The strong rally behind Pound Sterling means the damage inflicted by the Brexit vote has been erased.
Read more … →Even the most pessimistic of Dollar bears probably wouldn't have predicted cable surging to 1.40 so early in the year, but flashing warning signals now suggest a pull-back is on the cards.
Read more … →The British Pound's strong run against the Dollar is unlikely to last warn analysts at Capital Economics.
Read more … →Following months of underperformance, the Dollar is due a recovery against both the Euro and Pound, underpinned by inflows from corporate repatriation flows and rising interest rates.
Read more … →The Dollar is expected to weaken at the start of next week as the US government shuts down from lack of funds, charts show the pair is still in an uptrend but resistance thickening.
Read more … →FX Strategist Ned Rumpeltin at TD Securities in London tells clients he believes the Pound's rally now "looks a bit long in the tooth. Some near-term caution is warranted."
Read more … →The Pound has powered higher versus the Dollar and is now close to levels where the risks increase of a pull-back or reversal.
Read more … →