higher
January 31st, 2017
The Dollar has struggled through the course of 2017 as the solid run higher noted in late 2016 fades. There are a number of cause being attributed for the weakness; yet as we note in this piece consensus is ...
Global trade update
January 30th, 2017
The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Europe The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Even before he had become President his anticipated presence in ...
Massive Demand for UK Gilts Spurs GBP/USD Higher
January 25th, 2017
The Pound to Dollar exchange rate trades at 1.2571 and is the best-performing currency in the G10 space. The Pound to Euro exchange rate trades at 1.1693 with an attempt at 1.17 already having been made today. Gains are ...
