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The main release for the Dollar is inflation data on Friday, whilst for the Pound it is trade balance and GDP estimates on Wednesday; charts are warning that prices have just hit a major ceiling and could be knocked back temporarily.
January 7,2018
Official US government employment figures showed the US economy created only 148k jobs in December, which was fewer than the 190k consensus expectation, data from the Bureau of Labour statistics showed on Friday.
January 5,2018
The GBP/USD exchange rate is presently toying with a major band of resistance which could thwart the ongoing uptrend; but a number of analysts believe a break higher will ultimately occur.
January 4,2018
The Dollar failed to gain traction or fall after the release of the minutes from the December policy meeting of the Federal Reserve showed the expected spread of views, giving no cause for expecting a change in policy on the horizon.
January 4,2018
The Pound-to-Dollar exchange rate is rising as a result of global growth eclipsing US dominance and chart patterns suggest the rise may continue.
January 3,2018
The US Dollar is forecast to weaken in 2018 as a build up in foreign-owned US liabilities; a catching up of the rest of the world with the US and dampened inflation expectations are some of the factors likely to weigh.
January 2,2018
The Dollar is giving ground at the beginning of 2018 but analysts are divided in their opinions as to what might be causing it.
January 3,2018
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