The US Dollar rose across the board during the morning session in London Thursday as markets responded to the latest Federal Open Market Committee meeting minutes, which showed policymakers growing more confident in the US economic outlook and contemplating a shift to a more aggressive stance on interest rates over the coming quarters.
April 12,2018
Technical analyst Karen Jones at Commerzbank's London offices notes GBP/USD is reaching "the top of its converging range," today located at 1.4216.
April 12,2018
Champagne corks could be heard popping in Washington today after data showed US inflation finally clawed its way back above a landmark level.
April 11,2018
Pound Sterling is likely to continue its Northward climb against the US Dollar over coming weeks and months, according to strategists, some of whom are advocating that clients now buy the currency pair "on dips".
April 11,2018
The US Dollar is likely to gain support if the American government continues its preference for taking out longer-term loans.
April 10,2018
The US Dollar could draw a sizeable boost over the next two months, according to strategists at Bank of America Merrill Lynch, as companies begin to repatriate their accumulated offshore earnings back to the US in response to President Donald Trump’s tax reforms.
April 9,2018
Pound Sterling might have reached a turning point against the Dollar, according to Simon Derrick, chief currency strategist at BNY Mellon.
April 9,2018
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