The Dollar has rebounded this week but could have the legs to recover further if a darkening mood between Brexit negotiators leads UK-EU trade talks fall apart in Autumn, given that Sterling and th…
Read more … →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.
Read more … →"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.
Read more … →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…
Read more … →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…
Read more … →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,…
Read more … →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 …
Read more … →