Pound Strengthens as BoE Deviates from Negative RatesForex

Pound Strengthens as BoE Deviates from Negative Rates

The pound managed to gain some leverage as the Bank of England dismisses forecasts on negative interest rates.   Similarly,…

US Treasury Yields Continues to Buoy the DollarForex

US Treasury Yields Continues to Buoy the Dollar

The US treasury yields remain the biggest supporter of the dollar.   The greenback crawled back to the center stage…

Dollar Flexes with Risk-off Sentiment on Center StageForex

Dollar Flexes with Risk-off Sentiment on Center Stage

The US dollar bounces off previous losses incurred since last week with risk-off sentiment slowly occupying the center stage.  …

Dollar Opens the Week with Hike, Index Back at 90Forex

Dollar Opens the Week with Hike, Index Back at 90

The dollar is back to the 90-point territory as it extends last week’s gains, buoyed by a strong performance of…

Dollar Regains Previous Losses with a Conservative HikeForex

Dollar Regains Previous Losses with a Conservative Hike

With the treasury yield trudging higher, the dollar made a conservative hike to end the week with gains.   The…

US Dollar Hovers over a Three-Year Low with Blue WaveForex

US Dollar Hovers over a Three-Year Low with Blue Wave

The unprecedented “blue wave” in the Georgia runoff elections sent the dollar to another multi-year low.   The USD index,…

Dollar Reverts Early Gains with Democrats’ Current LeadForex

Dollar Reverts Early Gains with Democrats’ Current Lead

The control in the senate remains the determinant of the market’s pulse on Biden administration.   In the latest update,…

Pound Under Pressure, England Heads for its Third LockdownForex

Pound Under Pressure, England Heads for its Third Lockdown

Pound releases off some steam as England gears for its third nationwide lockdown amid the rising number of infections.  …

Risk Sentiment Drags the Dollar Lower Over the New YearForex

Risk Sentiment Drags the Dollar Lower Over the New Year

The start of the new year renewed investors’ confidence on the swifter path towards economic recovery.   This assumption is…

GBP/USD Forecast Dec. 28-Jan. 1 2021, Brexit is Finally DoneForex

GBP/USD Forecast Dec. 28-Jan. 1 2021, Brexit is Finally Done

GBP/USD posted sharp losses but then recovered. It was a roller-coaster week for the pair, the upcoming week has just…