The Pound stabilised early in the new week but nascent stability will soon give way to renewed losses, according to analysts at Westpac, who forecast the British currency will hit a new post-referendum low over the coming months even if parliament is succesful in preventing a 'no deal' Brexit. 

August 13,2019

The Hong Kong Dollar was weaker against the U.S. greenback and Pound Monday as ongoing protests in the City after another weekend of protests in the city toked fears for the future of the financial centre, although some analysts say that further losses from current levels should be limited. 

August 13,2019

Dollars

Pound Sterling has declined by 5.64% against the Dollar thus far in 2019, and technical studies of the charts suggest the pair will continue falling in line with the dominant downtrend.

August 12,2019

Exchange rates

The Pound is flatlining against the U.S. Dollar, but it will probably eventually go lower in time, says Richard Perry, an analyst at Hantec Markets.

August 9,2019

The Dollar rebounded strongly on Tuesday as currency market roles appeared to reverse in the wake of the Chinese Renminbi devaluation seen at the beginning of the new week, although the outlook is still shrouded in uncertainty as analysts contemplate the odds and implications of a possible 'currency war'. 

August 6,2019

Pound Dollar week ahead

The Pound-to-Dollar exchange rate is trading at around 1.2157 at the time of writing after falling 1.8% in the week before. Studies of the charts suggest the pair will continue falling in line with the dominant downtrend.

August 4,2019

The Dollar appeared to stabilise Friday as investors bid for the currency in the wake of a nonfarm payrolls report that revealed ongoing strength in the jobs market through July, which some say vindicates the Federal Reserve (Fed) for its decision to be cautious in cutting interest rates. 

August 2,2019

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