Dollar continues to strengthen against both the Euro and Pound

Dollar continues to strengthen against both the Euro and Pound. US Dollar exchange rates Today is a relatively quiet day elsewhere, the focus in the US will be on the August NFIB small business optimism survey and the JOLTS job openings release for July. Both are expected to show improvements for the month. The dollar […]


Good Morning The US dollar is on Holiday Today! We expect no movement in the US dollar exchange rate as the US say farewell to summer and for those fashion guru’s amongst you – wearing white. The rest of the week is far from a holiday, as the data releases will be coming thick and […]

Forex Traders still looking to Buy Euros

Good morning, It is a quiet start to the week with the euro exchange rate area trade balance (June) and the US NAHB survey (August), the only data of note. Buying euros as a whole continues to have a sizeable trade surplus, in part boosted by weak imports due to the lack of domestic demand. […]

Bank of England triggers pound selling

Good morning, The Pound took what some might say an absolute pasting yesterday following the Bank of England’s Inflation report. Bank of England governor Mark Carney discussed the UK economy and interest rates. Sterling tumbled to a four month low against the US Dollar as Carney said rate increases would be ‘gradual and limited’ and […]