The greenback extended gains in a risk-off market Thursday, forcing the Pound-to-Dollar rate to test a key downside level, after March retail sales surprised on the upside following a deluge of negative economic numbers from Europe during the morning session.
April 18,2019
The still-positive yield differential of the U.S. Dollar compared to the other G10 currencies will keep losses minimal and the currency ultimately supported says Petr Krpata, chief EMEA FX and FI strategist at ING Bank.
April 17,2019
The Pound could be about to 'break out' against the U.S. Dollar with analysts citing the increasingly narrow ranges traded by the exchange rate as evidence.
April 17,2019
The Dollar was buoyant Tuesday after an influential Federal Reserve (Fed) rate setter made comments that were perceived as 'hawkish' late on Monday but industrial production figures released during the noon session suggest that during the first quarter the U.S. economy handed one to the consensus view on the greenback.
April 17,2019
The Pound-to-Dollar rate is trading close to a trendline that is key to the technical outlook, according to analysts at Rabobank, who say the odds are skewed in favour of rally higher for the exchange rate over the coming weeks but warn of losses to come if the trendline gives way.
April 15,2019
The Pound is forecast to track sideways against the U.S. Dollar over the near-term suggest our technical studies, but much of this week's action will depend on UK wage data out on Tuesday and a Dollar that appears to be experiencing a short-term soft-patch.
April 15,2019
The Dollar slipped lower during morning trading Thursday after minutes from the latest Federal Reserve meeting appeared to confirm that the central bank is unlikely to raise its interest rate at all in 2019, although some analysts are still tipping the greenback for fresh gains this year.
April 11,2019
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