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India FX Reserves, USD dipped from previous $338.08B to $337.79B

FXStreet.com (Barcelona)

USD strength, a horror show for Fed? – Investec

With USD strength resuming after yesterday’s correction, Jonathan Pryor, Head of FX dealing at Investec, views that the dollar’s sharp and volatile moves might lead to Fed making specific references to these risks.
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GBP/USD downside risk towards 1.4770 – FXStreet

Technical indicators maintain the bearish tone for GBP/USD, notes Valeria Bednarik, Chief Analyst at FXStreet, and further views that a break below the daily low at 1.4807 would lead to further decline towards 1.4770.
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