British Pound (GBP) Price Outlook: GBP/USD Searches for Support After Fall

Hit by a stronger US Dollar, GBP/USD has broken below the support line of a downward-sloping channel in place on the charts since the end of last month.

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EUR/USD Crumbles to a 9-Month Low, Breaks Below 1.1700

Hints from the FOMC that they are getting closer to tapering have sent EUR/USD tumbling through prior strong support at 1.1700.

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US Dollar Higher as FOMC Minutes Put QE Taper into View. Onward and Upward?

The US Dollar strengthened in the APAC session against the major currencies and commodities. The strong Australian jobs number may not be enough to hold up AUD/USD.

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