Dollar resumes weakness after China showed it won't yield to U.S. pressure on trade.
Dollar Relief After Trump Relents
- Category: USD
A definite softening in the U.S. administration's position is detected.
Sell Dollars says Soc Gen's Juckes
- Category: USD
"A significant dollar fall" is on the cards, says veteran FX analyst.
The Pound to Dollar exchange rate climbed to new six-month highs to open the new week and could be set to rise further, although there is now a significant technical resistance level looming almost immediately overhead of the market, which could temper the rally somewhat in the days ahead.