The Pound-to-Dollar exchange rate is under fresh pressure on Tuesday, July 09 with analysts saying the move below 1.25 opens the door to fresh losses owing to a lack of support in the market we are told.
July 9,2019
The Dollar was on its front foot Monday as investors continued to reappraise the Federal Reserve (Fed) interest rate outlook in the wake of last week's nonfarm payrolls report, although analysts at MUFG have tipped the greenback for further gains in the coming days.
July 8,2019
The GBP/USD exchange rate is trading at around 1.2523 at the start of the new week, 1.35% lower than where it started the previous week. Studies of the charts suggest the pair is in a downtrend which is expected to continue over the next five days.
July 8,2019
The Dollar built on earlier gains Friday after the latest nonfarm payrolls report and unemployment data revealed a sharp rebound in U.S. jobs growth during June, taking the market by surprise even though investors were already looking for steep gains.
July 5,2019
The Pound could face even steeper losses against the Dollar than some in the market expect in the event of a 'no deal' Brexit after October 31 according to new analysis from Pantheon Macroeconomics, while others are warning the British currency will weaken further going into Autumn.
July 5,2019
The U.S. Dollar will weaken over time, says a leading currency strategist, citing a difference between interest rates in the U.S. and other countries.
July 4,2019
The Dollar was steady Thursday after thumbing its proverbial nose at President Donald Trump's latest attempts to lobby the Federal Reserve (Fed) for interest rate cuts and a weaker a U.S. currency, but analyst concerns about the interventions are growing and any eventual reaction by the greenback could be severe.
July 4,2019
Page 199 of 377
