Joe Biden

The U.S. Presidential election could add further downside pressure to the U.S. Dollar if the Democrat nominee Joe Biden emerges victorious, according to foreign exchange analysis from investment banks UBS and Crédit Agricole.

September 30,2020

The Pound-to-Dollar rate staged a decisive reversal last week as Sterling recovered lost ground from a tiring greenback and could go on to extend its nascent recovery over the coming days although the upside is limited and fundamental headwinds could blight the British currency again ahead of the weekend.

May 31,2020

The Dollar was down for the count already Thursday but a steady death of the bond market could see investors bailing on it in earnest later this year, which would be a boon for Sterling and many other currencies, if the summer's choc-a-bloc schedule of risk cannot bring it back to life in a meaningful way. 

May 28,2020

The Pound-to-Dollar rate burned Wednesday as Brexit angst returned just as investors were reverting attention back to the upside, although a possible summer of discontent means Sterling might still be fool's gold even at current levels. 

May 28,2020

The Dollar was in comeback mode and rising against most of its major counterparts on Wednesday after President Donald Trump said a U.S. response to China's latest provocation in Hong-Kong is on the way and as protests in the city resulted in fresh clashes between authorities and demonstrators. 

May 27,2020

The Pound-to-Dollar rate surged Tuesday as the greenback hit the ropes and risk assets rallied in a market where investors continued to view the global economic glass a half-full rather near empty and analysts say this trigger-happy mood could endure over the coming days. 

May 26,2020

The Pound bounced tepidly last week but signals from the charts remain bearish while the political pressure cooker that otherwise stains the outlook has gone into overdrive and could prompt another move lower in the coming days.

May 24,2020

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