ECB Meeting Preview: FX Analyst Views and Forecasted Moves for the Euro vs Pound, Dollar.US Dollar-Yen Rate to Target 110 as US Growth Surges say MUFG Analysts.USD/CAD Forecast 2021: US Canadian Dollar Rate to Regain Ground, Year-end Call say CIBC.2021-2022 Pound-Dollar Exchange Rate Forecasts Comparison Table: FX Views for Next 3, 6, 9 and 12 Months.Buy the US Dollar vs the Pound, Euro and Sell the Euro-Sterling: Nordea FX Forecasts.Euro to Dollar Rate to Weaken to 1.1700: MUFG Forecast.Pound losses are expected to moderate in 2022 with a net EUR/GBP forecast gain of 5.0% to 0.9000 for March and 2.7% to 0.88 by June 2022. The bank forecasts a further total decline of 3.7% to 1.34 by September 2021 with the rate then expected to remain at this level for the rest of horizon.Īs far as the EUR/GBP exchange rate is concerned, the rate is expected to strengthen to 2.7% to 0.88 by the end of the second quarter with sharp gains of 7.4% to 0.92 with no change into year end. After little change for the first quarter, the rate is expected to weaken to 2.3% to 1.36 by the June 2021.
The GBP/USD exchange rate is expected to trade below current levels throughout the forecast period. USD/JPY is projected to trade in relatively narrow ranges with net losses of 2.9% by the end of 2021 to 106 before a recovery to 108 by June 2022, a decline of 1.1% from the current spot rate. Further gains are expected over the second half of the year with a gain of 3.1% to 1.23 at the end of the quarter with no change into year-end.ĮUR/USD is forecast to retreat in 2022 with the pair back in negative territory with a 1.1% decline to 1.18 by June next year. EUR/USD Forecasts Revised LowerĮURUSD is expected to retreat to 1.1800 at the end of the first quarter, but then post gains with a net advance of 0.6% to 1.20 by mid-2021. HSBC still considers the Pound Sterling vulnerable amid weak fundamentals and projects significant losses. HSBC has revised its dollar forecasts slightly, but the US currency is still projected to weaken during 2021 before reversal next year with EUR/USD peaking at 1.2300. Sustained US Dollar Exchange Rates Rally still Premature, Pound Sterling Vulnerable to a Reversal
0 kommentar(er)
