Sterling remains bid, but for how long can it sustain it? This Wednesday the U.S. dollar dropped rather broadly across the board – more so against the Japanese yen, less so against its European counterparties, as currency investors reevaluated their recent expectations that the US Federal Reserve could start reducing its stimulus efforts sometime this summer.
Submitted by Matt T. on Thu, 13 Jun 2013 05:38:08 GMT
In our daily forecast during the last trading day of the week we will tempt our fellow binary options traders to take a look at the opportunities the GBP/USD pair is providing. The Pound Sterling closed in NY at $1.5233 after rate had followed euro-dollar's short covering recovery. The rate moved up from around $1.5111 to a high of $1.5238 before easing into the close.
Submitted by Matt T. on Fri, 31 May 2013 11:54:48 GMT
Our last forecast for binary trading for this week will dive into the GBP/USD pair – as we are drawing closer to the appointment of Mark Carney as head of the Bank Of England, the pound sterling is likely to be burdened – policymakers are likely to be willing to keep exports of the UK economy competitive by keeping the currency lower.
Submitted by Matt T. on Fri, 24 May 2013 08:14:01 GMT
In our daily currency review we will take a look at the rather volatile days for GBP/USD pair. As the UK retail sales numbers hit the newswires fell in March, hit by cold weather, after rebounding in February.
Submitted by Toni H. on Fri, 19 Apr 2013 15:23:38 GMT