The Pound could fall by as much as 8% against the Dollar over the coming months, according to analysts at BMO Capital Markets, who say Sterling is now a "do not touch" kind of currency because a no deal Brexit is the most likely outcome from the saga playing out in parliament.
February 18,2019
Pound Sterling is in a short-term downtrend against the U.S. Dollar which leads us to suggest more of the same is possible near-term but we are conscious that weekend news on a potential softening on France's Brexit stance could benefit the currency early on.
February 17,2019
The Dollar softened during noon trading Friday after President Donald Trump declared a "national emergency" in order for him to secure funding for his proposed wall along the southern border with Mexico, raising the spectre of a showdown with Congress and more political dysfuntion in Washington.
February 15,2019
The Russian Rouble will probably rise in the short-term as strong portfolio inflows into the Russian bond market due to a positive outlook for state finances, along with a generally robust balance of payments supports demand say analysts at ING Bank.
February 15,2019
The U.S. Dollar is outperforming this February with the Dollar index - a broad measure of overall Dollar performance - reaching highs not seen since December but we hear from a number of financial analysts who are not won over by the Dollar.
February 15,2019
The U.S. Dollar weakened Thursday after official data revealed a steep slump in retail spending during December that shocked financial markets the world over, although some analysts say a creaking global economy means there is only limited scope for the greenback to depreciate this year.
February 15,2019
Pound Sterling is under pressure against the U.S. Dollar on Thursday, February 14 with markets eyeing a number of votes in the UK parliament today which will see members of the House of Commons asked to vote on Prime Minister Theresa May's Brexit strategy.
February 14,2019
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