25 October 2020 Pound-Dollar Week Ahead Forecast: Resisting Gravity

The Pound-to-Dollar exchange rate unravelled in the final moments of last week but could resist gravity over the coming day given nearby technical support levels, a bullish setup on the charts and …

Read more … →
22 October 2020 Dollar Spiral Seen Aided by Loss of Energy Independence, Tax Hikes and Fed Policy in 2021

The Dollar Index lifted off three-month lows on Thursday but the greenback’s downward spiral is a long way from over, according to BMO Capital Markets forecasts, with threats to U.S. energy indepen…

Read more … →
21 October 2020 Washington's Stimulus Matters Most to the U.S. Dollar as CARES Act Still Backstops Economy 

The Dollar unravelled again as U.S. government bond yields hit three month highs on Wednesday, with expectations of further largesse in Washington counted among the drivers of declines for a curren…

Read more … →
20 October 2020 U.S. Dollar Outlook: 'Blue Wave' Now Unlikely says Saxo

Analysts have been drawing caution on an assumption that the Democrats will secure a coveted 'blue wave' outcome to the November election, an outcome that financial markets could be guilty of assum…

Read more … →
20 October 2020 Pound-Dollar Rate for Recovery into Year-end Forecast as Brexit Trade Deal Still Likely

The Pound-to-Dollar rate extended its recovery off October lows on Tuesday and is tipped by TD Securities to remain on an upward trajectory into year-end, aided by a UK-EU trade deal that remains t…

Read more … →
18 October 2020 Pound-to-Dollar Week Ahead Forecast: "Maintain a Negative Bias" says Commerzbank's Jones

The Pound-to-Dollar rate could be set to underperform as an elevated ‘no deal’ Brexit threat encourages investor caution, but absent a clear end of efforts to reach a trade agreement, Sterling may …

Read more … →
15 October 2020 Dollar's Safety Sought Amidst Fresh Jobs Market Warning and Fears of Lengthy Stimulus Delay

The U.S. Dollar is in demand amidst market disappointment that U.S. politicians are unlikely to reach a stimulus deal before the November election and fresh signs that trends in the country's jobs …

Read more … →