An interesting note has come in from technical strategists at Citi who have told clients they are buying the Pound while selling the Dollar.

February 26,2019

The U.S. Dollar softened at the beginning of the new week and risk assets rose after President Donald Trump said tariffs on Chinese good imported inot America will not rise any further next month, although analysts were immediately sceptical of whether the truce will last. 

February 25,2019

The Pound is poised to make further gains against the U.S. Dollar from a technical basis with favourable chart setups being observed. However, an important week for Brexit politics and a slew of data out of the U.S. economy could trigger unexpected shifts in the GBP/USD exchange rate.

February 24,2019

The Pound is still on course for a near-double-digit loss against the Dollar as the UK leaves the EU without a deal, according to strategists at BMO Capital Markets, who say recent political events do nothing to change their view that this is the most likely outcome from the saga playing out in parliament.

February 22,2019

The Dollar traded buoyantly on Thursday after minutes from the Federal Reserve's (Fed) January meeting suggested some policymakers are still keen to raise interest rates this year, seemingly contradicting the market's view that rates are already as high as they're likely to go.

February 21,2019

 The Dollar rose broadly Tuesday and could remain on its front foot for a while to come, according to analysts at CIBC Capital Markets, who say the U.S. currency is unlikely to depreciate until the Euro rises from the depths of its latest trough. 

February 20,2019