The U.S. Dollar is being tipped to benefit from rising geopolitical tensions between the U.S. and Iran, with one analyst saying 2020 should see the currency move higher by about 4%, partly as a result of market desire for safe-haven assets.
January 6,2020
The Pound-to-Dollar rate found support on the charts late Friday after receiving a drubbing early in the New Year, although technical analysts at Commerzbank say retains an upside bias and that a retest of its 2019 election highs cannot be ruled out for the days and weeks ahead.
January 5,2020
The British Pound is tipped to retain a positive bias against the U.S. Dollar for the foreseeable future, according to a leading technical analyst.
January 2,2020
The Dollar languished near July lows in a favourable market for riskier currencies Monday as a dearth of supply and fresh optimism among investors over the outlook for U.S. and Chinese trade relations appeared to deflate the safe-haven greenback.
December 31,2019
The Dollar was on course for a fourth consecutive gain Friday after advancing on most major counterparts in pre-holiday trade, although the Euro's woes more than offset strength in the Pound as President Donald Trump pumped markets with bullish talk of progress in negotiations with China.
December 20,2019
The Dollar softened early on Thursday but analysts say the declines are the result of external factors, which are likely to continue dictating price action through the rest of the session, rather than the impeachment of President Donald Trump by the House of Representatives in Washington.
December 19,2019
The Dollar built on earlier gains Wednesday ahead of an eagerly-awaited House of Representatives vote on whether to impeach President Donald Trump although European currencies, the trade war with China and outlook for Federal Reserve (Fed) policy all matter more to greenback's trajectory in the short-term.
December 18,2019
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