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9 04, 2026

Coffee prices on April 9th: Slightly increase again

By |2026-04-09T09:03:02+02:00April 9, 2026|Forex News, News|0 Comments


Domestic coffee prices

The domestic coffee market this morning, April 9, recorded green again after a series of consecutive declines.

According to surveys in key growing areas of the Central Highlands, coffee prices simultaneously increased from 600 to 700 VND/kg, bringing the average price level of the whole region to the threshold of 85,900 VND/kg.

In Dak Nong province (old), the purchase price recorded an increase of 700 VND, pushing the price to the highest level in the region at 86,000 VND/kg.

Dak Lak and Gia Lai localities both had an increase of 600 VND, currently trading stably at the 85,800 VND/kg mark.

In Lam Dong province alone, coffee prices also recovered by 600 VND, currently listed at 85,300 VND/kg.

World coffee prices

On the international market, futures exchanges also recorded positive changes in last night’s trading session. The New York Stock Exchange led the upward momentum when the price of Arabica futures for May 2026 surged 7.95 cents (equivalent to 2.78%), closing at 294.05 cents/lb.

At the same time, the London exchange also witnessed the Robusta flush recover slightly by an additional 13 USD (equivalent to 0.39%), closing the session at 3,328 USD/ton. The main driving force for the coffee price to break through came from the fact that the Brazilian Real unexpectedly increased sharply to the highest level in 23 months against the USD. The strengthening of the Brazilian domestic currency has directly limited export sales activities from farmers in this country, and at the same time triggered a wave of short buys from speculative funds on the exchange.

Market outlook

In addition to the exchange rate factor, the market also received support from reports of a decrease in actual supply. The Brazilian Ministry of Commerce has just released data showing that coffee exports of this country in March decreased by 31% compared to the same period last year, reaching only about 151,000 tons.

For the Robusta line, the inventory shortage monitored by the ICE exchange continued to tighten when it fell to its lowest level in 3.75 months, with only 4,005 lots left. This information has temporarily eased the oversupply pressure that has weighed heavily on the market for the past two weeks.

However, the recovery momentum still faces major resistance from long-term macroeconomic forecasts. StoneX organization gave a cautious assessment when saying that the global coffee surplus in 2026 will expand to 10 million bags, marking the largest surplus in the last 6 years.

The prospect of a “super crop” in Brazil with expected output reaching a record 75.9 million bags from Marex Group Plc is still the main factor holding back Arabica prices. In Vietnam, the growth momentum of coffee exports in the first quarter reached 14% (equivalent to 585,000 tons) is also a barrier that prevents Robusta prices from breaking through too strongly.

In the current context, geopolitical and weather factors still play a role as price supporting variables. The continued closure of the Strait of Hormuz is still putting pressure on shipping costs, insurance and fuel costs for global roasters.

In addition, rainfall in key farming areas of Brazil such as Minas Gerais last week only reached 47% of the historical average, raising concerns about actual yield compared to theoretical figures on paper.

The actual price at the purchasing yards may differ depending on the quality of the seeds and the actual transaction agreement.





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9 04, 2026

USD/JPY Price Forecast: Symmetrical Triangle breakdown below 159.00 warrants more downside

By |2026-04-09T08:57:07+02:00April 9, 2026|Forex News, News|0 Comments

The USD/JPY pair trades 0.9% lower to near 158.20 during the European trading session on Wednesday. The pair faces intense selling pressure as the US Dollar (USD) underperforms across the board, following the announcement of a two-week ceasefire between the United States (US) and Iran.

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the New Zealand Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.84% -0.96% -0.89% -0.28% -1.22% -1.62% -1.27%
EUR 0.84% -0.14% -0.06% 0.55% -0.36% -0.82% -0.45%
GBP 0.96% 0.14% 0.06% 0.70% -0.21% -0.66% -0.31%
JPY 0.89% 0.06% -0.06% 0.61% -0.30% -0.72% -0.38%
CAD 0.28% -0.55% -0.70% -0.61% -0.91% -1.32% -0.99%
AUD 1.22% 0.36% 0.21% 0.30% 0.91% -0.42% -0.09%
NZD 1.62% 0.82% 0.66% 0.72% 1.32% 0.42% 0.34%
CHF 1.27% 0.45% 0.31% 0.38% 0.99% 0.09% -0.34%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, is down 0.75% to near 98.75.

