The British Pound has lost 1.75% over the course of the past week in what amounts to its worst weekly performance since mid-June, and further losses are likely says one analyst we follow.
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The Dollar ceded ground to the safe-haven Japanese Yen Thursday but otherwise swept the board of all opposition in a rally that has tentatively awarded it the top spot among major currencies for 20…
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The Pound-to-Dollar exchange rate entered the Thursday session on the back foot but having weathered better than many others the Federal Reserve’s revelation that it will likely announce as well as…
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The Pound-to-Dollar rate stabilised above an important level of technical support in the mid-week session but its earlier sell-off earlier has left a bearish picture in its wake on the charts, one …
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When the U.S. Dollar is not benefiting from strong U.S. data it is benefiting from safe haven demand when market sentiment sours, creating something of a win-win environment for the global reserve …
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The Pound-to-Dollar rate was finding a firmer footing above the recently-tested 1.38 support level on entry into a busy week that could see Sterling’s resilience tested again by the greenback as th…
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For currencies, this could only mean further Dollar strength according to a number of investment bank analysts we follow.
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