The Independent News and Data Provider

Dollar Boosted by 'Hawkish' Fed Rate Hike

  • Written by Gary Howes

The Dollar surged and stocks fell after the Federal Reserve raised interest rates again and warned significant further tightening would be needed to quell inflation, but these volatile market moves ultimately reversed in the hours following the decision.

Read more ...

Pound-Dollar Week Ahead Forecast: Looking for a Footing as Dust Settles

  • Written by James Skinner

The Pound to Dollar exchange rate opened the new week with a dramatic fall to new all-time lows but could be likely to stabilise around, or perhaps even above the 1.05 level in the days ahead if the author reads the current market environment correctly, meaning the bottom may already be in for Sterling.

Read more ...