The pound to dollar exchange rate (GBP/USD) looks intent to maintain a new zone of trade which could dictate trading levels through the remainder of 2014.
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The pound to dollar exchange rate (GBP/USD) fell in mid-week trade on news that US inflation remains supported and the Bank of England is in no rush to raise interest rates.
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The USD’s broad rally has sputtered over the past two weeks and allowed the British pound to stage a recovery.
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Is the US Federal Reserve stepping off the pedal in its race to raising interest rates?
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There is a raging battle between the dollar and pound sterling for the region of 1.600 - we have seen the level broken and regained on numerous occasions this week.
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The tables have finally turned for the under-pressure GBP/USD exchange rate on Wednesday.
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The mighty US dollar rally of 2014 has finally started to show some fatigue. Where does this leave those looking to make currency purchases and enter new trades?
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