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The Dollar was surged to the top of the G10 league table Monday after Presidents Donald Trump and Xi Jingping agreed to avoid imposing further tariffs on each other and to resume negotiations over trade practices at the G20 summit this weekend, although some in the market say the newfound peace may only be temporary.
July 1,2019
If Sterling-Dollar can break above the 1.2790 range highs then it would confirm a breakout and continuation higher to a target at 1.2850.
June 30,2019
Donald Trump and other U.S. politicians have expressed the desire to see a weaker Dollar, but there should ultimately be no need for intervention as the Fed will likely do the heavy lifting.
June 28,2019
The Dollar was treading water Thursday as financial markets wait with baited breath for news of talks between Presidents Donald Trump and Xi Jingping at the G20 summit in Osaka, Japan, and after official data failed to reveal an anticipated upward revision to U.S. first quarter GDP growth.
June 28,2019
The Pound was treading water against the Dollar on Thursday after stabilising in the previous session but it faces a testing few weeks that analysts at Commerzbank and Capital Economics say are likely see the British currency succumb to fresh weakness.
June 27,2019
The Dollar rebounded in early trading Wednesday after two influential Federal Reserve (Fed) policymakers attempted to talk the market down from betting that a significant interest rate cut will be delivered at the July meeting, with one going as far as to say that such wagers are "overdone", offering respite to a beleaguered greenback.
June 27,2019
The Dollar was on its back foot for a fifth consecutive day Tuesday, ahead of an eagerly anticipated speech by Federal Reserve (Fed) Chairman Jerome Powell, although analysts from several major banks are saying the U.S. currency will cede further ground to its developed world rivals over the coming weeks.
June 25,2019
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