Pound to Dollar week ahead

GBP/USD remains in a short-term uptrend and a break of the previous week's highs will provide green-light for bulls. Brexit and inflation data dominate Sterling's calendar this week, while for the Dollar Trump's trade crusade will be the key driver.

September 16,2018

The Dollar strengthened Friday after U.S. retail sales surprised on the downside for August, in what appeared to be a classic sign of risk-aversion, as analysts contemplate what the numbers mean for the economic outlook.

September 14,2018

Foreign exchange trader

"The market is now decisively above $1.3000 and is now having a look at the late July resistance $1.3170" - Richard Perry, Hantec Markets.

September 14,2018

The Dollar handed back previous gains to be seen swathed in red Thursday after inflation data surprised on the downside for August, reinforcing an earlier downward bias arising from signs of a fresh detente in the US "trade war" with China.

September 13,2018

Donald Trump

A decision on latest tariffs could come today and with looming mid-term there is a good chance Trump will keep trade war fires burning for the foreseeable future.

September 12,2018

British Pound looking more constructive

Foreign exchange strategists are increasingly of the belief that the current recovery in the Pound might extend further, "this is a recovery that is building nicely now" says Richard Perry, an analyst with Hantec Markets.

September 11,2018

The US Dollar is poised for a strong finish to 2018 because a perfect storm of supportive conditions is gathering overahead as the November midterm elections approach, which some analysts say will place "pro-cyclical currencies" under continued pressure in coming months, enabling the greenback to hold some of its recent gains for New Year. 

September 10,2018

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