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Currency News - USD

GBP/USD continues to hold above $1.28.

Written by Arron Morris on Thursday, April 20, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Written by Arron Morris Senior Currency Broker T: 01442 892 065 The GBP/USD cross looks set to close above $1.28 after the latest round of U.S. business activity and jobless claims failed to help the dollar this afternoon. Both pieces of data have left investors feeling short changed, and has done little to increase confidence…(read more)

General election announcement causes the pound to rise.

Written by Arron Morris on Tuesday, April 18, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Written by Arron Morris Senior Currency Broker T: 01442 892 065 Today has seen the pound rise around two per cent against the US dollar, leaving the GBP/USD cross trading at its highest level since early October. The pound received a welcome boost following Theresa May’s surprise announcement of a general election, which will be…(read more)

GBP/USD exchange rate keeps climbing

Written by Arron Morris on Thursday, April 13, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Written by Arron Morris Senior Currency Broker T: 01442 892 065 The GBP/USD cross rose to $1.2573 this morning, its highest level since 27th March following comments from President Donald Trump. Trump told the Wall Street Journal that the U.S dollar “is getting too strong” and that he would like Janet Yellen and the Federal…(read more)

GBP/USD pushes back towards $1.25

Written by Arron Morris on Tuesday, April 11, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Written by Arron Morris Senior Currency Broker T: 01442 892 065 This afternoon has seen the pound rise against the dollar, with the currency pair rising from $1.2410 to $1.2490. Earlier today the office of National Statistics released the latest UK inflation reading, with the figure coming in unchanged at 2.3%. The data did little…(read more)

GBP/USD holds firm after Theresa May triggers Article 50.

Written by Arron Morris on Wednesday, March 29, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Written by Arron Morris Senior Currency Broker T: 01442 892 065 After dropping around two cents since Monday, the pound has actually risen against the dollar since UK Prime Minister Theresa May invoked Article 50 at 1230 BST. The majority of forecasts had predicted the pound would fall across the board the moment the government…(read more)

GBP/USD loses ground

Written by Arron Morris on Wednesday, March 22, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Written by Arron Morris Senior Currency Broker T: 01442 892 065 The pound/dollar exchange fell by nearly three quarters of a cent today, leaving the currency pair trading at $1.2430 this afternoon. Sterling dipped as speculation over future rate hikes from the Bank of England cooled, with investors’ attention switching back to Brexit and the…(read more)

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