The Dollar was riding high Tuesday after being aided by stronger-than-expected economic data and risks posed to the global economy by a rapidly spreading coronavirus, in spite of calls from President Donald Trump for the Federal Reserve (Fed) to cut its interest rate again on Wednesday. 

January 29,2020

The Pound underperformed major rivals Tuesday in a market that was still blighted on by unease over the spread of China's new coronavirus, although losses have now got the Pound-to-Dollar rate threatening a break below key support levels on the charts, which would risk further downside over subsequent days. 

January 28,2020

The Pound closed the Friday session having become the second best performing major currency of the week although there could be further gains in store for the coming days if studies of the charts and the market's evolving view on the Bank of England (BoE) outlook are anything to go by.

January 26,2020

  

The Pound-to-Dollar rate continued a month-long consolidation early Friday from which it could eventually break to either the up or downside, although some strategists say that even in the event of a resolution higher, Sterling lacks the horsepower for another big rally. 

January 25,2020

Pound Sterling retreated from a strengthening Dollar on Thursday as concerns about the spread of China's new coronavirus lifted safe-haven currencies while weighing on their riskier counterparts, although the British currency was disproportionately impacted by reports of possible infections in the UK.

January 23,2020

The Pound-to-Dollar rate's New Year sell-off could be over already according to some strategists, who say the momentum behind Sterling's January lurch to the downside has been disappointing and that risks are now tilted to the upside for the British currency. 

January 21,2020

US Dollar dominance to fade

Analysts at ABN AMRO - the Dutch-based lender and investment bank - say the Dollar will likely embark on a long period of decline in 2020, that should see the EUR/USD exchange rate recover to 1.16 and the GBP/USD exchange rate to 1.35.

January 21,2020

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