The Pound to Dollar exchange rate is said to be at risk of further losses in the short-term and even a positive UK labour market report on Tuesday would unlikely be enough to resist the broader Dol…
Read more … →
One of the most prominent banks on the U.S. Main Street has upgraded its stance for the U.S. Dollar over the remainder of 2023, although weakness is still expected to be a feature of 2024.
Read more … →
The rise in oil prices is tipped by analysts to be supportive of the U.S. Dollar as non-oil exporting countries are expected to see inflation rates remain elevated as growth continues to slow.
Read more … →
The Pound to Dollar exchange rate (GBPUSD) fell to a fresh three-month low after investors were left with very few attractive alternatives to the Dollar in the wake of underwhelming Chinese and Eur…
Read more … →
The initial market reaction to the August jobs report was straightforward, with the US dollar and yields getting knocked down, but it did not last, explains Marios Hadjikyriacos, Senior Investment …
Read more … →
"The next area of possible support would be at around 1.242; if that doesn’t hold we could then see a reversion to the major low posted near the end of May, i.e. at 1.232 or so" - The Technical Tra…
Read more … →
Labour market figures show the U.S. economy continues to add jobs at a strong pace, although further signs of a slowdown were apparent in the August data released on September 01.
Read more … →