The GBP/USD exchange rate is forecast to enjoy further upside momentum in the short-term suggest our technical studies while the highlight in the coming week for Sterling will be the outcome of a series of votes in the UK parliament on Tuesday which should dertermine the path forward on Brexit. In the U.S. the Federal Reserve policy meeting mid-week and employment data at the week's end should command attention.
January 28,2019
The Pound-to-Dollar rate could rise even further than it already has over the coming days, according to analysts at Commerzbank, who say technical factors could soon drive the British currency to a three-month high against the U.S. greenback.
January 25,2019
The Pound-to-Dollar rate could rise sharply during the months ahead, with Sterling outperforming many of its rivals in a race to recoup ground lost to the greenback last year, as investors jetttison the U.S. currency from their portfolios.
January 24,2019
The Pound is one of the best performing currencies this January and can still rise further against the Dollar over the coming days and weeks, according to some analysts, but others say the market is in danger of getting ahead of itself.
January 23,2019
The Dollar could be due a boost before the week is finished should the U.S. senate vote through either of the two proposals due before them aimed at ending the ongoing government shutdown.
January 23,2019
The U.S. government shutdown is acting as a weight around the ankles of the economy and with no end in sight this Monday, it could soon begin to impact the Federal Reserve (Fed) policy outlook and weigh on the Dollar, according to CIBC Capital Markets.
January 21,2019
The technical outlook for the Pound against the U.S. Dollar is positive, however we are wary that the coming week will be packed with political intrigue that could well shake Sterling.
January 20,2019
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