Sterling has fallen sharply against the Dollar in the last week after the Brexit negotiations hit another road block, but the worst is still to come according to economists at Capital Economics, who are warning that the Pound-to-Dollar rate is headed south for the winter.
October 23,2018
The Dollar is likely to remain on its front foot over coming weeks as the midterm election draws closer, but the trajectory of the greenback into year-end and beyond will depend heavily on the outcome of the vote, according to multiple analysts.
October 22,2018
The GBP/USD rate is currently trading within a sideways range between a 1.2930 floor and a 1.3290 ceiling high, and it is likely to continue oscillating within that range in the week ahead.
October 21,2018
The Pound has handed back all of its October gains over the Dollar heading into the weekend after the Brexit negotiations appeared to hit another roadblock.
October 19,2018
The Pound-to-Dollar rate could benefit from the Federal Reserve's (Fed) push to raise its interest rate above the "neutral" level in the year ahead, because analysts are saying such a move will be a bitter pill for the U.S. greenback to swallow.
October 18,2018
Investors are beginning to favour alternative safe-haven currencies such as the Yen and Swiss Franc rather than the U.S. Dollar, according to analysts at Rabobank.
October 18,2018
The high cost of hedging FX positions in the U.S. is leading many foreign bond investors to ditch their U.S. treasuries and seek better returns overseas.
October 18,2018
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