The USD/JPY has been rising sharply since a run of positive data and remarks from Federal reserve officials all but sealed the chances of the Fed increasing interest rates at their March 15 meeting.
March 10,2017
The US Dollar weakened in the aftermath of the long-awaited US labour report on Friday as salaries disappointed.
March 10,2017
GBP/USD is moving lower as Sterling starts to unravel following the Chancellor’s budget speech on Wednesday.
March 10,2017
GBP/USD is in a short-term downtrend on the four-hour chart which may take it down to support at the S2 monthly pivot at 1.2120.
March 9,2017
The Pound to Dollar exchange rate, or “Cable” as it is known amongst traders, is vastly overvalued and therefore a prime candidate for selling, says J P Morgan strategist Paul Meggyesi in a recent note seen by Pound Sterling Live.
March 7,2017
GBP/USD lost ground last week as the Dollar rose on the increasing likelihood the Federal Reserve will raise interest rates in March thus stimulating foreign capital inflows.
March 6,2017
Foreign exchange markets will be focussed on the words of US Federal Reserve Chair Janet Yellen who hits the airwaves at 18:00.
March 3,2017
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