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Currency News - USD

Dollar Makes Gains On The Back of Sterling Uncertainty

Written by Corey Hackett on Monday, January 16, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Corey Hackett Currency Broker T: 01442 892060 The Greenback made significant gains against the Pound on the back of expectations that British Prime Minister Teresa May will signal tomorrow that Britain will be most likely be leaving the single market as they seek to retake control back control of its immigration policy, with the market…(read more)

Dollar Loses Ground Against Major Competitors

Written by David Savage on Thursday, January 12, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Corey Hackett Currency Broker T: 01442 892060 The dollar has continued to fall since President Elect Donald Trump’s press conference last night with the greenback falling to 1.0650 and 1.2200 against the Euro and Pound respectively. The Dollar managed to recover some of its loses against Sterling on the back of better than expected jobless…(read more)

Dollar Gains Wiped out by Trump’s Speech

Written by Corey Hackett on Wednesday, January 11, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Corey Hackett Currency Broker T: 01442 892060 In the early part of the day’s trading session Dollar initially gained on the Pound as the Pair fell below 1.21 partly down to comments made by Bank of England Governor Mark Carney on the effects that Brexit could have on the economy. However, shortly afterwards during the…(read more)

Dollar slightly down after yesterday’s surge

Written by Corey Hackett on Tuesday, January 10, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Corey Hackett Currency Broker T: 01442 892060 The dollar failed to continue yesterday’s surge against the pound, with Cable remaining relatively stable throughout the day’s trading session with it trading within a 60 pip range and the pound ending the session slightly up with it trading at 1.2165. The euro managed to gain on the…(read more)

Dollar Gains on Pound After May’s Comments

Written by Corey Hackett on Monday, January 9, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Corey Hackett Currency Broker T: 01442 892060 Dollar rose as sterling dropped to its lowest level since October on the back of comments made by British Prime Minister Theresa May, who stated she places more precedence on taking back control of immigration and border control then being a part of the EU’s single market. This…(read more)

Dollar Boosted by Jobs Report

Written by Corey Hackett on Friday, January 6, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Corey Hackett Currency Broker T: 01442 892060 The dollar gained against its major currency competitors after the Non-Farm Payrolls (NFP) report showed a slowing in hiring in December. However the Average Hourly Report showed that there had been an increase in wages, which overall boosted investors’ confidence in the health of the US economy. This…(read more)

Dollar Stalls as it waits for FOMC minutes

Written by Corey Hackett on Wednesday, January 4, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Corey Hackett Currency Broker T: 01442 892060 Sterling and Euro managed to recoup some of its recent loses against the greenback after a poor performance for the Dollar after a series of gains over the course of the last month as investors appear to wait for the release of the FOMC minutes. Even though the…(read more)

USD Update: GBP cross falls a cent whilst EUR holds firm

Written by Arron Morris on Thursday, December 29, 2016. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Written by Arron Morris Senior Currency Broker T: 01442 892 065 Despite a lack of eco-stats the pound lost ground against the dollar yesterday with GBP/USD cross falling nearly a cent from $1.2295 to $1.2201. However the currency pair has clawed half a cent and is now trading at $1.2254. EUR/USD remained unchanged and is…(read more)

USD Update: No change over the festive season

Written by Arron Morris on Wednesday, December 28, 2016. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Written by Arron Morris Senior Currency Broker T: 01442 892 065 The FX markets have been quiet over the Christmas period with the GBP/USD and EUR/USD crosses opening this morning’s session unchanged from Fridays close. GBP/USD is currently trading at $1.2267 while EUR/USD is trading $1.0445. With no eco-stats being released we are not expecting…(read more)

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