The U.S. Dollar index will decline in early 2019 after another test of its cycle-high around year-end, according to analysts at Bank of America Merrill Lynch, who say this should be treated as a buying opportunity.
December 18,2018
Sheba Jafari, an analyst with Goldman Sachs says near-term could see the Pound remain under pressure, but ultimately a floor should be found in the 1.22 region.
December 17,2018
The Pound-to-Dollar rate fell almost a whole percentage point from a week ago after Theresa May's decision to delay the vote on the government's withdrawal deal increased fears of a ‘no-deal’ Brexit materialising, and the bias for the week ahead is toward the downside too.
December 16,2018
The Pound was sent tumbling Friday not only by the strengthening greenback and Sterling's close correlation with the Euro-to-Dollar rate but also renewed fears over the stability of the UK government.
December 14,2018
The U.S. Dollar was riding high Friday following a strong set of November retail sales, which provided further support to a greenback already boosted by concerns over the Chinese economy and European growth.
December 14,2018
The Pound-to-Dollar rate will spend much of the next year trapped near its post-referendum lows, according to the latest forecasts from Barclays, as Brexit-related uncertainty damages market confidence in the Bank of England (BoE) outlook.
December 12,2018
The Pound-Dollar exchange rate could extend lower as the advantage still lies with the bears we believe. Ultimately, direction in this currency pair will be determined by the outcome of Tuesday's parliamentary vote on the Brexit deal.
December 9,2018
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