Next Week’s FX Forecast & Events May 04, 2020
USD FX forecast: The dollar has scope for limited near-term gains as market confidence in the global outlook dips again,
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Currency
Foreign exchange and currency topics from the global money transfer experts of Money Transfer Comparison.
GBP vs Euro Rate Slides After UK Manufacturing Output Hits Record Lows
Pound sterling vs euro rate down 0.68% so far in Friday’s session. Pound falls after UK PMI confirms record low
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ING FX Scorecard & Forecasts – AUD & SEK Favoured, USD Vulnerable
AUD and SEK to out-perform other G10 currencies. AUD vs USD rate could see the US dollar looking vulnerable. G10
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Remittances set for Sharpest Decline in Recent History
World Bank predicts a 20% fall in remittance volumes this year This is down from record breaking highs of $554
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Hong Kong Dollar Strength Despite Domestic Issues
USD vs HKD rate hits upper limit of 7.75 HKD driven by Chinese invetment on the Hong Kong Stock Market
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GBP vs USD and GBP vs EUR Strengthens Through Monday
Pound rises against both dollar (0.2%) and euro (0.1%) at spot USD sees falls against GBP, EUR and AUD Long
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USD Impacted if China Wins Digital Currency Race?
China’s central bank (The People’s Bank of China – PBOC) has recently announced it is to launch a trial of
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Next Week’s FX Forecast & Events Apr 27, 2020
Coronavirus exit strategies in focus Global exit strategies by Europe and US will again be an important focus during the
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EUR Rate Slides After Tough Week
EUR vs USD rate falls on cosecutive days this week EUR/GBP rate also down, retreating from a 2-week high on
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GBP to AUD Exchange Rate Drops 0.8% in a Day
GBP to AUD exchange rate drops 0.8% on Thursday Australian dollar continues 3-week uptrend over pound sterling Marks a 4.4%
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