The Dollar Index hit the ropes Wednesday after coming under pressure from the likes of Pound Sterling and the Euro when Treasury Secretary Steven Mnuchin indicated that Washington lawmakers are close to a deal on a pre-election stimulus package, boosting stock markets and risk currencies alike. 

October 1,2020

Number-crunching and analysis of options markets have allowed foreign exchange strategists at Barclays to arrive at some educated estimates as to how exchange rates might react to the outcome of November's presidential election, an event that is widely expected by the analyst community to trigger notable financial market volatility.

September 30,2020

The Pound-to-Dollar rate was taking a breather on Tuesday following strong gains at the opening the week and ahead of an eagerly-anticipated U.S. election debate, although the downside could be diminishing for Sterling and Brexit risks shifting toward the upside. 

September 29,2020

Technical analysts at Credit Suisse have taken a look at a number of major British Pound exchange rates and identified a number of positive developments that might suggest the UK currency has reached what will effectively prove to be its long time lows.

September 28,2020

The Pound has unravelled amid a recovery of the Dollar but could now resist gravity ahead of this week’s update from Brexit negotiators, although the first U.S. election debate and European coronavirus situation could easily pull the rug from under Sterling mid-week.

September 27,2020

The Pound advanced on a resurgent Dollar Wednesday, helping Sterling higher against major rivals amid claims of progress in the Brexit trade talks, suggestions that any eventual agreement could come with an “implementation” period and government promises of increased investment spending. 

September 23,2020