GBP/USD Outlook – Week 10/03/14
The British Pound has come under pressure this week and we expect a break lower from current levels.
GBP?USD Analysis : Range Breakout This Week
The GBP/USD has displayed a bullish tone since the start of the year to build upon the strong momentum that was seen during 2013. While initially many
U.S. Dollar Rallies; Boosted by Risk Aversion, Weak U.S. Employment Outlook
The U.S. Dollar Index made a new high for the year, boostedby the sharp sell-offs in the Euro, British Pound and the commodity-linkedcurrencies. Gains were limited slightly by
Euro Drops to 4-year Low ahead of U.S. Jobs Data
After holding steady for a few days, the Euro plungedthrough the recent bottom to post a 4-year low. This morning’s move came as asurprise to many traders who
USD JPY Breaking Out to Upside
The USD JPY is trading sharply higher, strengthened bygreater demand for risky assets and on speculation that the next prime ministerwill favor a weaker currency. The USD JPY is
U.S. Dollar weakens as Investors put Risk Back on the Table
The U.S. Dollar finished the day down against most majorcurrencies with the exception of the Japanese Yen. Low volume ahead of Friday’sU.S. Employment report may have contributed to
U.S. Dollar Soars as Prime Minister Resignation Shakes up Japanese Yen
The Japanese Yen is the featured currency today. The Yen istrading lower, pressured by the news of the resignation of Japanese PrimeMinister Hatoyama. Traders are dumpingthe currency which
U.S. Dollar Closes Mostly Higher Boosted by Risk Aversion
The U.S. Dollar finished the first full session back fromthe holiday week-end by posting gains against most major currencies. Riskaversion was the theme today as traders punished the
U.S. Dollar Closes Mostly Higher Boosted by Risk Aversion
The U.S. Dollar finished the first full session back from the holiday week-end by posting gains against most major currencies. Risk aversion was the theme today as traders
British Pound Soars on Speculation
The GBP USD soared 1 percent Tuesday morning boosted byspeculation that U.K.insurer Prudential may withdraw its takeover bid of AIA. The GBP USD soared 1 percent Tuesday morning boosted
ForexHound Traders Corner
