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ritish families heading to the sun for two weeks this summer will face a depressing sight when they look at the currency tables. This time last year, £1 bought about €1.30 – almost 12 months after the Brexit vote that same pound buys just €1.15. For those who have not retreated and opted for a “staycation”, the annual break in continental Europe could now cost significantly more.So what are the best ways for holidaymakers to save money and avoid unnecessary expenses?ADVERTISINGTravelex to withdr…
Strategyrunner's Blog
US dollar spikes, then falls as traders speculate over whether Trump will face legal issues
HERE WE GOUS dollar spikes WHAT IS NEXTthen falls as traders speculate over whether Trump will face legal issues
I AM HOPING TO SEE A RETURN TO 1.60 Long GBPUSD for medium term: momentum, weaker USD, short squeeze POUND STERLING / US DOLLAR (FX_IDC:GBPUSD) 1.3022 0.0045 0.35%
Momentum in Cable has flipped to the upside, breaking a major 2-year downtrend.
MORE LIKE 10 YEARS 2006 1GU =2.04 Actual trade
CFTC data shows speculators still heavily net short GBP.
MORE LIKE 10 YEARS 2006 1GU =2.04 Actual trade
CFTC data shows speculators still heavily net short GBP.
Gaps Left Unfilled but Dollar Still Vulnerable Here’s Why
After all of the excitement from the French election, Donald Trump’s “big” tax reform announcement and the prospect of another U.S. government shutdown, there was very little consistency in the performance of the dollar. The gaps after the election were left unfilled but the gains also did not continue. However next week, the U.S. dollar should experience a more uniform performance ahead of and following the upcoming Federal Reserve’s monetary policy announcement. Despite Friday’s rally, U.S. …