The Dollar index softened late in the European session Tuesday but technical analysts at Commerzbank say an ongoing test of a major trendline of support on the charts has left the greenback vulnerable to further losses in the days and weeks ahead. 

October 16,2019

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

US Dollar this week

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

Fed cut in October

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

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