The Dollar advanced against most rivals Thursday after minutes from the latest Federal Reserve (Fed) interest rate meeting painted a picture of outright division on the Federal Open Market Committee, which is expected to support the Dollar ahead of a landmark speech from Chairman Jerome Powell on Friday.
August 22,2019
The Dollar was weaker against most currencies Wednesday during a session where so-called risk assets were in demand, but the downside should be limited ahead of Friday's speech from Federal Reserve Chairman Jerome Powell because U.S. bond yields are are proving so attractive to investors according to strategists at ING.
August 22,2019
The Dollar rose against all barring two of its G10 rivals Monday as investors responded to claims that two of the world's top economies are contemplating fiscal stimulus at a time when the global economy is wounded and weakening fast, although much about the future direction of the U.S. currency will be determined in the weeks ahead by the Federal Reserve (Fed).
August 19,2019
The Pound-to-Dollar rate is on the verge of a "new and stronger" uptrend that could see the bulk of Sterling's post-referendum losses ironed out, according to analysts at CMC Markets, although other firms are warning that fresh losses could blight the British currency in the weeks ahead.
August 19,2019
Studies of the Pound-Dollar charts suggest that the short term trend may have reversed, increasing the risks of more upside.
August 18,2019
The Dollar was rose against almost all of its developed world rivals Thursday after retail sales figures surprised strongly on the upside for the month of July, boding well for growth in the third-quarter and suggesting U.S. consumers are yet to receive the recessionary memo now coming from the bond market's so-called yield curve.
August 15,2019
The Pound-to-Dollar rate handed back earlier gains Wednesday after the outlook for the global economy appeared to darken further when the U.S. bond yield curve inverted for the first time since the financial crisis, herding investors toward the greenback and other so-called safe-haven currencies.
August 14,2019
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