Pond Vs Dollar Today Movement

Pound exchange rate movements in the Asian session (02:30:35 GMT) moved down against the US dollar, having opened weaker at 1.5001 in early trading (0000 GMT), the rates of the pound fell 39 pips or 0.3% and the value of the rolling is at 1.4962.

Pounds again depressed Asian trading session continued weakening of 3 days in advance by the increased strength of the US dollar after the announcement of the Fed to raise its benchmark interest rate 25 basis points after nearly a decade of no change in the position of 0.25%.

However, the European session could rise again if the UK retail sales data released today showed that increasing the data as expected increase of 0.6% from -0.6% contraction in the previous period. Enter wary of the US session the pair fell back by more positive sentiment on the dollar strengthen the data Unemployment Claims and Philly Fed.