Earlier in the day, US President Donald Trump announced that he had suspended planned attacks on Iranian civilian infrastructure for two weeks, as Tehran agreed to the reopening of the Strait of Hormuz, a passage to almost 20% of global energy supply.

Meanwhile, disappeared hawkish Federal Reserve (Fed) bets due to anchoring global inflation expectations, following a temporary truce between the US and Iran, have also weighed on the US Dollar.

According to the CME FedWatch tool, traders have priced out hopes of an interest rate hike this year, a sharp turnaround from expectations of two hikes built after the war started.

USD/JPY technical analysis

USD/JPY plummets to near 158.20 during the day. The near-term trend of the pair has turned bearish, following a breakdown of the Symmetrical Triangle formation on a four-hour timeframe. Price now holds below the broken ascending support line from 157.46, reinforcing the loss of upside structure, while the 200-period EMA near 158.40 caps intraday rebounds as dynamic resistance.

The 14-day Relative Strength Index (RSI) has dropped to 28, entering oversold territory and signaling strong bearish momentum, though stretched conditions could slow immediate downside extension.

Initial resistance emerges at the confluence of the 200-period EMA and former support trend-line area around 158.40, with the descending trend line adding another barrier closer to 159.00. A recovery through 159.00 would open 159.60 as the next resistance band and neutralize the current downside pressure.

On the downside, minor support is seen at 157.50, and a clear break below this would confirm a deeper bearish phase toward 157.00. Oversold RSI suggests that any bounce into 158.40–159.00 is likely to be treated as a selling area while price holds below the descending trend line.

(The technical analysis of this story was written with the help of an AI tool.)

Risk sentiment FAQs

In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period referenced. In a “risk-on” market, investors are optimistic about the future and more willing to buy risky assets. In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest.

Typically, during periods of “risk-on”, stock markets will rise, most commodities – except Gold – will also gain in value, since they benefit from a positive growth outlook. The currencies of nations that are heavy commodity exporters strengthen because of increased demand, and Cryptocurrencies rise. In a “risk-off” market, Bonds go up – especially major government Bonds – Gold shines, and safe-haven currencies such as the Japanese Yen, Swiss Franc and US Dollar all benefit.

The Australian Dollar (AUD), the Canadian Dollar (CAD), the New Zealand Dollar (NZD) and minor FX like the Ruble (RUB) and the South African Rand (ZAR), all tend to rise in markets that are “risk-on”. This is because the economies of these currencies are heavily reliant on commodity exports for growth, and commodities tend to rise in price during risk-on periods. This is because investors foresee greater demand for raw materials in the future due to heightened economic activity.

The major currencies that tend to rise during periods of “risk-off” are the US Dollar (USD), the Japanese Yen (JPY) and the Swiss Franc (CHF). The US Dollar, because it is the world’s reserve currency, and because in times of crisis investors buy US government debt, which is seen as safe because the largest economy in the world is unlikely to default. The Yen, from increased demand for Japanese government bonds, because a high proportion are held by domestic investors who are unlikely to dump them – even in a crisis. The Swiss Franc, because strict Swiss banking laws offer investors enhanced capital protection.

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9 04, 2026

Gasoline and oil prices today 9. 4: Inverting direction

By |2026-04-09T05:01:44+02:00April 9, 2026|Forex News, News|0 Comments


World oil prices today

World gasoline and oil prices fluctuated sharply. At the end of yesterday’s trading session, WTI oil prices decreased by 16.41%, and Brent oil decreased by 13.29%.

By this morning’s session, both oil commodities reversed to increase. At 7:30 am (Vietnam time), WTI crude oil price was at 97.04 USD/barrel, up 2.63 USD/barrel, equivalent to an increase of 2.79 percent. WTI oil closed the previous trading session at 94.41 USD/barrel and opened today’s session at 96.63 USD/barrel.

Brent oil price was at 97.10 USD/barrel, up 0.715 USD/barrel, equivalent to an increase of 0.74%. Brent oil price closed the previous trading session at 96.30 USD/barrel and opened today’s session at 96.40 USD/barrel.

According to analysts, developments related to the Strait of Hormuz are causing strong fluctuations in world oil prices.

After President Donald Trump announced a 2-week postponement of Iran’s civilian infrastructure attack plan, oil prices fluctuated sharply. This move was described by him as part of a “two-way ceasefire agreement”, depending on Iran reopening the Strait of Hormuz.

