Polling and betting markets are sending a strong signal that Joe Biden and the Democrats will gain control of both congress and the executive in November, a result that is widely said to be negative for the U.S. Dollar.
October 9,2020
The Pound-to-Dollar rate outlook may be marred by Brexit uncertainty long after year-end amid increasing signs that trade talks could be extended into next year, which have already produced volatility but at the same time, led some forecasts for the British currency to be upgraded.
October 7,2020
Stock markets and commodities fell while the safe-haven Dollar, Yen and Franc were bid higher after President Donald Trump unexpectedly ended negotiations with Democrats over a large coronavirus relief and stimulus package.
October 7,2020
Economists at Société Générale have told clients that the yield paid on government bonds in the U.S., Eurozone and UK maintain a strong grip on foreign exchange market dynamics and continue to explain moves in the Dollar, Euro and Pound.
October 6,2020
The Pound-to-Dollar exchange rate recovered further lost ground last week but is still susceptible to adverse Brexit headlines and could also face downside risks amid fears for the health of President Donald Trump over the coming days.
October 4,2020
The Dollar's recent strength is likely a short-term phenomenon and not the start of a more sustained move higher, according to analysis from lender Standard Chartered and the world's largest dealer of FX, Citibank.
October 2,2020
The Dollar fell alongside U.S. stock futures and government bond yields Friday after President Donald Trump said in a Twitter post that he and his wife have tested positive for the coronavirus, opening a Pandora’s box of uncertainty barely more than a month out from the November 03 election
October 5,2020
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