GBP/USD advance could be tested by key 1.30 resistance level.
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The U.S. Dollar may struggle to make further gains despite strong economic data including a consensus-busting GDP figure last Friday, according to analysts at Scotiabank, who say most of the ‘good …
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The Dollar is set to go on drawing support from a Federal Reserve interest rate that is highest in the developed world as the prohibitive cost of protecting investments against falls in the greenba…
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The Pound-to-Dollar rate is already sat on a healthy gain for the 2019 year but it could be in for a further boost this week if economists are right in warning suggesting the Bank of England (BoE) …
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The Pound-Dollar exchange rate is trading below 1.30 and our technical studies suggest further near-term weakness can be expected.
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The Pound-to-Dollar exchange rate has ceded the initiative to the bears in recent days, reinforcing the bearish short-term outlook and raising the distinct possibility of a continuation down to the…
Read more … →A global economic slowdown and the exorbitantly high cost of hedging against falls in the Dollar are likely to help keep the U.S. currency supported at relatively high levels over the coming months, …
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