The Dollar was 'left in the lurch' on Friday by December jobs figures that missed analyst expectations, prompting questions about the outlook for the U.S. economy and taking some of the shine off what is still the joint-highest yielding major currency.
January 12,2020
The Pound underperformed most major rivals in the noon session Thursday after Bank of England (BoE) Mark Carney shocked markets by telling a conference in London the BoE is still contemplating cutting interest rates, although BMO Capital Markets says the resulting falls are a buying opportunity.
January 10,2020
The Dollar cleared the currency market board of all opposition late on Tuesday after an influential Institute of Supply Management (ISM) survey pointed toward an uptick in U.S. services sector output at year-end, easing fears of an imminent slowdown in the world's largest economy.
January 7,2020
The Pound-to-Dollar exchange rate looks intent on carving out a new range for itself above the psychological 1.30 level, according to insights from technical analysts at JP Morgan and Lloyds Bank.
January 7,2020
The U.S. Dollar is being tipped to benefit from rising geopolitical tensions between the U.S. and Iran, with one analyst saying 2020 should see the currency move higher by about 4%, partly as a result of market desire for safe-haven assets.
January 6,2020
The Pound-to-Dollar rate found support on the charts late Friday after receiving a drubbing early in the New Year, although technical analysts at Commerzbank say retains an upside bias and that a retest of its 2019 election highs cannot be ruled out for the days and weeks ahead.
January 5,2020
The British Pound is tipped to retain a positive bias against the U.S. Dollar for the foreseeable future, according to a leading technical analyst.
January 2,2020
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