The US Dollar strengthened during noon trading Monday after the latest ISM Manufacuring PMI survey suggested the US widened its lead over the rest-of-world economy during June, refocusing the market's attention back on divergence between monetary policies across the world's largest economies.
July 2,2018
Technical studies suggest the prospect of short-term gains in GBP/USD. Watch service sector PMI out of the UK mid-week for guidance on Sterling while manufacturing and employment data dominate the USD's calendar this week.
July 1,2018
An update from global banking giant Standard Chartered suggests the Dollar's current bout of strength should still be viewed as a shorter-term phenomenon.
June 29,2018
The Pound-to-Dollar rate fell to a fresh 2018 low Thursday as currency traders bid the greenback higher ahead of a Friday decision from the White House over the shape of investment restrictions to be imposed on China, which will mark the latest salvo in the so called "trade war" between the US and some of its economic rivals.
June 28,2018
The US Dollar can continue to reign supreme over its international rivals during the summer months, according to strategists at Bank of America Merril Lynch, who argue that still-superior levels of economic growth and market jitters over a global "trade war" will help the greenback extend its two-month rally.
June 27,2018
The US Dollar is at risk of losing its coveted status as a "safe haven" currency if tensions with China and the European Union boil over into a full blown "trade war", according to strategists at ING Group, who are arguing the greenback will increasingly lose ground to current account surplus currencies like the Euro and Japanese Yen.
June 26,2018
Strategists with Citi - the world's largest dealer of foreign exchange - have confirmed they believe the longer-term outlook for the Dollar remains negative.
June 25,2018
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