The Dollar may well rise if important data out this week confirms a positive outlook, whilst Sterling underpinned by economic resilience.
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Near-term GBP/USD strength projected by Morgan Stanley but a resumption of heavy selling pressures is ultimately forecast over coming months.
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Donald Trump’s great stimulus flatpack is unlikely to be as great as the promised, but the Dollar will still stay strong anyway, whilst the ‘buried gold’ of Corporate repatriations is unlikely to b…
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GBP/USD has recovered on smooth transition talk from Theresa May and hopes of more stimulus from Chancellor Hammond.
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The Dollar Index has reached 13-year highs and looks likely to continue rising. The main reasons for the rise are Donald Trump’s new economic policies, but how likely are they to become a reality?
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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.
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Charts are bearish ahead of Chancellor Hammond’s Autumn Budget Statement
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