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Forecast sunny, but don’t rely on it

We are in the final stage of compiling our currency forecasts for the months and year ahead. These are not our forecasts, I hasten to add, but an amalgation of forecasts from the leading banks. We don’t believe in making forecasts ourselves, and I’ll...


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GBP: Markets await wage data release

It’s a quiet day for the pound today, although comments by the German Foreign Minister, Heiko Maas, that Germany would not support further Brexit extensions after 31st October did cause a brief weakening. Today, the important release will be wage data, expected to...


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EUR: Economic sentiment figures set for release

Euro weakened slightly against the pound and dollar yesterday evening, but has otherwise had a stable few days. Today, we will see the ZEW economic sentiment index for April, expected to come in worse than the previous month, from -2.5 to -7. It’s a sign of the...


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Positive signs on US trade talks

There have been positive signs on US trade talks with both the EU and China, with EU leaders agreeing last night to negotiating directives for their trade talks. It could well be that the spectre of a US-EU trade war will remain just that, although there are still...


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