Greenback Roller Coaster The past weekend and on into Monday, we saw the USD strengthen as Fed Vice Chairman Stanley Fischer’s positive remarks about the US economy and inflation targets prompted speculation of a rate…
Tagged By sterling
Trading the Sterling, Yen, & Greenback
The Brexit vote has changed the finance world drastically. What’s ahead for the sterling, yen and greenback? The Sterling – Still A Sinking Ship? In response to the Brexit vote, many companies and investors are…
The Sterling Anticipates “Super Thursday”
The Sterling has been steadily weakening since peaking at its year high of 1.4769 against the Greenback on May 3rd and previously we did not see the Cable at that level since December 31, 2015.…
7 Year Low On The Cable – Will The Short Trend Continue?
Today, the Cable sank below $1.39 for the first time since March 2009. As the world worries about the financial health of Britain, Prime Minister David Cameron announced June 23rd as the date the U.K. votes…
CURRENCY PROFILE: What you need to know when trading the Cable (GBP)
Now that you have learned the essentials of trading the USD and trading the CAD, it is time to focus on the Great British Pound (GBP) Forex traders love to trade the GBP because of its…