The U.S. Dollar is likely to continue trading with a resilient tone and remain supported near recent levels over the coming weeks, according to multiple analysts, until uncertainty about the global economy and Federal Reserve (Fed) interest rate outlook lifts.
February 4,2019
The Pound fell back against the U.S. Dollar last week however the technical outlook remains positive and with the Brexit impasse likely to play neutral for Sterling in the coming week there is a good chance the exchange rate turns higher once more.
February 4,2019
The U.S. Dollar will probably strengthen against most major counterparts in 2019 on the back of U.S. economic outperformance and the resultant interest rate rises at the U.S. Federal Reserve says Stephen Stanley, Chief Economist at Amherst Pierpont.
February 1,2019
The U.S. Dollar caught a bid late in the final session of the week even after January's labour market report delivered a surprise fall in wage growth, an increase in unemployment and a downgrade to earlier jobs growth numbers.
February 1,2019
The U.S. Dollar was clobbered with heavy losses overnight and into the Thursday session after the Federal Reserve (Fed) suggested strongly the interest rate hiking cycle that has supported the Dollar this last year, could now be over.
January 31,2019
The U.S. Dollar will remain heavy and continue to trade on its back foot over the coming weeks, according to analysts at MUFG, who say the prospect of a second policy change from the Federal Reserve (Fed) and another government shutdown will deter investors away from the Dollar.
January 29,2019
The Pound-to-Dollar rate could extend its nascent run of gains over the coming days, according to analysts at ING Group and Commerzbank, as parliament wrestles with the government for control over the nation's path toward Brexit.
January 28,2019
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