The Dollar softened at the start of the new week amid claims of further progress in the U.S.-China trade talks and ahead of a widely anticipated interest rate cut from the Federal Reserve (Fed) on Wednesday, although some analysts say the greenback should rise in the days ahead.

October 29,2019

Pound to Dollar

Studies of the GBP/USD charts suggest a multi-week uptrend will likely eventually extend, however technical studies suggest the exchange rate might struggle in the immediate-term while rising political uncertainty will provide the fundamental backdrop for steering clear of Sterling.

October 27,2019

The Dollar stabilised in the final session of the week after rallies in Pound Sterling and the Euro petered out, helping the greenback to arrest a fortnight-long downward correction, although the U.S. currency is now tipped to recover some lost ground over the coming days. 

October 25,2019

US Dollar note on flag

Strategists at HSBC reiterate their bullish stance on the U.S. Dollar, but their rivals at Citibank and technical studies suggest investors should be cautious before diving into greenbacks.

October 24,2019

GBPUSD not finding buyers

Investor sentiment around the Pound-to-Dollar exchange rate has darkened as a result of recent developments in the Brexit drama, and buyers are no longer stepping into and dips, says Richard Perry, an analyst at FX Broker Hantec Markets.

October 23,2019

The Dollar arrested a week long decline Tuesday as the rally in Sterling and gentle climb of the Euro both petered out, providing the U.S. currency a moment of respite, although the UBS FX desk sees the greenback finding support in the days ahead while TD Securities is tipping a recovery. 

October 22,2019

The Pound-to-Dollar rate is said by one strategist at UBS to be the top currency trade among hedge fund clients heading into year-end, with the opening of a new chapter in the Brexit saga as well as improvement in the global risk environment both cited as being behind the view. 

October 22,2019

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