A key market theme at present is the question of whether or not a second spike in covid-19 infections is brewing, particularly in the U.S. where a number of states have are seeing infection rates rise markedly.
June 22,2020
The Pound underperformed last week while the greenback steadied, leading the Pound-to-Dollar rate to unravel again on the charts in a move that's tipped to extend over the coming days.
June 21,2020
The Pound-to-Dollar rate doubled over into the weekend Friday as a turn lower in stock markets exacerbated earlier losses that were already snowballing amid rebellion over the latest Bank of England (BoE) monetary policy decision.
June 21,2020
The Pound-to-Dollar rate volatile Thursday after the Bank of England (BoE) told markets it intends to slow the pace at which it buys an increased stock of British government bonds using newly created money in the coming months.
June 18,2020
The Dollar Index cemented its grip on an important support level Tuesday as major currencies ceded ground to the greenback after industrial production figures disappointed investors in the aftermath of a solid retail sales report, although technical analysts see only limited upside for the U.S. unit.
June 16,2020
The Pound advanced on a resilient Dollar Tuesday even as investors turned more cautious amid an increase in geopolitical tensions, with Sterling drawing a bid from lessening concerns about the Brexit trade talks, although it risks crumbling later in the week.
June 16,2020
The Pound-to-Dollar rate shed almost one percent in what was a rollercoaster ride last week but is at risk of crumbling further in the coming days amid multiple technical and fundamental headwinds that could see volatility picking up.
June 14,2020
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