The U.S. Dollar is now the best performing G10 currency of the past week and analysts say that those watching Pound Sterling should be prepared for a deeper correction lower before the current impulse of selling subsides.
March 2,2021
The Pound-to-Dollar exchange rate went out Friday on its back foot after risk assets hit a global bond market speed bump following an earlier rally that took Sterling to 2018 highs, which will be back in prospect this week as and when the dust settles in international financial markets.
March 1,2021
The Dollar surged on Friday as widespread gains lifted most U.S. exchange rates and pushed the ICE Dollar Index more than half a percent higher, although price action reflected what was at times a phantom rally for the U.S. currency, as it went much easier on the trade-weighted Dollar complex.
February 26,2021
The British Pound has unwound recent gains as its stellar 2021 performance is dented by a global sell-off in government bonds and an associated equity market slump.
February 26,2021
A subtle shift in guidance by U.S. Federal Reserve Chairman Jerome Powell has done enough to send the Dollar lower against the Pound, Euro and other major currencies once more.
February 26,2021
Analyst Mathew Weller, Global Head of Market Research at GAIN Capital reveals the single most important factor driving the rally in the GBP/USD exchange rate that saw the pair peak above 1.4200.
February 24,2021
A strong set of housing market statistics out of the U.S. on Wednesday helped trigger a sell-off in stocks and a rise in the value of the U.S. Dollar, at a time when investors are keeping a nervous eye on rising bond yields.
February 24,2021
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