GBPUSD Outlook - Week Commencing 29th August 2016
GBPUSD Outlook – Week Commencing 29th August 2016
Bullish Dollar Last week, Yellen stated that positive US reports have opened up the idea of a rate hike in September and we will need to see more positive US reports for the rate hike to be confirmed. This acted as a huge catalyst on Friday allowing the US Dollar to break TL on most pairs. As it stands the Dollar is looking bullish with investors waiting for US reports to solidify expectations of…
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