There may be more at stake for the U.S. Dollar at today’s Federal Reserve meeting than meets the eye, says Richard Perry, an analyst at Hantec Markets.
October 30,2019
U.S. economic growth statistics came out ahead of expectation when released on Thursday, October 30, thanks to the resilience of the U.S. consumer, leading some analysts to suggest the economy is strong enough to cast doubt on a Federal Reserve interest rate cut being delivered in December.
October 31,2019
The Pound pared earlier gains over the Dollar Tuesday after opposition holdouts in parliament agreed to support an early general election, setting the nation up for its third poll inside of five years, which is dividing opinion in the market on the outlook for Sterling into year-end.
October 29,2019
The Dollar softened at the start of the new week amid claims of further progress in the U.S.-China trade talks and ahead of a widely anticipated interest rate cut from the Federal Reserve (Fed) on Wednesday, although some analysts say the greenback should rise in the days ahead.
October 29,2019
Studies of the GBP/USD charts suggest a multi-week uptrend will likely eventually extend, however technical studies suggest the exchange rate might struggle in the immediate-term while rising political uncertainty will provide the fundamental backdrop for steering clear of Sterling.
October 27,2019
The Dollar stabilised in the final session of the week after rallies in Pound Sterling and the Euro petered out, helping the greenback to arrest a fortnight-long downward correction, although the U.S. currency is now tipped to recover some lost ground over the coming days.
October 25,2019
Strategists at HSBC reiterate their bullish stance on the U.S. Dollar, but their rivals at Citibank and technical studies suggest investors should be cautious before diving into greenbacks.
October 24,2019
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