Foremost Currency Group

Make the most of your currency

Talk to our friendly team:+44 (0)1442 892060

Currency News - USD

GBP/USD Struggles to Hold Weekly Highs as US Jobs Data Beats Forecasts

Written by Arron Morris on Monday, September 10, 2018. Currency News - Sterling / USD

Last week’s high: $1.3017 Last week’s low: $1.2798 US Non-Farm Payrolls Support US Dollar, as Sterling Bolstered by Brexit Speculation All in all, the Pound to US Dollar exchange rate didn’t see much change in value throughout the last week. The US Dollar easily climbed against a Brexit-battered Pound in the first half of the…(read more)

GBP/USD Falls Back from Best Levels as Investors Seek ‘Safe Havens’

Written by Arron Morris on Monday, September 3, 2018. Currency News - Sterling / USD

Last week’s high: $1.3038 Last week’s low: $1.2834 Brexit Speculation Leads to Big GBP/USD Gains despite ‘Safe Haven’ Demand Despite a late-week boost for the US Dollar, the Pound to US Dollar exchange rate put in significant gains last week and saw its second consecutive weekly advance. Comments from EU Chief Negotiator Michel Barnier that…(read more)

GBP/USD Risks Losses on US GDP Boom

Written by Arron Morris on Tuesday, August 28, 2018. Currency News - Sterling / USD

Last week’s high: $1.2930 Last week’s low: $1.2731 GBP/USD Boosted by Cautious Fed Outlook Last week saw the Pound rise against the US Dollar and close around $1.2844 on Friday. In the UK, the government revealed its no-deal Brexit plans. Analysts gave a mixed reception to the measures and Chancellor Philip Hammond reiterated the dangers…(read more)

Pound US Dollar Exchange Rate Struggles to Recover from One-Year Low

Written by Arron Morris on Monday, August 20, 2018. Currency News - Sterling / USD

Last week’s high: $1.2813 Last week’s low: $1.2671 Risk Aversion Fails to Keep US Dollar on Bullish Trend Worries over the Turkish financial crisis continued to offer the US Dollar support last week, even though the situation showed signs of stabilising. However, the mixed nature of the latest US data soon saw USD exchange rates…(read more)

GBP/USD Slumps to New 13-Month Low as Brexit Jitters Bite

Written by Arron Morris on Monday, August 13, 2018. Currency News - Sterling / USD

Last week’s high: $1.3027 Last week’s low: $1.2750 Pound Bludgeoned by ‘No-deal’ Brexit Fears The Pound US Dollar exchange rate slumped over two cents to fall below $1.28 last week, striking its lowest levels in more than a year. This came following a heavy sell-off of Sterling in the first half of the week as…(read more)

US Dollar Sustains Gains versus Pound despite Underwhelming US Non-Farm Payrolls

Written by Arron Morris on Monday, August 6, 2018. Currency News - Sterling / USD

Last week’s high: $1.3165 Last week’s low: $1.2984 GBP/USD Pressured by Persistent Brexit Jitters and US Dollar Strength Another bearish week for the Pound has dragged the Pound to US Dollar exchange rate back down to near its worst levels in months, despite the Bank of England’s (BoE) unanimous decision to hike UK interest rates….(read more)

GBP/USD Fails to Recover as US Dollar Supported by Impressive GDP Print

Written by Arron Morris on Monday, July 30, 2018. Currency News - Sterling / USD

Last week’s high: $1.3212 Last week’s low: $1.3075 Pound Recovers from Lows Versus US Dollar on Trump Comments While most of last week’s US data wasn’t particularly impressive, it was solid enough to keep investors confident that the Federal Reserve would continue to hike US interest rates and this made it easier for the US…(read more)

US Dollar Knocked Back from Best Levels as Investors Fear Potential Currency War

Written by Arron Morris on Monday, July 23, 2018. Currency News - Sterling / USD

Last week’s high: $1.3289 Last week’s low: $1.2965 Pound Recovers from Lows Versus US Dollar on Trump’s Concerning Comments Foreign exchange markets were shocked by the latest developments in the US-China trade dispute on Friday, leading to a US Dollar (USD) selloff and helping the highly unappealing Pound (GBP) to recover slightly from its worst…(read more)

GBP/USD Forecast: Can Sterling Rally on UK Jobs Data?

Written by Arron Morris on Monday, July 16, 2018. Currency News - Sterling / USD

Last week’s high: $1.3357 Last week’s low: $1.3115 GBP/USD Losses Down to Brexit Worries and Trump Warning The Pound traded poorly against the US Dollar last week; GBP/USD exchange rate losses started with the surprise resignation of Brexit Secretary David Davis and Foreign Secretary Boris Johnson. Both men resigned in opposition to the government’s Brexit…(read more)

GBP/USD Ticks Higher as US Jobs Figures Disappoint

Written by Arron Morris on Monday, July 9, 2018. Sterling / USD

Last week’s high: $1.3270 Last week’s low: $1.3100 Pound Finds Support from Upbeat PMI Figures The Pound US Dollar exchange rate initially tumbled last week, with investors flocking to USD in the face of rising trade tensions. Sterling was able to mount a solid recovery on Tuesday and Wednesday however, with some upbeat PMI figures…(read more)

© Copyright 2013 to 2018 | Foremost Currency Group Ltd | All rights reserved