The Pound could be at risk of further losses from already historically low levels if some of the latest forecasts from Capital Economics are anything to go by, because Bank of England (BoE) interest rate cuts are now seen adding to the British currency's Brexit woes unless a deal is agreed with the EU before the end of October.
October 10,2019
The U.S. economy continues to give mixed signals but this won’t dissuade the U.S. Federal Reserve from cutting interest rates at in October, says a leading asset manager.
October 9,2019
The Pound-to-Dollar exchange rate is forecast to extend lower by strategist Russel Sandiford of ACY Securities.
October 9,2019
The Dollar was lower in a risk-on market Wednesday but is tipped to remain bid over the coming weeks as global risks remain elevated and because the Federal Reserve (Fed) at least appears unconvinced of any need for further interest rate cuts in the short-term.
October 10,2019
The Pound-to-Dollar rate slumped Tuesday and could be on the brink of further sharp declines if BBC News is correct in its understanding of the latest Brexit developments, which could have just made a 'no deal' exit from the bloc all but inevitable.
October 8,2019
The Dollar entered the new week on its front foot Monday as investors turned their attention toward trade talks in Washington, with allegations of Chinese foot-dragging prompting a bid for the safe-haven U.S. currency early in the European session.
October 7,2019
Studies of the GBP/USD charts suggest weakness is possible, but we note a critical week for Brexit negotiations lies ahead and this could inject heightened two-way volatility into Sterling.
October 6,2019
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