Dollar strength dominates FX markets and pushes GBP & EUR lower.

Pound to Euro exchange rate holds strong at 1.16.

Last week was another strong one for GBP with Pound to Euro rates touching 1.17 briefly on Thursday (For all of 60 seconds) before descending back down to 1.1640. The main reason for Sterling ending the week lower was the risk off play in the U.S Stock market after...
Reasons that may lead to a weaker USD.

Reasons that may lead to a weaker USD.

It has been another volatile week through to the beginning of May- on my last article on www.thecurrencyblog.com I mentioned GBPUSD being a buy at 1.23- and we saw this play out as we saw GBPUSD hit 1.26 yesterday afternoon before dropping back to 1.25 today- I am...