The Pound-to-Dollar rate is consolidating on the charts but it retains an upside bias and could still go on to test December's highs over the coming weeks, according to technical analysis from Commerzbank, although the British currency will need to achieve a daily close above 1.3102 in order to do so. 

February 18,2020

The Pound-to-Dollar rate rose sharply last week and the charts are suggesting that further gains could be in the pipeline, although a raft of important economic figures will test the market's appetite for the British curency over the coming days.

February 16,2020

The Pound retreated from a softer Dollar on Friday and although much about the outlook still depends on developments in Westminster and elsewhere, the charts are suggesting a renewed march to the upside could be in the pipeline for next week. 

February 14,2020

The U.S. Dollar outlook was burnished on Thursday official data that showed inflation rising at its fastest pace since October 2018 and which could now make further interest rate cuts from the Federal Reserve (Fed) an even more distant prospect for the year ahead. 

February 13,2020

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

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