The U.S. Dollar has started the new month on the front foot by going sharply higher against the British Pound, Euro and other major currencies as it looks to overturn some of the sharp losses suffered during July when investors lightened up on exposure to U.S. markets.
August 3,2020
The Pound-to-Dollar rate could consolidate over the coming days after its strongest month since 2009 left Sterling overbought on the charts, and at a point when the transatlantic coronavirus tables could be turning.
August 2,2020
The Pound-to-Dollar rate outperformed Thursday as investors contemplated what rising jobless claims might mean for an economy that already outdid many rivals in a historic second-quarter collapse.
July 31,2020
The Dollar was lifted Thursday after the Federal Reserve (Fed) sat on its hands at July's policy meeting but a clear commitment to do more alongside congress and in support of the economy has helped further divided opinion on the outlook for the U.S. currency.
July 30,2020
The Pound-to-Dollar rate was carried across another key rubicon in its ninth consecutive gain on Wednesday as an exodus from the greenback resumed, but BofA Global Research says adverse seasonal trends and the trajectory of Brexit talks means fresh underperformance is just around the corner.
July 30,2020
The Dollar was swimming in the red Wednesday amid continued deadlock in Washington's bipartisan talks over an economic aid bill, again placing the weight of the world on the shoulders of the Federal Reserve (Fed) just hours out from its July policy statement, which is a double edged sword for the greenback.
July 29,2020
An acceleration U.S. Dollar weakness has been the main theme in global foreign exchange markets over the course of the past week, but the decline is now looking overdone and it is too soon to suggest a more sustained long-term decline in the Greenback is about to commence say some analysts.
July 28,2020
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