The Dollar has reached a 13-year high versus a host of major currencies as measured by the Dollar Index (DXY). A break above old highs is a strong sign of more upside on the horizon.
Read more … →
Charts are bearish ahead of Chancellor Hammond’s Autumn Budget Statement
Read more … →
GBP/USD is likely to see further declines after breaking below a key trendline, although it has already almost met its first downside target.
Read more … →
The Dollar is expected to rise another 5%, say analysts at Deutsche Bank, but what will the Trump administration do if the currency gets too strong?
Read more … →The US Dollar is firmly in charge at the time of writing with market participants pushing the Trump trade further.
Read more … →
After rising steadily following the victory of Donal Trump, GBP/USD is facing its first major challenge, at the level of the 50-day MA.
Read more … →The Dollar is likely to continuing its purple patch into the end of the year when the Fed has its seminal interest rate meeting on December 14, say analysts at Commerzbank.
Read more … →