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Monday’s USD Update

usd

Arron Morris Currency Broker - Monday's USD UpdateWritten by
Arron Morris
Senior Currency Broker
T: 01442 892 065

The GBP/USD cross nudged back towards $1.23 during the early hours of this morning’s Asian session, however the currency pair has been unable to hold onto the gains and is now trading back around $1.2250. The dollar surged last week as investors started to price in another rate hike from the Federal Reserve, who are due to meet next week and markets will be looking for additional clues over the next few days. EUR/USD as climbed slightly since last week with the cross trading around $1.06 this morning.

GBP/USD exchange rate graph

GBP/USD exchange rate graph

For more information on the USD or how we can help you with your currency requirements, please contact me on the details below or by using the form on the right-hand side.

Arron Morris
Senior Currency Broker
T: 01442 892 065

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