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The US Dollar continues to struggle despite the US Federal Reserve virtually assuring markets of a December interest rate rise.
November 3,2016
The Dollar has weakened by over 1.0% following a late surge in opinion polls supporting Donald Trump after the investigation was reopened into Hillary Clinton’s emails.
November 3,2016
The decisions of the Bank Of England (BOE) and the Federal Reserve will shape the movements of this pair in the week ahead.
November 1,2016
J P Morgan see a risk of a bounce in GBP/USD due to the legal challenge to Brexit currently being deliberated on in the high court, however, a very positive outlook for the USD in the medium term suggests the bounce may not be enduring.
October 25,2016
A more hopeful outlook for a UK and EU trade deal has supported the pound against the dollar, which has itself been strengthening as markets increasingly foresee the Fed raising interest rates in December.
October 25,2016
The Pound pared recent gains at the start of the mid-week session and was seen amongst the worst performers in the Asian session.
October 20,2016
Although broker TD Securities is bearish the pound overall, they nevertheless admit that the currency is at risk a of sudden turnaround wrong-footing short-sellers of the pound.
October 18,2016
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