US Dollar and British Pound fade gains against the Euro

The lock-step moves between the Dollar and Pound have meant both have fallen back against the Euro in the wake of the US employment release.

December 3,2016

GBP to USD charts

GBP/USD retains a bullish bias ahead of the weekend but analysts warn upside scope is limited.

December 3,2016

pound to dollar exchange rate 2

The Pound will weaken in uncertainty in the new year, whilst the Dollar will continue its relentless rally despite efforts by the White House to talk it down, says Chief Strategist Chris Turner.

December 2,2016

Pound to Dollar rate outlook

From a chartists point of view the entire Brexit story fits neatly into a GBP-USD narrative of decline, in place since 2008.

November 30,2016

pound sterling exchange rates 1

The Dollar may well rise if important data out this week confirms a positive outlook, whilst Sterling underpinned by economic resilience.

November 29,2016

Exchange rate forecasts Morgan Stanley

Near-term GBP/USD strength projected by Morgan Stanley but a resumption of heavy selling pressures is ultimately forecast over coming months.

November 25,2016

trader exchange rates 3

Donald Trump’s great stimulus flatpack is unlikely to be as great as the promised, but the Dollar will still stay strong anyway, whilst the ‘buried gold’ of Corporate repatriations is unlikely to boost productivity, argue Capital Economics in a sobering note on the outlook for the US economy.

November 24,2016

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