Monthly Archives: April 2018

Focus on US Q1 growth with the dollar still strong

Politics is still a factor to watch in markets as the two leaders of North and South Korea come together for an historic meeting that will hopefully smooth the path towards continued de-escalation of tensions on the Korean peninsula. However it was interesting to see yesterday that Oleg Deripaska of…

GBP/USD: sellers getting stronger near 1.4000

The GBP/USD pair saw some nervous trading, falling down to 1.3894 and peaking for the day at 1.3997, but settling late US afternoon around 1.3930, pretty much unchanged daily basis. The early decline came alongside with the UK CBI Distributive Trade Survey on realized sales for April, which fell 2%…

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