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Sterling steadies around $1.39 after best run since 2014 "With speculative long positioning close to multi-year extremes, we advise against chasing the currency higher. If anything, we remain of the view that the currency is trading in overbought territory," said Credit Agricole currency strategists Manuel Oliveri. Sterling traded flat at $1.3907 on Monday, close to ...
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Euro-to-Dollar Rate Forecast for the Week Ahead A pause in the EUR/USD uptrend may extend in the coming week as neither currency presents an attractive buy option due to substantial overhanging risks. Whilst downside pressure on the Dollar is likely to mount after the US government had to shut down from lack of funds, Euro bulls may not be in a ...
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