Uncertainty over who will fill key positions, and the Trump administration’s supposed preference for a weaker Dollar, will probably favour Pound-to-Dollar buyers during the months ahead.
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Sterling vs Dollar sold off almost half a percent on Thursday morning after a variety of factors and news reports eroded confidence in the currency, what now are the next targets lower for th…
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Taken together with the early ISM Manufacturing PMI, the data suggest the impact of hurricanes Harvey and Irma on the US economy may have been less that was previously feared.
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Differing methodologies between how the ADP and BLS nonfarm numbers are counted mean the ADP number should have been relatively unaffected by the recent hurricanes. But it felll by more than 100,00…
Read more … →The Dollar has recoverered from its 1.3658 highs to the mid 1.32s over the past three weeks, but the recovery now looks like it may be running out of steam; we review the key drivers of this pair, …
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The Pound-to-US Dollar is in an uptrend but the price, "seems like it has pulled back a little bit too far, because the price has gone beyond this 10 and 20 moving average buy zone. Which tells me …
Read more … →The market reaction to a strong ISM number was expected to be muted as investors have already priced-in a faster Fed.
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