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Dollar bulls clinging to the hope that USD will turn around in the next month after the Trump deflation decline or those poised to buy the currency at a discount may be in for a disappointment, argue strategists at UBS.
March 28,2017
The failure of the Trump administration to repeal the Affordable Care Act has led to a further weakening of the US Dollar with many in the foreign exchange market starting to draw the inevitable conclusion that the Dollar has had its time in the sun.
March 28,2017
Article 50 is triggered this week and politics takes centre stage for foreign exchange markets once again.
March 28,2017
USD weakness characterises foreign exchange market trade at the start of the new week following the failed passage of the US healthcare bill through the US Congress on Friday, March 24.
March 28,2017
We would wish to see confirmation from a move above Thursday’s highs at 1.2532 before forecasting more upside in GBP/USD.
March 26,2017
The USD/JPY had been in a strong uptrend in the latter part of 2016 but it has been steadily falling ever since it made a top at 118.17 in December.
March 26,2017
The US dollar has found some momentary support over recent hours on hopes that the House of Representatives passes the healthcare repeal bill later today.
March 24,2017
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