22 July 2020 Dollar Resists New Four-month Lows as Virus Concerns, China Tensions Not Enough

The Dollar Index hit a new four-month low Wednesday after an earlier rebound saw the greenback rise tentatively amid concerns about the U.S. coronavirus outbreak and increasing geopolitical tension…

Read more … →
19 July 2020 Pound-Dollar Week Ahead: Charts Point Higher as Sentiment Sours, Stock Markets Set Direction 

The Pound was one of only two majors that ceded ground to a troubled Dollar last week and will remain burdened by domestic headwinds in the coming days, although the response of stock markets to th…

Read more … →
16 July 2020 Pound-Dollar Rate Flounders in Friday Trade as UK Lags Peers, Forecasts Downgraded

Pound Sterling underperformed on Friday, enabling a weakening Dollar to pull ahead of it but the British currency's short-comings will remain on display for all to see in the months ahead, which is…

Read more … →
14 July 2020 Dollar Index Steadies as Risk Appetite Ebbs and Outlook Hangs in Balance 

The Dollar Index steadied Tuesday on an important technical support level as an increase in U.S.-China tensions and further rollback of earlier reopening decisions saw investors turn cautious as co…

Read more … →
12 July 2020 Pound-Dollar Week Ahead: Stock Market Earnings, Sentiment Set Direction as Key Level Looms Overhead

The Pound-to-Dollar recovery from late June lows built further last week but the week ahead outlook is hinged on whether Sterling can overcome a cluster of nearby technical resistance levels, which…

Read more … →
09 July 2020 Dollar On Defensive Even after Job Market Recovery Survives Second Coronavirus Wave

The Dollar remained on the back foot Thursday, taking the Dollar Index below a key level of technical support on the charts even after official data suggested the still tentative U.S. labour market…

Read more … →
08 July 2020 Dollar Crumbles Again as U.S. Stocks Shake Off Concerns Over Virus, Recovery and China

The Dollar crumbled Wednesday as investors again demonstrated an increasing aversion to the greenback that pushed the Dollar Index back to late June lows while lifting Pound Sterling and the Euro t…

Read more … →