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
GBP/USD uptrend remains intact on balance despite recent weakness but a break above 50-day MA required to signal continuation higher. The main calendar event for Sterling is Bank of England meeting and for the Dollar it's inflation data
September 9,2018
The Dollar edged rose broadly Friday as traders responded to a better-than-expected nonfarm payrolls report for August, and a surprisingly strong set of wage numbers, while markets wait with baited breath to hear of whether President Donald Trump will go ahead with a second round of tariffs on a much larger portion of China's exports to the US.
September 7,2018
If the 'wisdom of crowds' is anything to go by then traders should be buying the Pound, as a recent poll of experts sees Sterling rising against both the Euro and the US Dollar in the coming year.
September 7,2018
The Dollar is showing a growing immunity to positive data, markets will meanwhile be watching the currency's response to global risk appetite as Donald Trump escalates the US-China tariff war.
September 7,2018
The US Dollar is finding a bid for the fourth successive day on emerging market jitters and trade war fears which are prompting massive outflows from emerging market assets into safer US treasury bonds.
September 5,2018
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