The Pound-to-Dollar rate could be set to underperform as an elevated ‘no deal’ Brexit threat encourages investor caution, but absent a clear end of efforts to reach a trade agreement, Sterling may take its lead more from appetite for the Dollar and risk assets than it does the Brexit drama.
October 19,2020
The U.S. Dollar is in demand amidst market disappointment that U.S. politicians are unlikely to reach a stimulus deal before the November election and fresh signs that trends in the country's jobs market are heading in the wrong direction.
October 15,2020
The Pound-to-Dollar exchange rate was in recovery mode Wednesday on elevated hopes that Brexit trade talks will continue beyond a self-imposed UK deadline, but recent losses have left it rudderless and taking in water on the charts, which are now warning of a fall back to May lows.
October 14,2020
Analysts at Natwest Markets and Barclays have told clients the likelihood of a market-boosting U.S. stimulus bill being presented ahead of the November vote are low.
October 13,2020
The Pound-to-Dollar exchange rate surged late in the Friday session to enter the new week with a fresh pulse of momentum behind it, however weekend headlines concerning the status of an U.S. economic stimulus bill could mean a foray above 1.30 proves short-lived.
October 12,2020
The Pound-to-Dollar exchange rate climbed to its highest since early September Friday analysts have warned that technical resistance is set to obstruct the path higher in what could be a formative week for the UK-EU trade relationship as well as the outlook for Pound Sterling.
October 9,2020
There are 35 senate seats up for grabs in the November vote, whether or not the Democrats can snatch enough from the Republicans to take control of the Houses of Congress could well dictate how the U.S. Dollar and equity markets end 2020.
October 9,2020
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