The Dollar is close to topping out and will not reach meaningful new highs, according to analysts at Morgan Stanley, who are telling the bank's clients to begin selling the U.S. currency.
November 19,2018
The Pound-to-Dollar exchange rate is forecast to maintain familiar levels over coming days but ln the case of a downside break - confirmed by a move below 1.2600 - we might expect a follow-through down to a target at 1.2310.
November 18,2018
The U.S. Dollar appeared to shrug Wednesday when official data revealed that U.S. inflation pressures remained elevated during October, although recent developments in oil markets mean the outlook for price pressures has cooled of late.
November 14,2018
From a technical perspective, there is evidence a recent uptrend in GBP/USD may have rotated lower after pulling back down below the 50-day moving average, which is in itself a bearish sign.
November 12,2018
The U.S. Dollar rally extended ahead of the weekend thanks to a better-than-forecast PPI number out of the U.S.
November 9,2018
The Dollar is likely to correct downwards against a basket of currencies before year-end, according to technical analysts at Bank of America Merrill Lynch, who've warned the U.S. currency could be in for "much more pain" if a key level of support gives way over the coming months.
November 9,2018
"GBP/USD looks mostly neutral in short term," say brokers XM.
November 9,2018
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