The GBP/USD exchange rate is again trading with a bearish bias after it failed to "conquer" the old July high at 1.2578.

September 25,2019

GBP/USD is in a new uptrend which is likely to extend to a trendline and MA target at 1.2700, much will dependen on whether further progress is made on the Brexit front and with this in mind Prime Minister Johnson's meeting with EU leaders in New York will be key.

September 22,2019

The Pound-Dollar rate was down in a risk-off market Friday but speculation about Brexit progress is being tipped by BMO Capital Markets and UBS to lift the exchange rate in the weeks ahead, although both firms have warned that fresh volatility and losses could blight the British currency in October. 

September 20,2019

The Dollar was in retreat from overnight highs Thursday but is tipped to remain on the offensive in the months ahead after the Federal Reserve (Fed) hinted there will be further cuts to U.S. interest rates this year, in defiance of market pricing for at least one more reduction.

September 20,2019

The Dollar strengthened against all major rivals Wednesday as markets awaited the latest Federal Reserve (Fed) interest rate decision with bated breath, after months of speculation about the outlook for U.S. monetary policy set a high bar that must now be overcome in order to weaken the greenback. 

September 18,2019

The Dollar is likely to remain the big winner from the ongoing rally in oil prices, according to strategists at ING and UBS, who say the greenback should remain on the offensive in the weeks ahead as the production outage in Saudi Arabia disrupts oil markets and stokes fears of the global economy. 

September 18,2019