Finance: News, Insights, Predictions

BofA analysts predict a stronger British pound in the future, as the EUR/GBP currency pair faces pressure leading into 2026.

The GBP/USD exchange rate declined on Thursday as a weakening global risk appetite prompted investors to shift back toward safer assets.

The GBP/JPY currency pair shows resilience, bolstered by the strength of carry trades and differing central bank policies. Traders are targeting the level of 215, contingent on sustained risk appetite following the release of US jobs data.

City Index reports that the bullish conviction for the GBP/USD currency pair is decreasing, highlighting the need for updated news, forecasts, exchange rate data, and transfer comparisons.

This week's forecast from January 11th to 16th, 2026, provides insights into gold, silver, oil, various forex pairs, the NASDAQ 100, and the USD/MXN. It highlights key levels, trends, and the overall market outlook.

The US dollar remains volatile following the release of the jobs report, which showed an increase of 50,000 jobs last month, falling short of the anticipated 65,000.

Corn purchase prices in Ukrainian ports are increasing due to adverse weather conditions and delivery delays. Over the past week, export prices have risen by $2-3 per ton, reaching $204-206 per ton.

The Pound is gradually approaching the €1.15 mark against the Euro, indicating a notable shift in currency exchange rates.

EUR/USD remains under pressure, trading around 1.1650 after a negative close on Thursday. Market participants are now focused on the upcoming Non-Farm Payroll (NFP) report.

MUFG has forecasted that the GBP/EUR exchange rate will reach 1.11 during 2026-2027, driven by anticipated interest rate cuts from the Bank of England.

The Pound is poised to achieve its fourth consecutive weekly gain against the Euro, driven by favorable market conditions.

The Euro has faced resistance for the past four weeks, resulting in a decline of over 1.6% from its December highs. The EUR/USD selloff is now approaching significant trend support, indicating a crucial decision point ahead.

The forecast for EUR corporate supply is set at €485 billion for 2026. This marks an increase from the early 2025 projection of €400 billion, which was already higher than market expectations at that time.

The Pound-to-Euro exchange rate remains steady above 1.15 as investors seek clearer indications that the UK economy can regain momentum heading into 2026.

The euro area economy begins the year on a solid foundation, even amidst noticeable geopolitical risks. We anticipate that quarterly growth will strengthen over the coming months.

US stocks are poised to open higher in response to mixed non-farm payroll data, with a US Supreme Court ruling anticipated soon.

The Pound Sterling (GBP) is currently trading near its weekly low of approximately 1.3420 against the US Dollar (USD) during the European trading session on Friday.

The EUR/USD pair began 2026 on a weak note, declining for the second consecutive week to reach approximately 1.1640, marking its lowest level in a month.

The U.S. Dollar Index strengthened as traders reacted to positive job market data. The Non-Farm Payrolls report indicated that the economy added 50,000 jobs in December, contributing to a decrease in the unemployment rate to 4.4%.

The Pound Sterling (GBP) experienced a significant decline against the US Dollar (USD), dropping from four-month highs of 1.3568 as it tests the weekly support levels.

The Euro has experienced a decline of over 1.6% from its December highs, with a two-week downturn nearing critical support levels. The EUR/USD weekly chart indicates that significant decisions are imminent.

The US dollar continues to strengthen ahead of the Non-Farm Payroll (NFP) report, driven by increasing expectations that the Federal Reserve may pause interest rate hikes. Meanwhile, both GBP/USD and EUR/USD are testing important trend support levels as momentum wanes.

The Pound to Dollar exchange rate (GBP/USD) declined as investors anticipated important US labor market data, which may influence the Federal Reserve's interest rate decisions.

The US Dollar (USD) continues to exhibit a bullish trend, with the US Dollar Index (DXY) building on a strong start to the new trading year. The index remains above the 200-day Simple Moving Average, indicating a positive outlook for the currency in the coming weeks.

The USD/CAD pair has increased by nearly 2% from its December low, approaching significant resistance following the release of today's jobs reports.