The US has received a 10-point proposal from Tehran, which is seen as the basis for negotiations, and emphasized the delay to create more time to complete a potential agreement. Iran agreed to reopen the Strait of Hormuz temporarily if hostilities are stopped, with transportation activities coordinated by its armed forces. Israel is also said to have accepted this agreement.

Previously, the near-closure of the Strait of Hormuz – a shipping route transporting about 20% of global oil supplies – had significantly disrupted the energy market.

Domestic gasoline prices today

On April 9, retail gasoline and oil prices according to the price list announced by Petrolimex in region 1 and region 2 are as follows:

Domestic gasoline and oil prices on April 9 according to the price list announced by Petrolimex

Gasoline and oil discount today

– Hoang Trong General Trading Co., Ltd.:

+ Hai Linh Warehouse, Petec, Dinh Vu: Diesel Oil 0.05S: 8,000 VND/liter; RON 95 – III gasoline: 3,000 VND/liter.

+ Bac Ninh Warehouse: Diesel Oil 0.05S: 7,850 VND/liter; RON 95 – III gasoline: 2,850 VND/liter.

+ Nghi Son Warehouse: Diesel Oil 0.05S: 8,000 VND/liter; RON 95 – III gasoline: 3,000 VND/liter.

– Tu Luc Petroleum Joint Stock Company 1:

+ Diesel oil 0.05S – II: 5,500 VND/liter;

+ Diesel oil 0.001S-V: 5,200 VND/liter;

+ RON 95 – III gasoline: 1,500 VND/liter;

+ E5 gasoline: 1,500 VND/liter.

– MIPEC Petroleum Trading and Trading Co., Ltd. – MIPEC Petro (applied to the Northern region):

+ RON 95 – III gasoline: 1,500 VND/liter.

+ Diesel oil 0.05S-II: 1,500 VND/liter.

+ Diesel oil 0.05S: 13,000 VND/liter.

Domestic gasoline and oil price forecast for the next period

According to a representative of a gasoline and oil business, domestic gasoline and oil prices will fluctuate according to the world gasoline and oil situation. According to current market developments, it is predicted that in the next price adjustment period, retail gasoline and oil prices may decrease. In which, oil prices are forecast to decrease very sharply.

Today’s gasoline and oil prices are for reference only and may change according to market developments.

Refer to more articles about gasoline and oil prices HERE.





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9 04, 2026

Forecast update for EURUSD -08-04-2026.

By |2026-04-09T04:56:04+02:00April 9, 2026|Forex News, News|0 Comments

The EURJPY pair renewed the positive attempts since yesterday, due to the continuation of providing positive momentum by the main indicators by its rally above the initial resistance at 184.80, to test the barrier at 185.45 to bounce directly to settle near 184.90.

 

The price might be forced to provide mixed trading by its stability below 184.45, and there is a chance for forming bearish waves to target 184.20 and 183.70 level, while its success to surpass the barrier at 185.45 will open the way for forming strong bullish waves, to expect reaching 186.00 initially, reaching 186.65.

 

The expected trading range for today is between 184.40 and 185.45

 

Trend forecast: Fluctuated

 



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9 04, 2026

Natural Gas Price Forecast: Breakdown Signals Further Downside Risk

By |2026-04-09T01:00:04+02:00April 9, 2026|Forex News, News|0 Comments


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9 04, 2026

The EURJPY attempts to recover the positivity– Forecast today – 8-4-2026

By |2026-04-09T00:55:09+02:00April 9, 2026|Forex News, News|0 Comments

The EURJPY pair renewed the positive attempts since yesterday, due to the continuation of providing positive momentum by the main indicators by its rally above the initial resistance at 184.80, to test the barrier at 185.45 to bounce directly to settle near 184.90.

 

The price might be forced to provide mixed trading by its stability below 184.45, and there is a chance for forming bearish waves to target 184.20 and 183.70 level, while its success to surpass the barrier at 185.45 will open the way for forming strong bullish waves, to expect reaching 186.00 initially, reaching 186.65.

 

The expected trading range for today is between 184.40 and 185.45

 

Trend forecast: Fluctuated

 



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8 04, 2026

Silver Price Forecast: XAG/USD consolidates within bearish flag on 4-hour chart

By |2026-04-08T20:58:58+02:00April 8, 2026|Forex News, News|0 Comments


Silver (XAG/USD) trades with a positive bias on Wednesday, supported by a broadly weaker US Dollar following a two-week ceasefire agreement between the United States and Iran. At the time of writing, XAG/USD is trading around $74.50, up nearly 2% on the day after hitting an intraday high of $77.65.

