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Could GBP/USD Exchange Rate Tumble on Stronger US Currency?

Posted on 23 July 2014

Currency News UK - Pound to Dollar Currency Predictions: will cable tumble into the 1.5000’s? Big news stories dominated last week’s session, with the shooting down of Malaysia Airlines flight MH17 and the international reaction to it, along with the ongoing situation in Iraq and an escalation of violence in Gaza. The latest GBP USD exchange rate today trades at 1.70669.
In amongst all of these risk events came a set of interesting comments from US Federal Reserve Chair Janet Yellen which could prove to have a marked effect on the relative value of the US Dollar during coming months………………………………………..Full Article: Source


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VRS - who has written 42229 posts on Opalesque Commodities Briefing.


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