The dollar exchange rate complex will be looking to recover further in the coming week having endured a poor start to February amidst heightened expectations of a US recession.
February 22,2016
The Fed took a stand against pessimism in their last meeting minutes and recent market indicators have responded by pricing in a chance of a November rate hike.
February 19,2016
“USDJPY appears prone to further downside risk without clear catalyst for an improvement in global market sentiment” - Barclays.
February 16,2016
UK inflation data tomorrow, labour market data on Wednesday, retail sales on Friday and an EU Summit with Brexit on the agenda make for a bouncy GBP this weak.
February 16,2016
The US dollar is one of the most overvalued currencies in G10 it is argued, this could aid the GBP to USD conversion higher.
March 2,2016
We were ready to throw the towel in on the GBP to USD conversion’s February recovery noting that price action was confirming it to be a mere bounce in a longer-term downtrend.
February 11,2016
Tuesday's spike in risk aversion sent the yen through the roof as speculators scrambled for their life-rafts.
February 11,2016
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