GBP/USD came within a touching distance of 1.2500 on Friday but managed to erase some of its losses to close near 1.2550.
Blogs
USD/CHF consolidates above 0.8780 awaiting US CPI and the FOMC
The Dollar consolidate recent gains, steady above 0.8780. The strong NFP report has provided a fresh impulse to the USD.
EUR/JPY to fall back below 150.00 level by early next year – MUFG
The EUR has weakened sharply since the end of last month. Economists at MUFG Bank analyze Euro’s outlook.
EUR/GBP to continue to trade on the weak side into year-end – ING
Sterling has enjoyed November. Economists at ING analyze GBP outlook ahead of the Bank of England (BOE) meeting.
GBP/USD ticks up above 1.2550 as US Dollar recovery stalls
The pound picks up on Monday with the USD losing steam. Cooling hopes of Fed cuts are likely to keep US Dollar losses limited.
Portugal Global Trade Balance fell from previous €-6.743B to €-7.54B in October
Portugal Global Trade Balance fell from previous €-6.743B to €-7.54B in October
USD to stay elevated at current levels in the near-term heading into US CPI and year-end – TDS
The US Dollar surged higher post Nonfarm Payrolls. Economists at TD Securities analyze Greenback’s outlook.
EUR/GBP: Scope for a drift back to the 0.84 area towards the end of next year – Rabobank
The Pound remains the second best performing G10 currency in the year to date after the CHF.
EUR/USD: A return to 1.10 will have to wait – SocGen
Dollar, bond yields carry over gains from Friday. Economists at Société Générale analyze EUR/USD ahead of Fed and ECB meetings.
EUR/USD remain depressed near 1.0750 support with central banks in focus
The Dollar remains stronger as the US NFP cooled hopes of Fed cuts Monetary policy decisions by the Fed and the ECB to set the pair’s direction this week.