In an historic week for the UK economy and its currency, Theresa May has delivered the UK exit letter to her European Union colleagues, officially starting the Brexit process today.
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Today sees the triggering of Article 50 of the Lisbon Treaty and the start of the United Kingdom’s march towards an exit of the European Union; Pound Sterling Live are presenting the contrasting vi…
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Dollar bulls clinging to the hope that USD will turn around in the next month after the Trump deflation decline or those poised to buy the currency at a discount may be in for a disappointment, arg…
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The failure of the Trump administration to repeal the Affordable Care Act has led to a further weakening of the US Dollar with many in the foreign exchange market starting to draw the inevitable co…
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Article 50 is triggered this week and politics takes centre stage for foreign exchange markets once again.
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USD weakness characterises foreign exchange market trade at the start of the new week following the failed passage of the US healthcare bill through the US Congress on Friday, March 24.
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We would wish to see confirmation from a move above Thursday’s highs at 1.2532 before forecasting more upside in GBP/USD.
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