The Pound-to-Dollar rate surged Tuesday as the greenback hit the ropes and risk assets rallied in a market where investors continued to view the global economic glass a half-full rather near empty and analysts say this trigger-happy mood could endure over the coming days.
May 26,2020
The Pound bounced tepidly last week but signals from the charts remain bearish while the political pressure cooker that otherwise stains the outlook has gone into overdrive and could prompt another move lower in the coming days.
May 24,2020
The Pound-to-Dollar rate trod water Wednesday as Sterling underperformed in a major currency ripost against a wavering greenback, but could need a miracle if it's to avert fresh losses on the road ahead even it does find a new, lower trading range in the coming days.
May 21,2020
The Dollar Index was down on its luck Tuesday although it could soon force President Donald Trump to eat last week's Dollar-friendly words if the nascent rebound in Sterling and the Euro comes undone and some forecasts for those European currencies are anything to go by.
May 19,2020
The Pound-to-Dollar rate beat a hasty retreat last week that took it over the edge of a technical precipice in time for the Friday close, setting the British currency up for even further losses in the weeks ahead, although the scale of last week's decline and a nearby support level could see Sterling attempt to stabilise in the coming days.
May 17,2020
The Pound-to-Dollar rate beat a hasty retreat on Friday that's left it teetering on the edge of a precipice after suffering decisive losses on the summit of its March-April rebound, and Friday evening's close could be key to exactly how quickly it unravels back in the direction of earlier lows.
May 17,2020
The U.S. Dollar was sent sharply higher on Thursday, May 14 amidst a broad-based market sell-off, rising tensions between China and the U.S. and comments by President Trump that he now supports a stronger Greenback.
May 20,2020
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