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The GBP/USD is trading at around 1.2589 at the start of the new week, after falling 1.13% in the previous week. Studies of the charts suggest that the exchange rate is likely to continue falling over the next five days but we are wary of a bounce in Sterling on domestic politics and the midweek U.S. Federal Reserve meeting.
June 16,2019
The Dollar is holding up well despite a dramatic fall in U.S interest rate expectations but commentary from economists at UBS suggests it might only be a matter of time before the greenback succumbs to a bearish market.
June 14,2019
The Dollar was trading buoyantly in a risk averse market Friday after retail sales figures for the month of May surprised on the upside, leading financial markets and analysts to question whether they've become too pessimistic in their outlook for Federal Reserve (Fed) interest rate policy.
June 14,2019
Analysis of the GBP/USD exchange rate suggests Sterling's June rally against the U.S. Dollar might be in danger of fading.
June 14,2019
The Pound will trade on a weaker footing over the coming weeks as markets remain on edge over the seemingly rising probability of a 'no deal' Brexit in October, according to global banking giant MUFG, but technical analysts at Germany's Commerzbank are looking for the exchange rate to make further gains in the short-term.
June 13,2019
The Dollar extended earlier gains during noon trading Wednesday even after official inflation figures for the month of May surprised on the downside, although the miss was miniscule when compared with the extent to which markets have become pessimistic in their outlook for Federal Reserve (Fed) interest rate policy.
June 12,2019
The Dollar was back on its front foot Monday after having risen against all G10 rivals during the morning session but analyst commentary on the currency in the wake of last Friday's nonfarm payrolls report suggests it might only be a matter of time before losses resume.
June 10,2019
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