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The U.S. Dollar's long-term 2018-2019 uptrend is still with us, and has in fact got the potential to push even higher says David Bloom, head of FX research at HSBC.
May 7,2019
The outlook for the Pound against the U.S. Dollar has turned more constructive according to our studies, while the calendar suggests U.S. price data will be important for the Greenback this week and Sterling will be subject to the outcome of cross-party Brexit negotiations.
May 6,2019
The Dollar pared earlier gains Friday after a blowout nonfarm payrolls number for April failed to distract investors from a 'mixed message' contained in the detail of the employment report, which took some of the shine off the data for the market.
May 3,2019
The Dollar fimed overnight and was a touch higher early in the Thursday session after the Federal Reserve disappointed speculators who'd been betting the central bank would cut its interest rate before year-end.
May 2,2019
The Pound is the on the offensive this week, already having gained 1.3% over the Dollar and half a percent from the Euro, as investors are increasingly woken from a complacent slumber at the currency market wheel.
May 1,2019
The Pound-to-Dollar rate is on course for further gains this week, according to analysts at BMO Capital Markets, because the Bank of England (BoE) is in a bind that means it will have no choice other than to stick to its 'hawkish' interest rate guidance this week.
May 1,2019
GBP/USD advance could be tested by key 1.30 resistance level.
April 30,2019
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