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The Pound-to-Dollar exchange rate was on course to retest the nearby 1.41 level ahead of the weekend but with the market recently proving hesitant to let go of the greenback for very long, and new risks now emerging on Sterling’s radar; any new highs for the Pound could be slow to materialise.
May 14,2021
U.S. Producer Price Index (PPI) inflation is rising, but not by quite enough to trigger a fresh bout of Dollar buying.
May 13,2021
Those wanting a stronger Dollar were left disappointed by a tepid FX market response to data showing U.S. inflation is starting to burn hot.
May 12,2021
The stars are aligning for Wednesday's U.S. inflation data release to be the most consequential for the Dollar and global markets in years.
May 11,2021
With political considerations now largely out of the way, investors have been able to focus fully on the Bank of England's seemingly bullish outlook for the UK economy and have purchased the British Pound.
May 11,2021
The Pound-to-Dollar exchange rate starts the new the week above 1.40 amidst a broadbased buying of the Pound.
May 10,2021
The U.S. Dollar fell sharply across the board after data showed the U.S. grew less jobs than the market was expecting in April.
May 7,2021
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