USD/JPY tests 40-year lows as the carry trade overpowers Tokyo’s warnings
USD/JPY ground back toward ¥162 on Monday as the yen sat at 40-year lows, giving up about half the gains…
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GBP/USD Holds Near $1.3352 as ISM Services and Fading UK Political Risk Cancel Out
The Pound US Dollar exchange rate held near $1.3352 on Monday, virtually unchanged, as easing UK political worries and renewed…
Dollar Climbs as ISM Services PMI Meets Estimates, Euro Slips and Yen Weakens
The U.S. dollar gained ground on July 6 after the ISM Services PMI met analyst estimates, pulling EUR/USD lower and…
GBP/USD holds range near 1.3357 as Dollar strength meets Fed doubts
The Pound Sterling steadied against the Dollar on Monday, trading at 1.3357 after a daily low of 1.3328, as broad…
Pound-to-Dollar Recovery Reclaims 21-Day Average but Must Break Resistance to Convince
GBP/USD climbed 1.17% last week and reclaimed its 21-day moving average, but the pound still needs to break nearby resistance…
