admin

Forex News: UK Pound Rallies Against Dollar as Economy Shows Signs of Recovery

The pound continued to trade strongly against the US dollar on the back of forex news that the European Central Bank (ECB) was preparing an unlimited bond buying plan to help the currency bloc’s most troubled economies. The GBP/USD reached 1.5934, its highest level since May, before consolidating at 1.5908. Analysts believed that the currency

Forex News: UK Pound Rallies Against Dollar as Economy Shows Signs of Recovery Read More »

Forex News: Euro Strengthens as ECB Bond Buying Plan Details Leak

Forex news regarding the European Central Bank’s debt buying program caused the euro to rally against the US dollar in September 5 trading. The EUR/USD reached a session high of 1.2623 before consolidating at 1.2603. Analysts speculate that the currency pair would most likely reach the support level at 1.2500 and the resistance level at

Forex News: Euro Strengthens as ECB Bond Buying Plan Details Leak Read More »