The conditions for a continuation of the Dollar rally remain intact, says Goldman Sachs.
August 23,2021
The Pound-to-Dollar exchange rate entered the new week near 2021 lows but could be aided back onto its feet over the coming days.
August 23,2021
The British Pound has lost 1.75% over the course of the past week in what amounts to its worst weekly performance since mid-June, and further losses are likely says one analyst we follow.
August 20,2021
The Dollar ceded ground to the safe-haven Japanese Yen Thursday but otherwise swept the board of all opposition in a rally that has tentatively awarded it the top spot among major currencies for 2021, although it remains to be seen if the greenback can continue to hold the coveted mantle.
August 19,2021
The Pound-to-Dollar exchange rate entered the Thursday session on the back foot but having weathered better than many others the Federal Reserve’s revelation that it will likely announce as well as commence a tapering of its quantitative easing programme before year-end, triggering a rally by the Dollar in response.
August 19,2021
The Pound-to-Dollar rate stabilised above an important level of technical support in the mid-week session but its earlier sell-off earlier has left a bearish picture in its wake on the charts, one which renders Sterling vulnerable to fresh losses without a relent from a recently resurgent greenback.
August 18,2021
When the U.S. Dollar is not benefiting from strong U.S. data it is benefiting from safe haven demand when market sentiment sours, creating something of a win-win environment for the global reserve currency.
August 18,2021
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