Despite the softer Greenback, the metal struggles to extend gains as traders continue to assess evolving geopolitical risks. While Crude prices retreated sharply after the ceasefire news, the decline has stalled amid uncertainty around the durability of the agreement.

Reports of airstrikes across the Middle East, including Israeli strikes on Lebanon and attacks reported in Saudi Arabia, the UAE, Kuwait, Qatar, and Bahrain, highlight persistent tensions. Iranian officials have also warned that Tehran could withdraw from the ceasefire agreement if attacks on Lebanon continue.

This keeps markets on edge over whether a full resolution can be reached and whether Oil prices can see a meaningful and sustained decline. Until then, expectations for tighter monetary policy are likely to remain in place, limiting further upside in non-yielding assets like Silver.

From a technical perspective, the 4-hour chart shows XAG/USD trading within a bearish flag pattern. The near-term bias is mixed as prices stabilize between key moving averages.

The 100-period Simple Moving Average (SMA) at $72.63, which closely aligns with the lower boundary of the flag, is acting as immediate support and cushioning the downside. A break below this level could confirm a bearish continuation, exposing the next support at Tuesday’s low near $68.28, followed by the March swing low around $61.00.

On the upside, the 200-period SMA near $79.00 coincides with the upper boundary of the flag and continues to cap gains. A sustained break above this zone would negate the bearish structure and could trigger a recovery toward the mid-$80s, with scope to extend toward the $90.00 region.

Momentum indicators remain mildly constructive. The Relative Strength Index (RSI) is hovering in the mid-50s, while the Moving Average Convergence Divergence (MACD) remains in positive territory, suggesting steady buying interest despite the consolidation within the broader uptrend.

Silver FAQs

Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.



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8 04, 2026

EUR/JPY Price Forecast: Trades near 185.00 after pulling back from upper channel boundary

By |2026-04-08T20:54:17+02:00April 8, 2026|Forex News, News|0 Comments

EUR/JPY edges lower after two days of gains, trading around 185.00 during the European hours on Wednesday. The technical analysis of the daily chart suggests the currency cross is moving upwards within the ascending channel pattern, indicating bullish bias.

The near-term bias stays mildly bullish as the EUR/JPY cross holds comfortably above the 50-day Exponential Moving Average (EMA), while the nine-day EMA rises above the medium-term average, reinforcing a short-term uptrend within an established broader advance.

Momentum backs this tone, with the Relative Strength Index (RSI) around 59, holding above the 50 line and confirming persistent buying pressure rather than overbought excess.

The EUR/JPY cross may retest the immediate resistance at the upper ascending channel boundary around 185.70. Further advances above the channel would reinforce the bullish bias and lead the EUR/JPY cross to explore the region around the all-time high of 186.88, reached on January 23.

On the downside, the initial support lies at the nine-day EMA of 184.33. A break below the short-term average would weaken the bullish bias and lead the EUR/JPY cross to test the 50-day EMA at 183.58, followed by the lower boundary of the ascending channel around 183.00.

EUR/JPY: Daily Chart

(The technical analysis of this story was written with the help of an AI tool.)

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the New Zealand Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.78% -1.06% -0.82% -0.14% -1.05% -1.52% -1.15%
EUR 0.78% -0.30% -0.04% 0.63% -0.28% -0.78% -0.39%
GBP 1.06% 0.30% 0.26% 0.93% 0.04% -0.46% -0.09%
JPY 0.82% 0.04% -0.26% 0.68% -0.20% -0.69% -0.32%
CAD 0.14% -0.63% -0.93% -0.68% -0.88% -1.35% -1.01%
AUD 1.05% 0.28% -0.04% 0.20% 0.88% -0.49% -0.13%
NZD 1.52% 0.78% 0.46% 0.69% 1.35% 0.49% 0.36%
CHF 1.15% 0.39% 0.09% 0.32% 1.01% 0.13% -0.36%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

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8 04, 2026

Coffee prices on April 8th: Shocking reduction

By |2026-04-08T16:58:01+02:00April 8, 2026|Forex News, News|0 Comments


Domestic coffee prices

The coffee market this morning, April 8th, recorded a simultaneous decrease of 4,000 VND in all key purchasing areas in the Central Highlands region.

The average price across the region is currently only anchored at the threshold of 85. 200 VND/kg after the sell-off wave on international exchanges spread widely.

