Currency Forecasts

Category: US Dollar


Pound vs US Dollar falls on US/China trade

Pound Vs US dollar

Pound/USD Dollar falls as Dollar strengthens The currency markets were driven yesterday by developments in the ongoing trade dispute between the US and China. Over the weekend the G20 meeting resulted in a softening of trade tensions. There were meetings…

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US dollar weakens on Fed comments

US dollar exchange rates have fallen this afternoon, particularly against the Euro to bring rates below 1.15 for the first time in nearly three months. Movements have been attributed to comments made by Federal Reserve president Raphael Bostic who suggested…

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Sterling rallies on Brexit breakthrough

Sterling has rallied to reach multi year highs against a number of currencies with notable moves being seen against the US dollar, Euro and Australian Dollar.

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GBP/EUR and GBP/USD – What could impact the currency market today?

Following yesterdays spring statement the pound had a relatively strong day posting gains against most of its majors. At its highest GBP/EUR peaked just shy of 1.13, up from last weeks low of 1.1150 and GBP/USD pushed back close to…

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US dollar surge halted

In the past 24 hours we have seen a significant swing for cable (GBP/USD) with the high/low range from 1.4095 to 1.38 or just over a 2% spread. Much of the movement came following yesterday afternoons inflation data which in…

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