An interesting trend has just occurred in the foreign exchange markets - traders have turned negative on the US Dollar.
July 10,2017
The number of jobs being created in America continues to rise.
July 8,2017
On Friday 7th July, the US Bureau of Labor Statistics is scheduled to release the June jobs report at 1330 BST. The GBP/USD could be in for some big moves is the data surprises.
July 7,2017
The Dollar Index, a composite of the Dollar versus a basket of currencies, traded higher, and then lower following the release of the Federal Open Market Committee (FOMC) meeting minutes on Wednesday, due to the central bank's mixed messages.
July 6,2017
A major release for the Dollar over the next 24-hours is the Federal Reserve June meeting minutes, out this evening at 19.00 BST; we assess the impact on GBP/USD.
July 5,2017
Markets might have been unduly harsh on the US Dollar of late and a recovery should not be discounted we are told.
July 4,2017
We expect the Pound to Dollar rate to ultiamtely extend its upside bias with the proviso that there is a possibility of a short-term pull-back now that sturdy resistance has been met at the 1.3000 level.
July 2,2017
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