The U.S. Dollar is likely to be supported as regional business surveys remain resilient and U.S.-Sino trade war does not yet appear to warrant a Dollar weakening interest rate cut at the U.S. Federal Reserve say analysts at ING Bank.
May 24,2019
The Dollar was riding high, close to the top of the G10 league table and a two-year high, on Thursday but analysts are saying the currency should remain on its front foot at least for the foreseeable future because the U.S.-China tariff fight now risks morphing into an all-out economic conflict.
May 24,2019
The Dollar was riding high near the top of the G10 league table Thursday, keeping pressure on the Pound-to-Dollar rate, after minutes from the May Federal Reserve (Fed) meeting further suggested markets might be wrong in betting the U.S. central bank will cut its interest rate before the year is out.
May 23,2019
The Pound was steady against a softer U.S. Dollar on Monday but hopes of a steep and protracted rally in the months ahead may be beginning to fade, if the latest analysis from Bank of America is anything to go by, given recent events in Westminster.
May 20,2019
From a technical perspective, GBP/USD has established a short-term downtrend which is, on balance, more likely to extend than not given the assumption that the “trend is your friend” and therefore biased to continue.
May 19,2019
The Pound breaks through a key technical support level on news of cross-party talks failure, a move which bodes for further declines.
May 17,2019
The Pound was languishing close to the bottom of the G10 league table on Thursday after failing to capitalise on a weakening Dollar, given escalating concerns about the likely path the UK will take out of the European Union.
May 16,2019
Page 241 of 412