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U.S. President Donald Trump caught the attention of global foreign exchange markets on Tuesday, April 17 after he accused both Russia and China of playing "the currency devaluation game" with the supposed intention of making their exports more competitive on international markets, at the expense of the U.S.
April 17,2018
The Pound-to-Dollar exchange rate hit its best levels against the US Dollar at 1.4354 on Tuesday April 17, which represents the strongest rate since the EU referendum of June 2016.
April 17,2018
The US Dollar pared back its earlier losses during noon trading Monday after the latest volley of US retail sales data showed consumer spending rising faster than was expected during the month of March.
April 16,2018
The GBP/USD pair ended the week on a strong note trading near its 2018 highs at 1.4235, will sterling continue rallying the week to come?
April 16,2018
GBP/USD is attempting to punch through a major level on the chart which has prevented upside progress in the past.
April 13,2018
The US Dollar rose across the board during the morning session in London Thursday as markets responded to the latest Federal Open Market Committee meeting minutes, which showed policymakers growing more confident in the US economic outlook and contemplating a shift to a more aggressive stance on interest rates over the coming quarters.
April 12,2018
Technical analyst Karen Jones at Commerzbank's London offices notes GBP/USD is reaching "the top of its converging range," today located at 1.4216.
April 12,2018
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