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 D…
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The Pound pared recent gains at the start of the mid-week session and was seen amongst the worst performers in the Asian session.
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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.
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As expectations that interest rates in the US will be raised firm, the pound looks the more likely to weaken – but how much lower can it go?
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Fat finger Friday causes the bank to reconsider its end of 2016 and 2017 targets for the currency pair.
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Strategists at Credit Suisse have revised up their targets for the Peso versus the dollar as a result of easing political risks in the US after Donald Trump’s chances of reaching the White House ha…
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The dollar rose across the board on Tuesday, with the Dollar Index showing a 0.60% rise after commentary from Chicago Federal Reserve’s Charles Evans increased bets of a December rate hike.
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