While the balance of risks remain skewed towards British pound downside we hear traders would be wrong to blindly chase the US dollar lower.
Read more … →US Dollar appreciation has recently started to falter with the GBP to USD conversion bouncing from just above 1.5040 back to 1.53.
Read more … →Yes, you read that headline right. There are some forecasters out there who do not give 2016 to the US dollar.
Read more … →The short term consolidation seen over the past few trading days has led to a quick loss in downward momentum for the sterling to dollar rate.
Read more … →The British pound has kept alive its advance against the US dollar on the back of disappointing US retail sales.
Read more … →U.S. Dollar buying interest remains the predominant technical influence with several notable range-breaks being witnessed in recent days.
Read more … →The British pound did not escape the heat of a rapidly advancing US dollar exchange rate complex on Friday the 6th of November.
Read more … →