The Pound-to-Dollar rate could have further to fall, according to technical analaysts at Commerzbank, although momentum behind the decline is now beginning to fade and a turn higher may not be far off.
February 12,2019
Technical studies suggest the Pound should advance against the U.S. Dollar in the coming week and this view is supportive by marginally positive Brexit newsflow out over the weekend. Inflation data from both sides of the Atlantic will meanwhile dominate interest on the economic front.
February 10,2019
The Dollar is likely to outperform its rivals as it is considered the 'least ugly' in a bad bunch by foreign exchange strategist Jane Foley at Rabobank.
February 8,2019
The Dollar was boosted during noon trading Tuesday by a survey that suggested the services sector continued to grow strongly in the New Year, although gains could quickly be unwound if President Donald Trump's looming State of the Union address antagonises relations between the White House and Congress.
February 5,2019
The Pound is losing momentum against the U.S. Dollar and looks to be turning lower according to a noted technical analyst.
February 5,2019
The U.S. Dollar is likely to continue trading with a resilient tone and remain supported near recent levels over the coming weeks, according to multiple analysts, until uncertainty about the global economy and Federal Reserve (Fed) interest rate outlook lifts.
February 4,2019
The Pound fell back against the U.S. Dollar last week however the technical outlook remains positive and with the Brexit impasse likely to play neutral for Sterling in the coming week there is a good chance the exchange rate turns higher once more.
February 4,2019
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