The Dollar added to gains over the British Pound and other currencies in a risk-off market Tuesday after the Institute of Supply Management (ISM) services PMI shot higher for the month of February.
March 5,2019
The Dollar was boosted Monday after The Wall Street Journal reported that negotiators are close to finalising a trade deal that could see White House tariffs removed from Chinese goods exported to the U.S., which suported the greenback and prompted a fresh bid for so-called risk assets.
March 4,2019
The Technical outlook for GBP/USD is constructive and we would expect Sterling to maintain its 2019 bias for strengthening. But, we are wary of a surprise vote on Brexit, while a broadly stronger U.S. Dollar could provide headwinds.
March 3,2019
The Pound-to-Dollar rate pulled back from recent highs Friday but analysts are still bullish in their forecasts for the pair, and some say current levels provide an attractive opportunity for speculators to buy into Sterling's recovery while it's still at a reasonable price.
March 1,2019
The Pound-to-Dollar rate retreated further from recent highs Thursday after official data showed the U.S. GDP growing faster than was expected during the final-quarter of 2018, potentially tempering fears of an imminent slowdown in the world's largest economy.
March 1,2019
The risk of an imminent breakout in U.S. 10-year yields could inject a dose of volatility in the U.S. Dollar over coming hours, we believe.
February 28,2019
The Dollar could be stopped in its tracks when final-quarter GDP data is published this week after official figures revealed on Wednesday that the U.S. trade deficit surged to a record high back in December.
February 27,2019
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