The Dollar is likely to correct downwards against a basket of currencies before year-end, according to technical analysts at Bank of America Merrill Lynch, who've warned the U.S. currency could be in for "much more pain" if a key level of support gives way over the coming months.
November 9,2018
"GBP/USD looks mostly neutral in short term," say brokers XM.
November 9,2018
The Dollar extended its rebound from an earlier election-induced slump Thursday after the Federal Reserve (Fed) signalled that it will continue with its plan to raise U.S. interest rates during the months ahead.
November 9,2018
The U.S. Dollar will probably continue rallying for several more years according to an analyst with J.P. Morgan who sniffs a potential U.S. recession within two years.
November 8,2018
The U.S. Dollar was forced onto its back foot Wednesday after the opposition Democratic Party captured the House of Representatives in the midterm elections.
November 8,2018
"I think the markets will have to look at the Dollar peeking at some stage. I don't think we are there at the moment." - Natwest Markets' Mohi-Uddin.
November 7,2018
The Pound is still likely to rise against the U.S. Dollar over coming months but the path higher is shallower than before, according to analysts at MUFG, who have downgraded their forecasts for Sterling at the start of the November month.
November 5,2018
Page 227 of 377
