None of this is good news for those piling into speculative US Dollar longs. But companies, consumers and investors from across the UK and Europe, who have a requirement to buy Dollars on an ongoin…
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Looking at the Pound-to-Dollar exchange rate we note how the lower timeframe charts are showing a risk of a bullish break higher but the bigger picture still looks bearish, and, ultimately, it may …
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Federal Reserver officials are again second guessing what they know about inflation-drivers but, nonetheless, are still seen pushing ahead with a rate increase in December and as many as four hikes…
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Relentless buying of Sterling on the futures market could be indicative of positive underpinning strength in the currency argues Kathleen Brooks, a foreign exchange analyst with retail trading prov…
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The Pound-to-US Dollar is forecast to continue declining as analysts hold a bullish view of the Dollar following recent strong wage and service sector activity data.
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Although US Non-Farm Payrolls (NFPs) showed a shock fall of -33k in September a strong rise in wages and fall in overall unemployment boosted the Dollar after the release.
Read more … →Uncertainty over who will fill key positions, and the Trump administration’s supposed preference for a weaker Dollar, will probably favour Pound-to-Dollar buyers during the months ahead.
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