Recent GBP/USD weakness throws the young uptrend into doubt, but we are wary of heightened politically-inspired volatility in all Sterling exchange rates over coming days.
September 1,2019
The Dollar rose Thursday but failed to get the better of riskier counterparts after Chinese officials led investors to believe a breakthrough in talks about the trade war is near, but the price of progress could prove too steep for President Donald Trump and markets may ultimately have set themselves up for disappointment.
August 30,2019
The Pound slumped to the bottom of the G10 league table Wednesday as traders dumped it in response to an attempt by Prime Minister Boris Johnson to curtail a rebellion among anti-Brexit MPs by shutting down parliament, although technical analysts at Commerzbank have suggested this fall is a buying opportunity.
August 28,2019
The Dollar put in a mixed performance Tuesday as investors responded positively to economic data and President Donald Trump's earlier claims that progress is being made in the trade talks with China, which have prompted analysts at TD Securities tip the U.S. currency to weaken in the days ahead.
August 28,2019
The GBP/USD rate is trading at 1.2244 at the start of the new week after rising almost 1.16% in the week before and studies of the charts suggest that the short-term trend has turned positive.
August 26,2019
The Dollar hit the ropes in the final session of the week after Chairman Jerome Powell's hinted in Jackson Hole the Federal Reserve (Fed) is slowly leaning toward further cuts for U.S. interest rates, which was too little and too late for President Donald Trump.
August 23,2019
The Dollar was marching north Friday ahead of an eagerly-anticipated speech from Federal Reserve (Fed) Chairman Jerome Powell that will set the direction for major exchange rates for weeks to come, and analysts are increasingly warning the U.S. currency could strengthen further.
August 23,2019
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