Ok my question is, if there is an interest rate increase in say the USD, would this be dollar negative ro positive?
In other words if the US increased interest rates would the GBPUSD chart go up or down. Up obvioulsy meaning bad for the dollar and down meanign good for the dollar.?
My currecnt understanding is that an increase in interest rates is bad for the dollar. Am i correct in that belief?
In other words if the US increased interest rates would the GBPUSD chart go up or down. Up obvioulsy meaning bad for the dollar and down meanign good for the dollar.?
My currecnt understanding is that an increase in interest rates is bad for the dollar. Am i correct in that belief?