The week was positive for the greenback. The US dollar index managed to set new highs near $93.50.
GBP/USD: forecast for Sept. 4-8
The sterling remains under the negative impact of uncertainty over Britain’s exit from the European Union. The third round of Brexit negotiations started on Monday, but the EU’s chief negotiator said that the progress of the talks was slow.
This is Forex trading plan for Thursday, May 24…
It seems like the rally of the greenback has ended. On Monday, the US dollar index tested levels near $94, however, closed below $93.50.
Last week was highly positive for the US dollar, so, it managed to end the Friday’s trading above 93.50.