Specifically, in Dak Nong province (old), the purchase price retreated to 85,300 VND/kg, while in Dak Lak and Gia Lai it stood at the same mark of 85,200 VND/kg.

Lam Dong province currently has the lowest price in the region when trading around the threshold of 84,700 VND/kg.

World coffee prices

On international exchanges, coffee prices also simultaneously decreased sharply due to the impact of the latest supply and demand forecasts.

The London exchange witnessed the price of Robusta for May 2026 delivery fall 133 USD, closing at 3,315 USD/ton, this is the lowest level for near futures in the past 8 months.

On the New York exchange, Arabica prices also fell 11.95 cents to 286.10 cents/lb. Investors are stepping up position liquidation as they face information that the global coffee surplus in 2026 could reach 10 million bags according to StoneX’s forecast. This is considered the largest surplus in the last 6 years, putting heavy pressure on market sentiment.

Market outlook

The main reason for this price reduction comes from the prospect of abundant supply from major producing countries. Marex Group forecasts Brazil’s output in the next crop year to reach a record 75.9 million bags, an increase of more than 15% compared to the previous year. At the same time, Vietnam’s Q1 export figures increased by 14% to 585,000 tons, showing that goods are circulating quite strongly in the international market. Although factors such as the closure of the Strait of Hormuz or low rainfall in Brazil are still supporting transportation costs and crop risks, that is not enough to stop the decline as record surplus reports continuously appear.

It is forecasted that in the coming time, domestic coffee prices will continue to face a major challenge around the threshold of 84,000 – 85,000 VND/kg.





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8 04, 2026

Pound-to-Euro Week Ahead Forecast: Best GBP Levels in Play

By |2026-04-08T16:53:18+02:00April 8, 2026|Forex News, News|0 Comments


– Written by

The Pound to Euro exchange rate (GBP/EUR) climbed above 1.1550 to one-month highs as shifting Bank of England rate expectations and position adjustments supported Sterling despite heightened geopolitical tensions.

Rising energy prices following escalating conflict in the Middle East have complicated central-bank policy expectations, prompting markets to reconsider the timing of Bank of England rate cuts while the Euro faces pressure from Europe’s dependence on energy imports.

GBP/EUR Forecasts: BoE rethink?

After initial vulnerability, UBS expects that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.1630 by the first quarter of 2027.

MUFG, in contrast, still forecasts that GBP/EUR will slide to 1.11 by the end of 2026.

Middle East developments dominated during the week with a surge in energy prices as the US and Israel attacked Iran aggressively while Iran retaliated with missile strikes across the region.

GBP/EUR was broadly resilient and a break above 1.1500 triggered a 1-month high above 1.1550. There was clear evidence of position adjustment with a covering of short Pound positions while the Euro was hit by a liquidation of long positions.

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A shift in Bank of England expectations also underpinned the Pound with expectations that the Bank of England would decide not to cut rates this month due to elevated uncertainty.

Nomura has been notably bearish on the Pound, but has tempered its short-term view; “The risk now is that the market finds it relatively easy to price out BoE rate cuts, but the hurdle to pricing in meaningful rate hikes in the euro area is higher. Indeed, the two-year swap spread has moved from just under 120bp in GBP’s favour to nearly 130bp in the last few days.”

It noted; “This has overwhelmed any potential relative “safe haven” demand for EUR relative to GBP, which is often seen when global equities are under pressure.”

The bank added; “if energy prices stay elevated. In the short term, EUR may face slightly more pressure than GBP from these forces.”

UBS has a positive medium-term Pound outlook; “We expect the pound to recover in the second half of this year and into 2027—especially given its current undervaluation—as the political landscape becomes clearer after the May elections and the BoE nears the end of its easing cycle.”

Natixis sees the risk of near-term Pound selling; “In the short term, EUR/GBP could move back above 0.88 (GBP/EUR below 1.1360), especially ahead of the local elections on May 7, which risk adding another layer of political uncertainty.”

UBS does have reservations over the near-term Pound outlook; “With local and regional elections scheduled for May and monetary easing likely to continue through to June, we don’t expect sterling to outperform in the near term. Meanwhile, Europe’s recovery is gaining momentum, with increased fiscal spending in defense-related sectors starting to show.”

MUFG expects rate cuts will be delayed rather than cancelled; “We assume the BoE will hold off from a cut this month due to higher energy prices stemming from Middle East risks, before delivering two further cuts in Q2 and Q3.”

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