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GBP/USD lost ground last week as the Dollar rose on the increasing likelihood the Federal Reserve will raise interest rates in March thus stimulating foreign capital inflows.
March 6,2017
Foreign exchange markets will be focussed on the words of US Federal Reserve Chair Janet Yellen who hits the airwaves at 18:00.
March 3,2017
Pound Sterling has fallen back against the US Dollar as foreign exchange markets continue to place bets on a higher US interest rates being delivered by the US Federal Reserve over the duration of 2017.
March 4,2017
Pound Sterling was one of the worst performing currencies at the start of the new month having fallen sharply against all of the major currencies.
March 3,2017
Assuming a conservative target expectation, it will probably at the very least reach the 1.2770 range highs, which would provide an initial target for the pair.
March 1,2017
The US Dollar was seen stronger at the start of the new month having gained on the back of communication from the US Federal Reserve while US President Trump’s much-anticipated address to a joint session of Congress saw some volatility by ultimately resulted in little net change in the USD.
March 1,2017
The Dollar slipped 0.2% on Tuesday despite the release of data showing the US economy was in good health, as concerns Donald Trump would not deliver on his stimulus promises weighed.
February 28,2017
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