The Pound rose against the Dollar for a second consecutive session Friday after British and Irish Prime Ministers said they can see a path toward a long elusive Brexit deal, prompting Deutsche Bank to walk away from a bet against Sterling, which is also benefiting from hopes of a deal between the U.S. and China.

October 11,2019

The Dollar ceded ground to all major rivals other than the safe-haven and low-yielding Japanese Yen Thursday amid fresh speculation in markets that U.S and Chinese  negotiators will this week reach a deal that averts a planned October 15 increase in American tarifs on imports from the world's second largest economy. 

October 11,2019

The Pound could be at risk of further losses from already historically low levels if some of the latest forecasts from Capital Economics are anything to go by, because Bank of England (BoE) interest rate cuts are now seen adding to the British currency's Brexit woes unless a deal is agreed with the EU before the end of October. 

October 10,2019

Fed cut in October

The U.S. economy continues to give mixed signals but this won’t dissuade the U.S. Federal Reserve from cutting interest rates at in October, says a leading asset manager.

October 9,2019

Foreign exchange strategy

The Pound-to-Dollar exchange rate is forecast to extend lower by strategist Russel Sandiford of ACY Securities.

October 9,2019

The Dollar was lower in a risk-on market Wednesday but is tipped to remain bid over the coming weeks as global risks remain elevated and because the Federal Reserve (Fed) at least appears unconvinced of any need for further interest rate cuts in the short-term. 

October 10,2019

The Pound-to-Dollar rate slumped Tuesday and could be on the brink of further sharp declines if BBC News is correct in its understanding of the latest Brexit developments, which could have just made a 'no deal' exit from the bloc all but inevitable. 

October 8,2019

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