The U.S. Dollar dodged a potential bullet and turned higher in mid-week trade after the Chair of the U.S. Federal Reserve Jerome Powell failed to signal the Fed was preparing to cut interest rates into negative territory.
May 13,2020
The Pound-Dollar rate was handing back earlier gains Wednesday and is comfortably the developed world underperformer this month, although it's also now caught between a fiscal rock and an economic hard place at a time when downside risks are building for the British currency.
May 14,2020
The Dollar was wavering in Tuesday trade as the Euro-to-Dollar rate and other risk currencies rose amid an upbeat mood among investors although Sterling underperformed again, begging the question of what might happen to the Pound-Dollar rate if the market mood was to darken over the coming days.
May 12,2020
The U.S. Dollar is being tipped to outperform its rivals in the near-term, however the longer-term outlook for the currency is deteriorating according to new research.
May 11,2020
The Pound-Dollar rate recovered its footing enough to stabilise ahead of the weekend but it faces immediate obstacles on the charts and a number of downside risks in the week ahead, while increasing numbers of analysts are tipping it as a sell.
May 10,2020
The Pound-Dollar rate was unable to hold its Bank of England (BoE) boost ahead of the holiday weekend on Thursday and will face headwinds from multiple directions in the weeks ahead, at a point when the charts are also turning more clearly bearish again.
May 7,2020
The Dollar Index edged higher on Thursday due to a lacklustre performance from some European currencies, which came as risk assets responded to stronger-than-expected March trade figures and reports suggesting the U.S. and China will look to implement their trade deal from next week.
May 7,2020
Page 163 of 377
