The Dollar eased lower Monday but analysts are divided as ever on the outlook for the US currency, which will be tested this week by the outcomes of several central bank meetings and stretched institutional positioning that is beginning to tilt against the greenback.
July 30,2018
GBP/USD's trend lower is still intact but lack of momentum raises question-marks, should it manage to break below the 1.2958 lows, however, it is likely to fall to several obstacles in the 1.28s.
July 29,2018
The US Dollar pared earlier gains Friday in a classic "Buy the Rumour, Sell the Fact" response to second-quarter GDP numbers that showed economic growth picking up sharply, although analysts are growing doubtful about the prospect of further outperformance from the world's largest economy in the quarters ahead.
July 31,2018
"Looser monetary conditions are likely to bias towards a weaker CNY. As such, we forecast USD/CNY rising further to 6.95 by end of this year" - UOB.
July 26,2018
Sterling's recent move higher against the Dollar provides bears scope to re-enter short positions. But, a bearish candlestick pattern is awaited to confirm move lower.
July 25,2018
Markets are sceptical that Donald Trump can trigger any material depreciation in the value of the US Dollar following recent attempts to talk the currency lower.
July 24,2018
GBP/USD rebounded strongly on Friday but one strong day doesn't change the trend and a break below last week's lows would signal continued downside. Donald Trump's new 'weak Dollar' policy tipped to dominate in coming week
July 22,2018
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