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The Dollar was set to end the week with a whimper on Friday after being undermined by a recovery of risk appetite in the North American session but forecasters are tipping the U.S. unit for a recovery over the coming weeks, which could mean there's trouble ahead for the Pound-Dollar rate.
April 19,2020
Boost for Investor Sentiment on Covid-19 Treatment Progress and Release of Roadmap to Getting U.S. Economy Back up
April 17,2020
The Dollar built on earlier gains over all rivals Wednesday after official statistics revealed a historic slump in U.S. retail sales for last month and a further record decline of manufacturing activity in the empire state of New York, bolstering demand for safe-havens as investors contemplate the implications for the global economy.
April 15,2020
The Pound-Dollar rate's April recovery was in doubt Wednesday as risk assets faltered the world over, prompting Sterling to reverse course at its 200-day moving-average of prices and taking it back below another technical level that could prove key to the outlook for the exchange rate.
April 15,2020
The Dollar stumbled lower again on Tuesday amid a further improvement of investor risk appetite and is now stood on its last legs that are increasingly being tipped to buckle in the months ahead, leading to a great depreciation that provides the Pound-Dollar rate with a recovery opportunity.
April 14,2020
The Pound-to-Dollar rate rose nearly one and a half percent last week amid a broad improvement in investor risk appetite although it's now closing in on tough technical resistance on the charts, which leaves it especially vulnerable to a deterioration in market sentiment.
April 12,2020
The Dollar fell broadly on Friday, folding a strong earlier hand as the Federal Reserve (Fed) pounced on a crumbling labour market in an apparent effort to save the hard-won job gains of recent years from the coronavirus and resulting shutdown, which claimed another six million livelihoods this week.
April 12,2020
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