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US Dollar holding tight for the end of the week

By Michael Cooper August 24th, 2016

Some manufacturing Purchasing Managers’ Index (PMI) data was released stateside today and came out worse than expected, but this has done nothing to the US currency. Therefore, it has been sterling which has driven direction in the GBPUSD currency pair since the start of the week. All eyes are now on Thursday and Friday key economic meeting.

If you are looking to buy or sell US dollars, we suggest contacting your trader now for live rates, news and currency purchasing strategies.