The U.S. Dollar pared earlier gains Thursday to trade lower against most of its major rivals in a move that analysts say was driven by month-end porfolio rebalancing among investment managers.
December 27,2018
The Britsh Pound will rise by more than 5% against the U.S. Dollar next year, according to analysts at Lloyds Bank, as an orderly exit from the EU enables the Bank of England (BoE) to lift its interest rate again just as the Federal Reserve (Fed) brings its own tightening cycle to a close.
December 27,2018
The U.S. Dollar retreated further from 18-month highs Thursday after the Federal Reserve signalled a landmark shift in its interest rate policy, and could now be on course for even further losses.
December 20,2018
The Dollar rebounded from an earlier trough Wednesday after the Federal Reserve (Fed) raised its interest rate for a fourth time in 2018 but provided a strong signal that it will slow the pace at which it raises borrowing costs next year.
December 20,2018
The Pound-to-Dollar rate still has a lot further to fall before it will find stability, according to analysts at BMO Capital Markets, who say all roads lead toward further losses for the British currency over the short-term.
December 18,2018
The U.S. Dollar index will decline in early 2019 after another test of its cycle-high around year-end, according to analysts at Bank of America Merrill Lynch, who say this should be treated as a buying opportunity.
December 18,2018
Sheba Jafari, an analyst with Goldman Sachs says near-term could see the Pound remain under pressure, but ultimately a floor should be found in the 1.22 region.
December 17,2018
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