The GBP/USD pair has reached a critical inflection point in the trend where a resumption of the short-term higher is favoured, but there is also a possibility of a break lower.
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Read more … →Trump’s pro-America stance may not extend to its currency, says CIBC Stratgist Bipan Rai, who foresees the President trying to keep the currency down during his tenure.
Read more … →We are witnessing the final kicks in the US Dollar’s ascendency argue economists at a leading Canadian investment bank.
Read more … →"The US Dollar has one more near-term bout of strength left in it, but after Q1 the currency will underperform."
Read more … →Cable has extended its uptrend and is in the process of forming what could be a high probability continuation pattern which could signal even more upside into the 1.27s.
Read more … →The GBP/USD exchange rate trades at 1.2571 and is the best-performing currency in the G10 space.
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