The call to sell Sterling against the Dollar was made ahead of the 0.87% decline registered on Monday, but there is still further downside to come before it fulfils its potential.
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"The reversal from the 1.3500-1.3550 resistance, along with our cycle analysis, suggests a broader correction back to test the 1.30 support region should be seen" - Lloyds Bank.
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The U.S. Dollar strengthened against the Euro, Dollar and other peers while stock markets were mixed and volatile in the wake of jobs data out of the United States that showed 1,027K jobs were crea…
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The Dollar won a consolatory victory with gains over all major counterparts on Wednesday in price action that may have had as much to do with a rally in Chinese exchange rates as it did anything el…
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The Pound-to-Dollar exchange rate is back below 1.34 in mid-week trade amidst a broader recovery in the U.S. Dollar with one analyst saying an historically significant resistance point looms ahead,…
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The Pound-to-Dollar exchange rate dipped back from fresh 2020 highs Tuesday while the Dollar Index bounced after the Institute for Supply Management (ISM) Manufacturing PMI surprised on the upside …
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The Pound-to-Dollar rate has broken higher from a narrow August range and is now targeting December's election rally highs amid an unravelling of the U.S. greenback, although lingering Brexit uncer…
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