The Pound-to-Dollar exchange rate was recovering off two-month lows ahead of the weekend but could be likely to extend this move further over the coming days as international markets stabilise and the U.S. Dollar becomes more selective in its appreciation.
March 28,2021
The Dollar can continue to advance against the Euro and British Pound say foreign exchange analysts at Bank of America in a research briefing to clients, noting that a period of U.S. economic outperformance and Dollar "exceptionalism" is not going to evaporate in the foreseeable future.
March 25,2021
The Lira was under pressure Tuesday as the Dollar rose, risk assets tipped lower and the Turkish unit was penalised for Ankara's intervention at the Central Bank of the Republic of Turkey (CBRT), which threatens a new crisis and has seen Commerzbank raise its USD/TRY forecast to 10.00.
March 23,2021
"Will the USD strengthen further in the coming weeks?" Is a question clients are regularly asking of Manpreet Gill, Head of FICC Investment Strategy at Standard Chartered.
March 23,2021
The Dollar is being tipped to remain supported by foreign exchange analysts at Barclays who say the U.S. administration of Joe Biden will open the spending taps even wider over coming months.
March 22,2021
The Pound-to-Dollar exchange rate was dealt a setback last week but remains well supported on the charts while the UK's economic blessings continue to make a compelling case for further gains back to and above the 1.40 threshold as central bank policy divergences come to dominate the currency market agenda.
March 21,2021
The Dollar almost cleared from the market the last semblances of resistance to its resurgence on Friday when besting all other major currencies, after the Federal Reserve (Fed) called time on an almost year-long reprieve from some of the onerous capital requirements typically imposed on commercial banks.
March 19,2021
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