The US Dollar Falls The US Dollar fell after reports of Persian Gulf states and countries including Japan, Russia and China discussed dropping the U.S. currency for oil trades. GBPUSD Trading Signal Technically, the most important resistance is at 1.6022 and 1.6123. If this resistance is broken, [Continue Reading]

Headlines on the Drop of the US Dollar The news headlines for last week trade was more on the US Dollar. As reported in Bloomberg: The Dollar Weakens and GBPUSD: Dollar Weakens and Pound Strengthens, trading for last week and on Friday in particular was not in favor of the US Dollar. The Dollar [Continue Reading]