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.
Read more … →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.
Read more … →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 st…
Read more … →The Pound-to-Dollar rate fell amid a widespread rebound in U.S. exchange rates on Tuesday, although upgraded forecasts from ING suggest substantial further upside ahead later in 2021 as its post-re…
Read more … →Pound Sterling can crack the glass ceiling preventing it from striking new multi-month highs against the Dollar, according to analysts at investment bank MUFG.
Read more … →The Pound-to-Dollar rate lifted Sterling into first place among major currencies for 2021 last week but in the absence of an upset from the Bank of England (BoE) this Thursday, it could remain an o…
Read more … →GBP/USD fell back ahead of the weekend, retreating to 1.3685 amidst a broader bid for the U.S. Dollar that analysts say is linked to a fall in global stock markets.
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