US Dollar Strength

October 11, 2014

USD has been pushing higher against all its major counterparts since the beginning of Summer 2014. Aussie is down almost 900pips, Kiwi more than 1000 pips, Euro 1500 pips (low point so far) and Pound approximately 1200pips and most likely they will continue their decline against the USD in the... View Article

UK, Pound and Scotland

September 3, 2014

It’s not an everyday sight when Scotland has more influence over GBPUSD exchange rate than the actual (important) data out from UK but recently it happened. When the Constrution PMI was released this week, Sterling continued its decline against the USD like nothing happened, even though the data was very... View Article