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Pound Sterling rose against the Dollar and Euro after the Federal Reserve cut interest rates by 50 basis points.
September 18,2024
The Dollar will rebound if the Federal Reserve opts to stick with its guidance and cut interest rates by 25 basis points today, but strength will be shortlived according to one analysis.
September 18,2024
The Brtish Pound's rapid climb against the U.S. Dollar risks stalling, says a currency strategy note from HSBC.
September 17,2024
Dollar exchange rates are lower across the board despite news of a second assassination attempt on Donald Trump.
September 16,2024
The Pound to Dollar exchange rate could test the 2024 high at 1.3250 if the Federal Reserve cuts interest rates by 50 basis points this week.
September 16,2024
The British Pound is looking better supported against the Dollar, which sets up a platform for a more substantive rebound heading into next week's Federal Reserve interest rate cut.
September 13,2024
The Dollar was stronger after U.S. inflation beat expectations in August, with the important core CPI inflation reading hitting 0.3% m/m, beating consensus expectations of 0.2%.
September 11,2024
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.