The Pound-to-US-Dollar rate is likely to rise strongly in coming weeks and months as it enters a new cycle higher, according to Alex Geuta, an Elliot Wave expert at currency broker Liteforex.
July 18,2018
The US Dollar steadied during noon trading Monday following a morning of steep losses after Census Bureau data showed retail sales rising faster than was expected in June, suggesting a continued robust performance from the US economy during the second-quarter.
July 16,2018
Thursday sees large option expiries which could impact the exchange rate, most of the largest expiries below the current exchange indicating a possible bearish bias.
July 16,2018
- Despite some bullish signs trend down remains intact
- Break below 1.2975 required for confirmation lower
- Main event for UK is still Brexit machinations; for US Dollar Chairman Powell's testimony
July 15,2018
We look at a number of indicators which suggest the Dollar's run higher is not yet complete.
July 13,2018
The US Dollar pared gains and then slipped lower Thursday as traders responded to a mixed set of June inflation figures while maintaining a steady bid for the currency as President Donald Trump attends the latest North Atlantic Treaty Organization (NATO) summit amid heightened tensions over international trade.
July 12,2018
A chart is raising eyebrows in economist circles as it suggests President Trump's decision to slap import tariffs on another $200bn of Chinese goods will start to increase shop prices and the cost of living for everyday Americans by rolling back years of advances in affordability brought about by globalisation and free trade.
July 11,2018
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