25 May 2021 Pound-Dollar Rate Can Break 1.42 as Forecasts Expect Further USD Weakness

A struggling Dollar has opened the door to further gains by the Pound and Euro, with a good portion of recent losses coming on the back of fresh commentary out of the U.S. Federal Reserve.

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24 May 2021 Pound-Dollar Week Ahead Forecast: Supported Above 1.41 with 2018 Highs in Sight

The Pound-to-Dollar exchange rate enters the new week underpinned by nearby support levels and within arm’s reach of 2018 highs, although much about price action over the coming days depends on int…

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21 May 2021 Dollar Shows Contempt for Doubters after PMI Data Lifts Yields

The Dollar was set to end the week in contemptuous defiance of its doubters on Friday as exchange rates rose alongside U.S. government bond yields following a volley of economic surprises and some …

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20 May 2021 U.S. Dollar's Path Lower Intact after Fed’s Taper Talk Falls Flat

Dollar losses renewed heading toward the final session of the week with European and commodity currencies outperforming as investors looked past the latest volatility-inducing developments in the F…

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19 May 2021 Dollar Steadies Ahead of Fed Minutes but Writing Already On the Wall

The Dollar bounced on Wednesday, leading the Pound, Euro and other currencies to soften following strong gains earlier in the week and as investors looked ahead to the release of minutes from the A…

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18 May 2021 Dollar Index Closes In On Multi-month Lows As Fed Minutes Loom

The Dollar Index was eyeing multi-month lows Tuesday while risking a more protracted breakdown as Europe took its first steps in the reopening process and risk currencies outperformed, although inv…

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18 May 2021 Pound-Dollar Ticks Higher on Stronger than Expected Rise in Employment

The Pound caught a bid on Tuesday in the wake of better than expected labour market statistics, confirming our suspicions that the currency was likely to become increasingly responsive to data rele…

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