Citi strategy for the Pound against the Dollar

The British Pound is looking well supported against the Dollar for now, but should represent a selling opportunity as fundamental niggles re-emerge over coming weeks.

April 5,2018

The Dollar extended earlier losses against a basket of comparable rivals during noon trading in London Wednesday as markets responded to a deeper than expected fall in the ISM services index, which came closely on the heels of China's response to President Donald Trump's latest trade tariffs.

April 4,2018

foreign exchange rates 1

The Dollar has risen 4.4% versus the Swiss Franc since mid-February and is continuing to rally despite increasing trade war fears which would normally be expected to support the safe-haven Franc.

April 4,2018

exchange rates 5

The Pound-to-Dollar rate was rising quite steadily until it hit a glass-ceiling at the level of the 200-week moving average (MA) which it is struggling to break above. 

April 3,2018

exchange rates 1

The US Dollar could be bottoming against the Swiss Franc, and this combined with a growing interest rate advantage from owning USD is providing a golden investment opportunity say Julius Baer. 

March 29,2018

dollar exchange rate 5

The Dollar is set to rise over the next three months, especially versus the commodity block currencies and even safe-havens such as the Euro and Yen, forecasts Mark McCormick chief currency strategist at TD Securities.

March 29,2018

Dollar exchange rate

The Dollar was seen to be the best-performing global currency in the mid-week trading session with markets shifting positions in the run up to the quarter- and month-end close.

March 28,2018

Page 292 of 412

Theme: GKNEWS