The Dollar climbed to new highs Wednesday after capitalising on what was dour day for some European rivals but the otherwise rosy outlook for the greenback is increasingly at risk of a political upset as the Democratic Party primary election process gets going in earnest.

February 12,2020

Dollar note close up

The U.S. Dollar is likely to appreciate further as U.S. economic outperformance is enhanced by a global slowdown in the wake of the coronavirus outbreak while a positive technical setup on the Dollar index chart advocates for further advances.

February 11,2020

The Pound has reclaimed a key level against the Dollar but gains could prove to be short-lived because the technical picture remains bearish on the charts and forecast downgrades could be just around the corner. 

February 11,2020

The Pound fell and closed below a key support level against the Dollar on Friday in a bearish technical development that could now see it slide back toward October 2019 levels over the coming days.

February 9,2020

The Pound-Dollar rate was probing below a key support level on the charts in the final hours of trading this week and an evening close beneath it would condemn Sterling to more losses in the days ahead. 

February 7,2020

The Dollar took a break from its advance on major rivals Friday as investors digested the possible implications of a non-farm payrolls report that saw wage growth surprise on the downside despite the economy creating news jobs at a robust pace in January. 

February 7,2020

The Dollar advanced against all major rivals Thursday and could be set for more gains ahead as investors return their attention to the stark disparity between growth in an exceptionalist U.S. economy and that being observed elsewhere in the world. 

February 7,2020

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