26 July 2019 The Dollar Rounds on Doubters after GDP Data Challenges Federal Reserve Rate Cut Narrative

The Dollar extended gains over rivals Friday after official data showed the economy growing faster than was expected during the second-quarter, challenging a consensus suggesting America is headed …

Read more … →
23 July 2019 Dollar Buoyed by Deal on Debt Ceiling as Market Awaits GDP Data and ECB Decision

The Dollar was buoyed Tuesday by a bipartisan agreement to defer a clash over the U.S. debt ceiling until after the next Presidential election although investor appetite for the greenback will test…

Read more … →
21 July 2019 The Pound-to-Dollar Rate in the Week Ahead: Charts Argue for More Downside

The Pound-to-Dollar rate is set to begin trading around 1.2498 when the market opens after falling back to its January lows in the previous week, where Sterling has found significant technical supp…

Read more … →
19 July 2019 The Dollar Stabilises but Fresh Talk of Large Fed Interest Rate Cuts is Set to Weigh

The Dollar stabilised Friday after a steep overnight fall but the greenback is set for further declines in the final session of the week and will remain on its back foot into month-end, according t…

Read more … →
18 July 2019 Pound-to-Dollar Rate Rebounds, but Break Below January Lows is a Very Bearish Red Flag

Despite the gains over the past 24 hours studies of the charts suggest the pair will probably continue declining in its established downtrend over the next five days.

Read more … →
17 July 2019 Pound-Dollar Rate a Sell in the City as Brexit Headlines and Technical Factors Weigh

The Pound was on course for its third consecutive day of losses early Wednesday and is likely to remain under pressure in the days and weeks ahead, according to analysts at ING Group, who say the B…

Read more … →
16 July 2019 Dollar Forces Pound to New Lows after Consumer Defies Economy's Doubters

The Dollar roared into life Tuesday, building on a positive start to the new week and forcing a Brexit-stricken Pound Sterling to a two-year low, after strong retail sales data prompted some in the…

Read more … →