New Trade Tariffs $200 Billion Announced - Dollar Supported

New Trade Tariffs $200 Billion Announced – Dollar Supported

The US dollar is likely to be in for a volatile period after US president Donald Trump announced tariffs on Chinese imports yesterday. This latest wave of tariffs which come into force on the...
GBPUSD rates hit 5 week high

GBPUSD rates hit 5 week high

The pound has been trading more strongly on optimism that the UK and EU will be able to sort a deal ahead of the upcoming EU Summit next week. There is also some pressure...
GBPUSD ahead of Bank of England interest rate decision

USD GBP rates ahead of Bank of England Meeting

The US dollar continues to see a volatile period as the stalemate on trade between China and the US continues. US Treasury Secretary Steven Mnuchin yesterday announced that he was proposing a meeting to...
GBP/USD Rates Trading back Above 1.30 but will this Trend Continue?

GBP/USD Rates Trading back Above 1.30 but will this Trend Continue?

Sterling’s rally against the USD has continued this week, with GBP/USD rates now trading back above 1.30. With the Pound closing in on a six week high, the key question now is whether the current...
New Trade Tariffs $200 Billion Announced - Dollar Supported

Is now the time to sell US Dollars and buy Sterling?

Yesterday investors showed optimism as the Pound rallied across the board and against the US Dollar, when Mr Barnier stated a Brexit deal is possible within the next six to eight weeks. UK Prime minister...
GBP/USD rates spike back through 1.30 as a Brexit deal is on the horizon

GBP/USD rates spike back through 1.30 as a Brexit deal is on the horizon

The Pound has made gains of over a cent against the Dollar in trading so far today, the majority of the morning has been flat but news just out that EU Chief Negotiator Michel...
7 week high buying US dollars with pounds; Where next for GBPUSD exchange rates?

Be wary of hoping for further Sterling gains

GBP/USD - The lack of clarity surrounding Brexit is currently anchoring Sterling at low levels against most of the major currencies. The US Dollar however is at the opposite end of spectrum making advances against...
Will the Pound manage to break 1.30 against the US Dollar this week?

Will the Pound manage to break 1.30 against the US Dollar this week?

The Pound has made some gains vs the US Dollar during yesterday's trading session sending the Interbank level back towards 1.29. We have already seen a rather volatile period for USD exchange rates during...
GBPUSD rates hit 5 week high

GBP/USD Forecast – Will the USD’s Impressive Run Against GBP Continue?

The USD has made further gains this morning against Sterling, hitting 1.2803 at its high. Despite the Pound finding some support around the 1.28 threshold, it has struggled to sustain any improvements against the Greenback...
7 week high buying US dollars with pounds; Where next for GBPUSD exchange rates?

Will GBPUSD levels get back over 1.30?

GBPUSD drops to 1.2840 on Brexit fears Buying US Dollars with Pounds has once again become very expensive as the Pound struggles to maintain any form with Brexit uncertainties hanging over it. Even the small...