News
Pound To Rupee FX Forecast: Is GBP To INR Going To Increase This Week?
8+ hour, 22+ min ago (407+ words) The Pound to Rupee (GBP/INR) exchange rate traded around 126. 62 on Thursday, holding close to one-week highs after Sterling rebounded sharply at the start of July while the Indian Rupee struggled to build on June's recovery. GBP/INR remained well…...
'King USD' Still Reigns: Credit Agricole
1+ hour, 22+ min ago (243+ words) The US Dollar has regained momentum in recent weeks, supported by resilient economic data, rising Treasury yields and continued demand for US assets. Credit Agricole believes "King USD" remains firmly in control for now, although the bank expects some of…...
Pound To Dollar Price Forecast: GBP Steady As Fed Chair Warsh Backs Inflation Fight
9+ hour, 22+ min ago (408+ words) The Pound to Dollar (GBP/USD) exchange rate traded in a narrow range on Wednesday as investors digested remarks from the heads of the Federal Reserve and Bank of England at the ECB's annual Sintra Forum. At the time of…...
Can The Chinese Yuan Replace The US Dollar? Uni Credit Says Not Yet
1+ day, 3+ hour ago (254+ words) The US Dollar has strengthened during the Middle East crisis, but Uni Credit argues fears that the Strait of Hormuz dispute will trigger a rapid shift away from the greenback are overstated. The Dollar remains firm against most major currencies,…...
MUFG: Bo J Can Tighten Further, But Japanese Yen May Stay Weak
1+ day, 4+ hour ago (228+ words) The Japanese Yen remains under pressure despite the Bank of Japan's latest rate hike, with MUFG warning that while the case for further policy tightening has strengthened, authorities appear comfortable allowing a gradual rise in USD/JPY for now. USD…...
Pound To Dollar Price Forecast: GBP Lifted By Burnham Speech, Softer Dollar
2+ day, 8+ hour ago (383+ words) The Pound to Dollar (GBP/USD) exchange rate gained ground on Monday as easing US-Iran tensions improved market sentiment and reduced demand for the safe-haven US Dollar. At the time of writing, GBP/USD was trading at $1. 3241, around 0. 3% up on…...
Pound To Australian Dollar Week Ahead Forecast: Two-Month GBP High Despite UK Leadership Change
3+ day, 5+ hour ago (378+ words) The Pound to Australian Dollar (GBP/AUD) exchange rate climbed to its strongest levels in almost two months last week as Sterling shrugged off UK political uncertainty while the risk-sensitive Australian Dollar remained under pressure. At the time of writing,…...
US Dollar-Yen To Retreat To 153 By Year-End: Citi USD/JPY Forecast
4+ day, 8+ hour ago (225+ words) The US Dollar to Yen (USD/JPY) exchange rate has climbed to around 161. 75, extending its rally to fresh multi-year highs as investors continue to favour the US Dollar. Citi remains constructive on USD/JPY in the near term, raising its…...
Pound-to-Euro FX Forecast: GBP Holds Advantage As EUR Stumbles
6+ day, 8+ hour ago (342+ words) The Pound to Euro (GBP/EUR) exchange rate held firm on Thursday as weaker-than-expected German consumer confidence data weighed on the Euro while Sterling remained supported by easing concerns over the UK's political transition. At the time of writing, GBP…...
Oil Prices Crash Below $70: Morgan Stanley Cuts Forecasts
1+ week, 7+ hour ago (239+ words) Oil prices have fallen sharply as the Israel-Iran ceasefire holds, with crude dropping below $70 after trading above $92 just two weeks ago. OIL/USD traded near $69. 97 on Tuesday, its lowest level since the conflict escalated earlier this month, as traders rapidly…...