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The Dollar was lower in a risk-on market Wednesday but is tipped to remain bid over the coming weeks as global risks remain elevated and because the Federal Reserve (Fed) at least appears unconvinced of any need for further interest rate cuts in the short-term.
October 10,2019
The Pound-to-Dollar rate slumped Tuesday and could be on the brink of further sharp declines if BBC News is correct in its understanding of the latest Brexit developments, which could have just made a 'no deal' exit from the bloc all but inevitable.
October 8,2019
The Dollar entered the new week on its front foot Monday as investors turned their attention toward trade talks in Washington, with allegations of Chinese foot-dragging prompting a bid for the safe-haven U.S. currency early in the European session.
October 7,2019
Studies of the GBP/USD charts suggest weakness is possible, but we note a critical week for Brexit negotiations lies ahead and this could inject heightened two-way volatility into Sterling.
October 6,2019
The Dollar arrested an earlier decline Friday after the September non-farm payrolls revealed a decent rate of job growth, which helped push the unemployment rate lower and appears to have quelled market fears over the current condition of the economy.
October 4,2019
The U.S. Dollar has already reached 29-month highs and it could go even higher due to 5 main investment themes, says Quentin Fitzsimmons a portfolio manager at T. Rowe Price.
October 3,2019
p>The Pound-Dollar rate extended gains Thursday as the U.S. greenback crumbled after an influential Institute of Supply Management (ISM) survey suggested the mighty services sector hit a rough patch last month, just as the factory downturn deepened, placing the Federal Reserve (Fed) under the spotlight.
October 3,2019
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