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The US dollar (USD) is on the front-foot against both the euro and British pound (GBP) at the present time, however forecasts suggest strength in the USD is likely to wane.
July 18,2014
The US dollar (USD) exchange rate complex has strengthened through the last half of the week following a strong showing in the much-watched US Non-Farm Payroll data series which confirmed the US economy is creating jobs at the fastest rate in years.
July 4,2014
The US dollar (USD) received a boost against the British pound (GBP) on the exchange rate markets during this week's Thursday session on the release of better-than-expected US employment data.
July 4,2014
The outlook for the British pound (GBP) remains positive with traders calling time on the recent profit-taking action which saw fresh weakness push the currency lower. The euro is meanwhile tipped to advance as positive momentum returns after a recent period of weakness. However, it appears data in the US is picking up and we could witness a slow recovery in the USD family.
July 3,2014
The latest pound dollar rate forecasts confirm that the British pound (GBP) retains an upside bias in the longer- to medium-term.
June 25,2014
A strong week for the pound sterling (GBP) has seen it hit five year highs against the US dollar with 18 month highs being witnessed against the euro.
June 24,2014
The British pound (GBP) returned to winning ways late in the Thursday session as buyers stepped into the markets to pick up sterling after a two days of soft trading.
The pound dollar rate has advanced on news that the US Fed is not willing to take fresh steps in cutting back its tapering programme.
June 20,2014
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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.