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Posts Tagged ‘ Hemsley ’

We Could See Pound-Dollar Parity By Year End

Oct 28th, 2008 | By Frank Hemsley | Category: US Dollar & Forex Trading

With an estimated $4 trillion daily, forex trading dwarfs other markets in terms of volume. And stock market chaos is driving more investors to the currency markets. Frank Hemsley says forex trends are prone to overshoot. That means the British pound could fall much further against the US dollar in the coming months. It may be a bold call, but Frank says pound-dollar parity by the end of the year is a real possibility.