The Pound can still advance in value against the Dollar says a leading strategist we follow, supported in part by the stimulatory fiscal impulse provided by this week's budget announcement, althougโฆ
Read more … →The market is heavily positioned for further Dollar upside, to the extent that positioning is now overcrowded heading into the crucial November 03 Federal Reserve meeting policy meeting.
Read more … →GBP/USD steadier & supported at 1.3724 & then 1.3713, but could struggle on any recovery above 1.3800.
Read more … →Stock markets sold off ahead of the weekend amidst a deterioration in investor risk sentiment linked to comments made by the Chairman of the Federal Reserve, Jerome Powell.
Read more … →"GBP-USD is proving resilient to increasingly challenging COVID-19 headlines as the hawkish rates market provides an offset. We suspect this resolve will fail" - HSBC.
Read more … →GBP/USD buoyed after BoE confronts inflation risks, but momentum could fade on advance above 1.38.
Read more … →Pound Sterling is on course to register a second successive weekly advance against the Dollar, but many in the analyst community remain of the view that this is merely a reprieve in an ongoing downโฆ
Read more … →