Against which currency, will GBP fall the most this year?

Since the start of 2016 until October 7, GBP has fallen 37% vs JPY, 26% vs NZD, 25% vs AUD, 24% vs CAD, 22% vs EUR, 21% vs CHF and 18% vs USD. This means: so far this year, JPY is the strongest and USD is the weakest (after the GBP). So, by year-end, against which currency do you expect GBP to have lost the most? Will it continue to be JPY, or it will it be USD, EUR, AUD, CAD, NZD or CHF?

Oct 9, 2016 17:10

Against which currency, will GBP fall the most this year?

JPY
 
 37%
NZD
 
 3%
AUD
 
 7%
CAD
 
 7%
EUR
 
 13%
CHF
 
 6%
USD
 
 27%
Voting for this poll is now closed
Comments (Showing latest 10 of 10) View All Comments
Dodger
London, UK
Posts: 139
4 months ago
Jan 2, 2017 22:06
Vote: JPY

Equity markets are overbought and sure to hit headwinds in the coming year which will benefit the Japanese Yen.
Moa
Åsen, Norway
Posts: 0
6 months ago
Nov 21, 2016 7:49
Vote: USD

The dollar will go nuts with Trump as president.
oldgreywhistletest
mulhouse, France
Posts: 0
6 months ago
Nov 13, 2016 11:24
In reply to oldgreywhistletest's post
""The Federal Department of Finance (FDF) and the Swiss National Bank (SNB) have
signed a new agreement regarding the SNB’s profit distribution for 2016 to 2020.
Subject to a positive distribution reserve, the SNB will in future pay CHF 1 billion p.a.
to the Confederation and cantons, as was previously the case. In future, however,
omitted distributions will be compensated for in subsequent years if the distribution
reserve allows this.""

Source: Swiss national Bank.
oldgreywhistletest
mulhouse, France
Posts: 0
6 months ago
Nov 13, 2016 11:20
In reply to oldgreywhistletest's post
i lean that britain will rapatriate funds from swiss vault that push the gbp to 1.32
oldgreywhistletest
mulhouse, France
Posts: 0
6 months ago
Nov 13, 2016 11:19
Vote: CHF

funds rapatriation
tradingwala
Mumbai, India
Posts: 0
6 months ago
Nov 9, 2016 14:06
In the meantime, EURO fighting for the 2nd position. It should reach there by next week. Last time it was at 4th position just ahead of CHF!

Now the next point of contention i.e. rate hike decision in Dec 2016 now OVER, the only important event remaining is 8th dec, 2016 ECB meet.

Exactly a month to go for that and then we have to ALSO prepare for the Santa Rally - lol
AnRan
Hangzhou, China
Posts: 0
7 months ago
Oct 25, 2016 18:41
Vote: JPY

BOJ does whatever it needs to do to reach its goals. Fed plays the "world economy" card to prevent its rate hikes.
Dr3emi
Dublin, Ireland
Posts: 0
7 months ago
Oct 24, 2016 0:50
Vote: USD

rate hike for us dollar, weaker sterling
tradingwala
Mumbai, India
Posts: 0
7 months ago
Oct 13, 2016 19:39
Vote: EUR

Though JPY looks a clear winner by end of 2016, EUR can be the dark horse after ECB meet on 8th Dec16 because neither ECB nor BOJ will act before these US elections and especially before FOMC on 15th Dec16!

So my money is on this dark horse EUR because after all this is the FIGHT between the UK & EU!!!

In the meantime next week's important UK data will decide if GBPUSD 1.2 will break or not?

BTW many are still underestimating the safe haven demand of CHF. Slowly and steadily GBPCHF is eyeing 2011 lows! May be this one is for 2017 headlines!
Qiman
United States
Posts: 237
7 months ago
Oct 13, 2016 16:41
Vote: JPY

My vote is based on the supposition of increased risk aversion: Falling US stocks, the Yen inversely gaining proprtionally more strength than the dollar on a classic risk off move, and the increased recent direct correlation between the Pound and risk on or off moves.