The pound to dollar exchange rate has been in a strong down-trend but the positive services data this morning has somewhat halted the decline, at least temporarily.
December 3,2015
The USD has reacted positively to recent US economic data ensuring it holds the upper hand against sterling.
November 27,2015
While the balance of risks remain skewed towards British pound downside we hear traders would be wrong to blindly chase the US dollar lower.
November 25,2015
US Dollar appreciation has recently started to falter with the GBP to USD conversion bouncing from just above 1.5040 back to 1.53.
November 22,2015
Yes, you read that headline right. There are some forecasters out there who do not give 2016 to the US dollar.
November 21,2015
The short term consolidation seen over the past few trading days has led to a quick loss in downward momentum for the sterling to dollar rate.
November 19,2015
The British pound has kept alive its advance against the US dollar on the back of disappointing US retail sales.
November 15,2015
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