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The Dollar advanced against most rivals in a risk-off market Monday as investors expressed scepticism over the partial trade accord unveiled by the U.S. and China late last week, leading the prior increase in so-called risk assets to be begin to unwind at the beginning of the new week.
October 15,2019
If we were to strip out the Brexit imponderables and looked at the GBP/USD from a purely technical perspective, we can see potential for the exchange rate to go as high as 1.30.
October 13,2019
The Pound rose against the Dollar for a second consecutive session Friday after British and Irish Prime Ministers said they can see a path toward a long elusive Brexit deal, prompting Deutsche Bank to walk away from a bet against Sterling, which is also benefiting from hopes of a deal between the U.S. and China.
October 11,2019
The Dollar ceded ground to all major rivals other than the safe-haven and low-yielding Japanese Yen Thursday amid fresh speculation in markets that U.S and Chinese negotiators will this week reach a deal that averts a planned October 15 increase in American tarifs on imports from the world's second largest economy.
October 11,2019
The Pound could be at risk of further losses from already historically low levels if some of the latest forecasts from Capital Economics are anything to go by, because Bank of England (BoE) interest rate cuts are now seen adding to the British currency's Brexit woes unless a deal is agreed with the EU before the end of October.
October 10,2019
The U.S. economy continues to give mixed signals but this won’t dissuade the U.S. Federal Reserve from cutting interest rates at in October, says a leading asset manager.
October 9,2019
The Pound-to-Dollar exchange rate is forecast to extend lower by strategist Russel Sandiford of ACY Securities.
October 9,2019
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