Dollar Falls to 3-Month Lows as Weak Economic Data Fails to Spark Turnaround

© Reuters. By Yasin Ebrahim Investing.com – The dollar fell to nearly three-month lows on Wednesday, as signs the Federal Reserve is shaping up to tweak its bond-buying policy and weaker than expected jobs data did little to drum up safe-haven support for the world’s reserve currency, suggesting a further drop is on the horizon. […]

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Cable Set to Snap 3-Month Losing Streak, but Vulnerable to Sell in May and Go Away

© Reuters. By Yasin Ebrahim  Investing.com – The pound rallied against the dollar Thursday, putting it on course on to snap a three-month losing streak, but history suggests cable is in for tough month ahead. rose 0.96% to $ 1.2584 “May is the worst month for GBP/USD with an average decline of 2.3% since 2010,” […]

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