The Pound has advanced against a retreating Dollar this week and could have further to climb over the coming days according to technical analysts at Commerzbank, who've also cautioned clients that the ongoing upward correction might not last for very long.

June 7,2019

Dollar exchange rates

The U.S. Dollar will eventually weaken when the Federal Reserve starts cutting interest rates, which is likely to happen in 2019 as the consequences of the trade-war bite says Danske Bank.

June 6,2019

Pound Sterling's advance against a weakening Dollar was halted on Wednesday after the Insitute for Supply Management services PMI surprised on the upside and if technical analysts are Commerzbank are right with their current call, renewed losses could be just around the corner.

June 5,2019

Powell

The Dollar extended earlier losses Tuesday after Federal Reserve Chairman Jerome Powell gave investors further grounds to believe the U.S. central bank could cut its interest rate before the year is out, aggravating an already jittery market and keeping the greenback under pressure against most G10 rivals. 

June 4,2019

The Dollar was on course for a second consecutive session of losses Monday after the latest Institute for Supply Management (ISM) survey offered further evidence that President Donald Trump's trade war is biting the economy, at a time when investors are already betting the Federal Reserve (Fed) will be forced to cut interest rates before the year is out. 

June 3,2019

Pound vs. U.S. Dollar week ahead forecast

Technical studies suggest the Pound-Dollar exchange rate could recover some lost ground over coming days, but the difficult political backdrop in the UK will likely ensure any recoveries are shallow in nature.

June 2,2019

The U.S. Dollar was in a mire Friday after an influential indicator suggested that President Donald Trump's trade war with China may now be beginning to bite the economy, driving off a safe-haven bid and playing music to the ears of those betting the Federal Reserve (Fed) could cut interest rates before the year is out.

May 31,2019

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