We consider the latest views concerning the pound and US dollar in the wake of the ructions that hit markets following the release of June’s US Employment Situation report.
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The US dollar exchange rate complex is under sustained selling pressure right across the board following the release of worse-than-expected employment data out of the United States.
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The dollar is in control on the eve of the new month and they big question facing currency watchers is whether June will be as kind to the USD as was May.
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With evidence mounting that the Remain camp is gaining advantage in the battle for the UK public’s allegiance ahead of the 23rd June vote we have noted the pound stage an impressive short-covering …
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Pound sterling retains a positive bias on global foreign exchange markets with a halt in the advance of US real yields halting the broad-based dollar strength we have become increasingly familiar w…
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Expectations concerning impending interest rate rises at the US Federal Reserve are forecast to keep the US dollar supported, however this support will ultimately prove temporary.
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Pound sterling has been seen correcting lower having hit overbought conditions over the past few trading sessions but the currency pair could suffer even deeper declines suggests a new analysis.
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