U.S. corporate earnings are still beating estimates, suggesting the consensus may be too negative, with potentially positive implications for the U.S. Dollar.
October 16,2019
The Pound-Dollar rate extended its nascent rally Wednesday after official figures revealed a surprise fall in U.S. retail sales in September, the latest sign of a slowdown in the world's largest economy, but the exchange rate is increasingly vulnerable to a correction ahead of the weekend.
October 16,2019
The Dollar index softened late in the European session Tuesday but technical analysts at Commerzbank say an ongoing test of a major trendline of support on the charts has left the greenback vulnerable to further losses in the days and weeks ahead.
October 16,2019
The Dollar advanced against most rivals in a risk-off market Monday as investors expressed scepticism over the partial trade accord unveiled by the U.S. and China late last week, leading the prior increase in so-called risk assets to be begin to unwind at the beginning of the new week.
October 15,2019
If we were to strip out the Brexit imponderables and looked at the GBP/USD from a purely technical perspective, we can see potential for the exchange rate to go as high as 1.30.
October 13,2019
The Pound rose against the Dollar for a second consecutive session Friday after British and Irish Prime Ministers said they can see a path toward a long elusive Brexit deal, prompting Deutsche Bank to walk away from a bet against Sterling, which is also benefiting from hopes of a deal between the U.S. and China.
October 11,2019
The Dollar ceded ground to all major rivals other than the safe-haven and low-yielding Japanese Yen Thursday amid fresh speculation in markets that U.S and Chinese negotiators will this week reach a deal that averts a planned October 15 increase in American tarifs on imports from the world's second largest economy.
October 11,2019
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