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The Pound-to-Dollar rate stabilised briefly in the noon session Tuesday as the greenback crumbled in response to a dire Institute of Supply Management (ISM) manufacturing survey that showed President Donald Trump's trade war and the resulting global slowdown biting the U.S. economy in September.
October 2,2019
The Dollar advanced against all major rivals Monday as renewed trade tensions and a resilient domestic economy saw investors continue to bid for the U.S. currency which, billed by analysts as the best of a bunch, is tipped to remain supported throughout the new week.
September 30,2019
Studies of the GBP/USD charts suggest further weakness is possible subject to a break below a strong support zone which lies just below the current market level.
September 29,2019
The Dollar softened in noon trading Friday, enabling other currencies to extend their lead over the greenback and offering a lifeline to the Brexit-stricken Pound, after official data showed consumers became more cautious in August alongside a moderation of inflation pressures.
September 27,2019
The Pound-to-Dollar rate extended its nascent run off losses Friday but is tipped for further declines ahead by analysts at TD Securities and Commerzbank, who say Brexit politics and technical signals coming from the charts will weigh on the British currency up ahead.
September 27,2019
The Dollar advanced against Pound Sterling and other rivals Thursday but is being tipped by Westpac to breakout to a new high over the coming days as U.S. bond markets continue to lure international investors who're hungry for 'yields' that are in such short supply elsewhere in the developed world.
September 26,2019
The Dollar advanced strongly and across the board Wednesday as market unease over a House of Representatives attempt to impeach President Donald Trump faded, although any recurring attempts at ousting the White House incumbent are being tipped as a negative for the greenback and so-called risk assets.
September 25,2019
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