Looking at the Pound-to-Dollar exchange rate we note how the lower timeframe charts are showing a risk of a bullish break higher but the bigger picture still looks bearish, and, ultimately, it may come down to what happens at key battle ground levels will determine which way the market eventually plays out.
October 11,2017
Federal Reserver officials are again second guessing what they know about inflation-drivers but, nonetheless, are still seen pushing ahead with a rate increase in December and as many as four hikes in 2018.
October 12,2017
Relentless buying of Sterling on the futures market could be indicative of positive underpinning strength in the currency argues Kathleen Brooks, a foreign exchange analyst with retail trading providers City Index.
October 10,2017
The Pound-to-US Dollar is forecast to continue declining as analysts hold a bullish view of the Dollar following recent strong wage and service sector activity data.
October 9,2017
Although US Non-Farm Payrolls (NFPs) showed a shock fall of -33k in September a strong rise in wages and fall in overall unemployment boosted the Dollar after the release.
October 7,2017
Uncertainty over who will fill key positions, and the Trump administration’s supposed preference for a weaker Dollar, will probably favour Pound-to-Dollar buyers during the months ahead.
October 6,2017
Sterling vs Dollar sold off almost half a percent on Thursday morning after a variety of factors and news reports eroded confidence in the currency, what now are the next targets lower for the pair?
October 6,2017
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