26 April 2019 Blowout U.S. GDP Data Triggers Profit-Taking on the Dollar

The greenback was softer and the Pound-to-Dollar rate a fraction higher during morning trading Friday ahead of the release of U.S. GDP data for the first-quarter, which is key to the outlook for cu…

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25 April 2019 The U.S. Dollar Index is a Buy says RBC Capital Markets, Target the Two-year High 

The Dollar index is on course to reach a two-year high over the coming weeks, according to technical analysts at RBC Capital Markets, who say a breakout above the top an ascending triangle pattern ha…

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25 April 2019 The Pound-to-Dollar Rate Finds Support Even after U.S. Data Points to Growth Pickup

The Dollar extended gains Thursday, keeping many exchange rates under pressure, after durable goods orders data pointed to a solid pick-up in U.S. business investment during March just a day before…

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24 April 2019 The Pound-to-Dollar Rate is at Risk of Another Lurch Downward say Technical Analysts 

The Pound-to-Dollar rate edged higher during early noon trading Wednesday following a punishing start to a holiday-shortened week but the British currency is at risk of another sharp lurch downward…

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23 April 2019 The Pound-Dollar Rate is Threatened by U.S. GDP this Week but Brexit and Global Growth Key to Outlook 

Sterling slipped into and out of the top spot in the G10 league table Tuesday as the UK parliament having returned from its Easter recess stoked fresh hope of a breakthrough in the Brexit process, …

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22 April 2019 Pound-to-Dollar Rate 5-Day Forecast: Neutral-to-Bearish as Exchange Rate Breaks Below 1.30

The Pound-Dollar exchange rate has fallen below the psychologically important 1.30 marker as near-term momentum turns negative suggesting a bias for further losses over coming days.

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18 April 2019 The Pound-to-Dollar Rate Tests Key Downside Support Level after U.S. Retail Sales Surge Rebukes Dollar Bears

The greenback extended gains in a risk-off market Thursday, forcing the Pound-to-Dollar rate to test a key downside level, after March retail sales surprised on the upside following a deluge of neg…

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