03 February 2019 Pound-to-Dollar Rate Week Ahead Forecast: Continuation Higher Possible, 'Pennant' Pattern Cited

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 go…

Read more … →
01 February 2019 U.S. Dollar to stay Strong in 2019 as Fed Hikes Amidst 2.X% Economic Growth: Amherst Pierpont

The U.S. Dollar will probably strengthen against most major counterparts in 2019 on the back of U.S. economic outperformance and the resultant interest rate rises at the U.S. Federal Reserve says S…

Read more … →
01 February 2019 Pound-to-Dollar Whipsaws on Data Deluge: Wages Disappoint but ISM Manufacturing Suggests Strong Start to 2019 for U.S. Economy

The U.S. Dollar caught a bid late in the final session of the week even after January's labour market report delivered a surprise fall in wage growth, an increase in unemployment and a downgrade to…

Read more … →
30 January 2019 U.S. Dollar Dives after Federal Reserve Moves to the Sidelines 

The U.S. Dollar was clobbered with heavy losses overnight and into the Thursday session after the Federal Reserve (Fed) suggested strongly the interest rate hiking cycle that has supported the Doll…

Read more … →
29 January 2019 U.S. Dollar to Remain Heavy as Another Shutdown and Fed Policy Change Loom 

The U.S. Dollar will remain heavy and continue to trade on its back foot over the coming weeks, according to analysts at MUFG, who say the prospect of a second policy change from the Federal Reserv…

Read more … →
28 January 2019 Pound-to-Dollar Rate Eyes Further Gains Amid Brexit Votes in Parliament 

The Pound-to-Dollar rate could extend its nascent run of gains over the coming days, according to analysts at ING Group and Commerzbank, as parliament wrestles with the government for control over …

Read more … →
27 January 2019 Pound-to-Dollar 5-Day Forecast: Break Above 200-day MA Seals Deal for Sterling Bulls

The GBP/USD exchange rate is forecast to enjoy further upside momentum in the short-term suggest our technical studies while the highlight in the coming week for Sterling will be the outcome of a s…

Read more … →