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EURGBP - USD, EUR, GBP Price Forecast: Navigating Through Services and Manufacturing PMI Data

22-02-2024 00:19

Amid volatile PMI forecasts, the US Dollar dips to 103.678, signaling market unease and investor caution in anticipation of economic indicators.

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"Constructive": BofA Lifts Pound Sterling Forecasts vs. Euro and Dollar

The Euro to Pound exchange rate is seen at 0.84 by mid-year, down from 0.87 previously, and 0.84 by year-end, down from 0.88 previously. "For EUR/GBP, our profile is almost the mirror image of the ...

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USD, EUR, GBP Price Forecast: UK Borrowing Dips, Focus Shifts to US FOMC Minutes

Amidst UK borrowing’s decline, currency markets pivot towards US FOMC Minutes, anticipating crucial insights for market direction and momentum.

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Euro: Wage Growth Moderates In The EU, Progress Too Slow For Early Rate Cuts

Wage growth in the EU fell from 4.7% to 4.5% in the fourth quarter. This is an improvement, but only a slight one and the ECB won’t feel encouraged to cut rates early. The Euro has held steady and is ...

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Bounce in EUR/USD continues while EUR/GBP slips and GBP/USD rises

GBP/USD has finally managed to bounce off its October-to-February uptrend line and 200-day SMA at $1.2564 to $1.2554. While the early-February low at $1.2519 holds further sideways trading is to be ...

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