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The British pound (GBP) continues to feel the pressure as the US dollar exchange rate complex (USD) continues to tear higher.
August 1,2014
The pound sterling (GBP/USD) continues to struggle against the US dollar on the global currency markets. However, the new month brings with it new opportunities for either sides of the equation as fresh data releases are due.
The UK Markit PMI series will be closely watched while the US Non-Farm Payrolls will form the highlight in the United States.
August 1,2014
An eventful week for the dollar exchange rate complex (USD) is well underway in the mid-week session with Gross Domestic Product (Q2) coming in at 4%, well ahead of the expectation for a reading of 3%.
July 30,2014
Euro Rate Today: The euro dollar rate (EUR/USD) has declined this week and in the process delivered the best levels for US dollar sellers in 8 months.
The euro to pound exchange rate (EUR/GBP) is meanwhile recovering from 2 year lows, those looking to buy the euro with sterling should be aware that we could be entering a period of short-term euro strength.
July 25,2014
The pound to dollar exchange rate remains under pressure as demand for the safe-haven qualities of the USD dominate currency markets at present.
Sentiment towards the pound sterling (GBP) meanwhile remains soft at present with a consensus that the currency is due for a period of soft trading following a recent strong run.
July 25,2014
The latest pound dollar exchange rate predictions suggest that the broader uptrend the pair has been enjoying for much of 2014 could be due a pause.
July 24,2014
Research conducted by analysts at BMO Capital have forecast that the euro exchange rate (EUR) complex will likely rise in coming months, a relief to those hoping for a higher shared currency, particularly in light of the current EUR-negative conditions we are witnessing.
July 23,2014
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.