The Pound-to-Dollar exchange rate slumped last week as Sterling was caught in a wave of profit-taking but declines had petered out near a tried and tested support level by Friday, and with the greenback having shown signs of tiring its own rally, a tentative attempt at recovery could be made over the coming days.
April 12,2021
The Dollar Index saw a second consecutive decline on Tuesday as Europe returned to market in a holiday-shortened week and European currencies drew a bid alongside Asian counterparts and with little by way of an obvious catalyst to explain the about turn in fortune for the U.S. unit.
April 8,2021
The Pound-to-Dollar exchange rate entered the new week on the offensive and looked to be making a concerted attempt at reversing its March declines as the technical picture brightened on the charts and a pending reopening process brought an economic recovery into view on the horizon.
April 5,2021
Foreign exchange analysts at Credit Suisse are backing the U.S. Dollar to go higher as the U.S. economy picks up further traction thanks to President Joe Biden's newly announced infrastructure spending plans.
April 1,2021
Foreign exchange analysts at Wall Street investment bank Goldman Sacks are maintaining a view that the U.S. Dollar will decline over coming months, even as they acknowledge the currency's strong start to 2021 has confounded their expectations.
March 30,2021
The Pound-to-Dollar exchange rate was recovering off two-month lows ahead of the weekend but could be likely to extend this move further over the coming days as international markets stabilise and the U.S. Dollar becomes more selective in its appreciation.
March 28,2021
The Dollar can continue to advance against the Euro and British Pound say foreign exchange analysts at Bank of America in a research briefing to clients, noting that a period of U.S. economic outperformance and Dollar "exceptionalism" is not going to evaporate in the foreseeable future.
March 25,2021
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