Foreign exchange markets will be focussed on the words of US Federal Reserve Chair Janet Yellen who hits the airwaves at 18:00.
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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 …
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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.
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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.
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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 s…
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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.
Read more … →The Pound to Dollar exchange rate recovered through the course of Monday, February 27 as markets geared up for some major fiscal policy announcements from US President Donald Trump due to be announ…
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