11 June 2020 U.S. Federal Reserve Reactions: Dollar in Demand as Fed Sees no Urgency to Deliver Further Boost

The U.S. Federal Reserve delivered its latest policy update overnight where it left policy settings unchanged and committed to keep interest rates in the 0.25%-0% range for a great while longer.

Read more … →
10 June 2020 Pound-to-Dollar Rate Near Highest Since March and Vulnerable to Setback

The Pound-to-Dollar rate reached its highest since March on Wednesday but was nearing resistance on the charts and growing vulnerable to a set-back as a range of risks lurked just around the c…

Read more … →
10 June 2020 Dollar Breaks toward 2020 Lows as Federal Reserve Decision Looms 

The Dollar was crumbling on Wednesday after having broken through a technical support level that broke its fall last week and was on route toward its 2020 lows ahead of the June Federal Reserve (Fe…

Read more … →
09 June 2020 Pound-to-Dollar Rate in Retreat as Caution Pervades ahead of Federal Reserve Policy Update

The Pound-to-Dollar rate was lower and the greenback in comeback mode Tuesday as caution prevailed ahead of the latest Federal Reserve (Fed) policy update that will be decisive in determining wheth…

Read more … →
07 June 2020 Pound-to-Dollar Week Ahead: Consolidating amid Brexit Relief and after U.S. Job Surprises

The Pound-to-Dollar rate notched up its largest gain since March last week but was halted Friday by its 200-day moving-average on Friday and now enters a period of consolidation in a new, higher tr…

Read more … →
05 June 2020 Dollar Serenades U.S. Jobs Surge after Labour Market Reopening Drives Surprise Slump in Jobless Rate

The Dollar jumped alongside U.S. equity futures Friday after official data showed a surprise surge in employment driving a steep fall in the jobless rate during, suggesting the American labour mark…

Read more … →
04 June 2020 Pound-to-Dollar Rate at Risk but Downside Diminishes with Each Dire Day for the Greenback 

The Pound-to-Dollar rate notched up its sixth consecutive gain Thursday as the U.S. unit endured an eighth back-to-back pummelling at the hands of a risk-hungry market , which is reducing the downs…

Read more … →