The Pound to Dollar has risen up to the 50-day moving average at 1.2969 and then pulled back under heavy selling pressure into Friday's close after the Dollar made a strong comeback after the release of August Payrolls.
September 4,2017
The USD/CHF is showing signs of rebounding in line with most Dollar-based pairs, and following the general pattern of the Dollar's current, potential, 'renaissance'.
September 1,2017
The US Dollar remained broadly unchanged after the release of inflation data on Thursday, which showed personal consumption (PCE) rose by 0.1% month-on-month in July and 1.4% year-on-year (YoY).
September 1,2017
US second quarter GDP was revised sharply higher, to 3.0%, while the ADP jobs count surged - continuing a run of positive surprises for the dollar.
August 30,2017
The Pound to Dollar exchange rate was in the process of falling until it stationed on August 24, reversed and then started moving higher - which it has continued to do ever since.
August 30,2017
Stronger-than-forecast economic data has halted the fall in the Dollar and prompted some to expect that the Federal Reserve remains on the front-foot; something those betting against the Dollar might not fully appreciate.
August 30,2017
August 29,2017
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