A trade war could ultimately lead to global recession, and this is where Dollar weakness comes into play.
Read more … →The Pound-to-Dollar exchange rate saw volatility ahead of the weekend on the release of US employment and wage data which gave off mixed messages to markets.
Read more … →Cable retreats just ahead of chartline capping upside at circa 1.4000.
Read more … →The US Dollar is tipped to maintain a soft tone amidst concrete signs that US president Donald Trump will pursue a protectionist trade agenda.
Read more … →โThe market is now getting rinsed on the Italy trades (short EURJPY etc.) and repricing to remove the tail risk of a nuclear conflagration on the Korean Peninsula.โ - Spot FX trader, HSBC.
Read more … →The Dollar started Monday marginally lower on trade war fears yet the evolving drama could also be positive for USD in the long run.
Read more … →Analysts at foreign exchange brokerage AFEX have confirmed today that they remain optimistic on Sterling's outlook against the Dollar.
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