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According to new forecasts from Rabobank, the Pound-to-Euro exchange rate reached one-year highs this week, which it's likely to remain in the months ahead. Sterling has proven more resilient against a recovering Dollar than its European counterpart and many other peers in recent weeks. This enabled the Pound-to-Euro as well as other Sterling exchange rates to rise, which … [Read more...] about UK Pound and Euro Forecast Raised at Rabobank but Uncertain Conditions Ahead

The Euro's fortunes could change in April as the EU receives a substantial bump in vaccine supplies, a development that comes just as the UK sees its vaccine supplies come under pressure, spelling a potential reversal in fortunes for the Pound-Euro rate over coming weeks. The Slowdown in Rollout Could Hurt GBP  Analysts consider vaccinations an important input in foreign … [Read more...] about UK Pound’s Vaccine Star Could Face as Euro’s Vaccine Star Begins to Glow

Month-end and quarter-end flows will be in focus today. Foreign exchange analysts and commentators will offer them a default explanation for any notable and unexpected exchange rate moves. However, the mechanics behind such moves are not clear, and predicting which currencies will move is difficult. Still, researchers at RBC Capital Markets have identified the Canadian … [Read more...] about UK Pound and Canadian Dollars has Dependable Month-End Patterns Says RBC Capital Markets

Foreign exchange analysts at Wall Street investment bank Goldman Sacks maintain a view that the U.S. Dollar will decline over the coming 12 months, even as they acknowledge the currency's strong start to 2021 has confounded their expectations. USD Lowering on the Market Analysts meanwhile maintain a view that the Pound should benefit "on a tactical basis," supported by the … [Read more...] about UK Pound to US Dollar Forecast as Goldman Sachs Still After a Lower USD

The British Pound is attempting to push higher against the Australian Dollar once again at the start of a new week and ahead of quarter- and month-end, as the UK currency finds itself in the driver's seat. Still, the Aussie Dollar looks decidedly more mixed and uncertain. Increase in Pound Sterling on the Market A rise in Sterling against the majority of the world's largest … [Read more...] about UK Pound and Australian Dollar Exchange Sees Best Rate in 2021