The Pound is on course to hit an 18-month low against the Dollar in the New Year, according to analysts at BMO Capital Markets, who say "unresolved Brexit issues" will cause the British curren…
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GBP/USD will probably be drawn well above 1.30 before Christmas provided "solid signs of progress" are being made on Brexit says Viraj Patel, FX strategist at ING Bank.
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What will the Dollar do this week? This will be foremost in the minds of currency market participants following the currency's ongoing push higher that has cast aside all others.
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The Pound-to-Dollar rate fell to fresh lows of 1.2777 on Friday after solid growth data lifted the greenback while Sterling remained on its back foot due to unfavourable Brexit news-flow.
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The Dollar reversed course and turned lower, resuming earlier losses, Friday after a series of poor corporate earnings reports sent U.S. stock markets sharply lower during the final session of the …
Read more … →The Dollar will continue its reign of supremacy over other currencies into year-end, according to analysts at Nordea Capital Markets, although the U.S. currency is seen capitulating to a range of a…
Read more … →The Pound-to-Dollar rate has set a new October low and is on course for more losses over coming days, according to Commerzbank.
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