Goldman Sachs have have this week told clients they are expecting a continuation of recent U.S. Dollar depreciation to occur in 2021, given that it is still "meaningfully overvalued."
August 24,2022
Setting the critically fundamental issue of a post-Brexit trade deal aside, what is the technical market setup suggesting the future holds for the Pound-to-Dollar exchange rate?
November 19,2020
The Dollar Index was said to be on the verge of another leg lower on Wednesday as the S&P 500 threatened to break its September highs, but with political acrimony returning the European continent and a key Brexit deadline looming, the greenback could yet be kept from new 2020 lows.
November 18,2020
Biotech company Moderna on Monday announced its covid-19 vaccine candidate has proven to be more than 95% effective in preventing the various in stage 3 trials, but for markets the news is perhaps not as much of a game changer given Pfizer breakthrough, according to analysts.
November 16,2020
The Pound-to-Dollar exchange rate enters the new week near September highs but in a position of vulnerability as the charts warn of a correction lower and the Brexit trade talks look set to go down to the wire.
November 16,2020
Has the Dollar's reaction function to risk been flipped by this week's vaccine news? Financial market price action in the wake of news of a potentially successful covid-19 vaccine from Pfizer, and subsequent news from Moderna, suggests that instead of being a loser amidst an air of improved investor expectations, the Dollar could be a winner.
November 12,2020
Pfizer have announced their vaccine candidate is 90% effective, news that sent investors rushing into stocks as a trifecta of positives met the investment community at the start of the new week.
November 13,2020
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