GBP/USD closed above a key trendline and chart studies suggest the pair could go higher but Sterling faces volatile week dominated by a crunch E.U. summit while the USD will need inflation data to come out on the strong side this week if it is to retain its broader dominance.
October 8,2018
The Dollar strengthened Friday after official data showed the U.S. unemployment rate declining to a new multi-decade low while wages continue to grow at a healthy clip in September, which is significant for Federal Reserve (Fed) policy.
October 5,2018
The Pound has been volatile of late and this has made it hard to trade, according to foreing exchange dealers at banking giant UBS, who are advocating that clients buy the British currency on dips.
October 5,2018
Dollar is set to make new highs according to the charts with Elliot wave analysis suggest new impulse higher starting. But fundamental strategists remain unconvinced the Dollar can rally much further.
October 4,2018
The Pound fell back to its September lows against the U.S. Dollar Thursday after Federal Reserve (Fed) chairman Jerome Powell appeared to hint that interest rates could rise higher than many give the central bank credit for, but the rebound may not last for long.
October 4,2018
The Dollar will be vulnerable to losses and America's stock market could suffer a setback if the opposition Democratic Party takes the House of Representatives in November's midterm elections, according to analysts at BNP Paribas.
October 3,2018
The Pound-to-Dollar exchange rate could well reach 1.40 by the end of the year, says ING, in what might appear to be a bold forecast for the pair considering the pair's recent decline below 1.30 over the past 24 hours.
October 2,2018
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