05 May 2017 Dollar Weakens After Labour Report Shows Slowdown in Wage Growth

 The number of people gaining employment in the US rose by a higher-than-expected 211k in April according to a report from the Bureau of Labour Statistics,

Read more … →
05 May 2017 Charts Warn Losses for Pound / Dollar Exchange Rate Look Likely

GBP/USD is looking increasingly top-heavy warns a noted technical analyst we follow.

Read more … →
04 May 2017 US Dollar to Continue "March Higher" as Markets now 94% Certain on June Interest Rate Rise

Money markets are now pricing in a 93% chance of an interest rate hike at the Fed in June.

Read more … →
03 May 2017 Natixis: Outlook for GBP/USD “Extremely Favourable”

Having put in a commanding performance against the US Dollar in April those with an eye on the foreign exchange market place will be questioning if the Pound can do the same in May.

Read more … →
01 May 2017 US Dollar Weakens after US Data Disappoints

The USD Index dipped 0.08% after the release of manufacturing and inflation data which undershot expectations on Monday.

Read more … →
01 May 2017 June Rate Hike at the Fed is Still Very Much On the Table, Says Nordea

Fears that the Federal Reserve (Fed) could scrap plans to raise interest rates by a quarter of a percent in June are exaggerated, says Nordea Bank’s Johnny Bo Jakobsen, in a note seen by Pound Ster…

Read more … →
30 April 2017 Forecast for the Pound / Dollar Rate in the Coming Week

GBP/USD has broken out of its previous range and run up to the 1.2950s, following Theresa May’s calling of a snap general election in June.

Read more … →