20 November 2020 Lira Forecasts Lifted after CBRT Hikes and Erdogan Swallows "Bitter Pill"

The Lira outlook has improved since the Central Bank of the Republic of Turkey (CBRT) raised interest rates this week, leading Commerzbank to scrap forecasts for further punishing declines in โ€ฆ

Read more … →
19 November 2020 U.S. Dollar Depreciation against the Pound and Euro to Continue in 2021 says Goldman Sachs

Goldman Sachs have have this week told clients they are expecting a continuation of recent U.S. Dollar depreciation to occur in 2021, given that it is still "meaningfully overvalued."

Read more … →
19 November 2020 Pound-Dollar Forecast: "Ready for a Sustainable Recovery" says Julius Baer Technical Strategist

Setting the critically fundamental issue of a post-Brexit trade deal aside, what is the technical market setup suggesting the future holds for the Pound-to-Dollar exchange rate?

Read more … →
18 November 2020 U.S. Dollar Vulnerable as S&P Threatens Break Higher but EU, Brexit Politics Could Offer Support

The Dollar Index was said to be on the verge of another leg lower on Wednesday as the S&P 500 threatened to break its September highs, but with political acrimony returning the European contineโ€ฆ

Read more … →
16 November 2020 Moderna Vaccine News Not a Game Changer Moment for the U.S. Dollar

Biotech company Moderna on Monday announced its covid-19 vaccine candidate has proven to be more than 95% effective in preventing the various in stage 3 trials, but for markets the news is perhaps โ€ฆ

Read more … →
15 November 2020 Pound-Dollar Week Ahead Forecast: Vulnerable to Brexit Talk Deadline and Stock Market Retreat

The Pound-to-Dollar exchange rate enters the new week near September highs but in a position of vulnerability as the charts warn of a correction lower and the Brexit trade talks look set to go downโ€ฆ

Read more … →
12 November 2020 Why the U.S. Dollar has been a Vaccine News Winner

Has the Dollar's reaction function to risk been flipped by this week's vaccine news? Financial market price action in the wake of news of a potentially successful covid-19 vaccine from Pfizer, and โ€ฆ

Read more … →