GBP/USD Slides as US Treasury Yields Rise

April 23rd saw the Pound drifting low against the US Dollar as it came under pressure due to rise in US treasury yields. As a matter of fact, the Dollar index, which measures the greenback against a basket of other major currencies, rose by 0.45% on Monday, which happens to be its best level since

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What Trump’s Russia/Syria Tweet Means for The USD

On April 11, United States President Donald Trump fired a tweet targeted at Russia in response to their threat to shoot down any missile fired at Syria. This exchange of words between two nuclear powers has continued to weigh on the dollar when measured against other top world currencies. At 11.5

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Global Currency News for End of Week: April 13

  Political and trade events around the world are causing the US dollar to fluctuate, but the dollar managed to end the week with a small gain over other currencies. Currency Trades The dollar made gains against the Japanese yen (USDJPY, +0.02%). The dollar’s 0.4% weekly gain against t

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Is a Pound Rally On the Cards?

  Almost two years ago, the news that rocked the World, was the EU referendum that resulted in the UK’s decision to leave the European Union, a decision that was met with stern rebuff from various European quarters, still Britain opted to leave the EU as desired by more than 50% of her e

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