Foreign exchange analysts at HSBC have updated clients with their forecasts for the U.S. Dollar, saying they see some weakness ahead for the Greenback but that the downside should be limited.
February 11,2021
The Pound is in focus as it tests new 33-month highs against the Dollar. Analyst Fawad Razaqzada at ThinkMarkets says a zig-zag up to 1.40 now looks possible.
February 10,2021
The GBP/USD exchange rate has hit a new multi-week high in mid-week trade having reached 1.3856, and the gains can continue short-term say analysts.
February 10,2021
The British Pound has reached its highest levels in nearly three years on February 09 amidst a bout of U.S. Dollar selling, however foreign exchange strategists at a prominent investment bank say they are sellers of of the exchange rate.
February 9,2021
The new week starts with a resumption of the U.S. Dollar strength that is proving to be an unexpected theme of 2021 that has wrong footed many market participants.
February 8,2021
The U.S. Dollar pared its recent gains against the Euro, Pound and other major currencies following the release of U.S. jobs data that showed the economy added 49K jobs in January.
February 5,2021
The Dollar Index built further on its 2021 gain this Wednesday amid what could soon be cast as a 'dead cat bounce' for the broad barometer of the U.S. currency, following a 2020 decline that has stoked tensions among central banks and risks making a battlefield out of foreign exchange markets in some parts.
February 3,2021
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