Pound-Dollar News Directory

Price charts are showing the Dollar has developed an 'impulse move' which is likely to extend over the long-term, according to David Tablish, founder of Rambus Chartology.

August 15,2018

The Turkish Lira fell to a new record low amid fresh global market turmoil Monday after President Recep Tayyip Erdogan resisted calls to raise interest rates and support a collapsing currency, leading markets to fear that a currency crisis could soon turn into an all-out financial crisis. 

August 13,2018

From a technical perspective the pair is oversold, but in the absence of any strong reversal signs the downtrend remains intact, and therefore likely to continue, albeit probably after a pull-back.

August 12,2018

The Dollar rose broadly Friday after official data showed US inflation hitting a decade high, cementing market expectations for a Federal Reserve interest rate rise in September and providing further incentive for traders to buy the safe-haven greenback, which is benefiting from escalating concerns over the Turkish currency crisis. 

August 10,2018

The Dollar advanced againsts rivals Thursday after producer price data showed US inflation pressures continuing to build in July, adding weight to economist forecasts that rising consumer prices will hold the feet of Federal Reserve officials to a proverbial fire during the quarters ahead. 

August 9,2018

High probability 3-bar pattern sets-up and pints to further declines while other indicators from options market and positioning suggest further downside. There are however also  other indicators warning Sterling may be oversold

August 10,2018