The US Dollar took a dive Friday after Jerome Powell used a speech in Jackson Hole, Wyoming to hint at a possible slowdown in the pace of Federal Reserve rate hikes once into 2019.
August 25,2018
The US Dollar rose into the Thursday session as financial markets shifted into "risk-off" mode ahead of planned talks between White House trade representatives and Chinese officials, which saw both the Pound and Euro fall relative to the greenback, while the Australian Dollar also came under pressure.
August 24,2018
The Pound-to-Dollar rate is at an inflection point after attempting to penetrate the downward sloping trendline running from its April peak, and signals from the charts are mixed.
August 22,2018
The US Dollar rose a fraction during early trading, placing the Pound and Euro under pressure, although the move was not enough to offset losses wracked up overnight when two of President Donald Trump's allies either pleaded guilty to, or were convicted of campaign finance violations.
August 22,2018
The Dollar fell Tuesday after President Donald Trump lashed out at the Federal Reserve for its recent approach to US monetary policy, which enabled other currencies to get the better of the greenback in the overnight session.
August 21,2018
The US Dollar is now at an inflection point after bets on the greenback reached a near-three year high last week and as markets look to US-China trade talks in Washington and the Jackson Hole symposium later this week for a steer on the likely direction of the currency for the weeks ahead.
August 20,2018
The GBP/USD exchange rate has recovered since hitting lows in the 1.26 region last week but continued fears of a 'no-deal' Brexit and general US Dollar strength are likely to weigh on the currency pair again during the week ahead.
August 20,2018
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