02 July 2021 Pound Recovers against the Dollar on U.S. Jobs Data Which Showed the Unemployment Rate Actually Rose in June

Some reprieve for the British Pound against its U.S. counterpart after the release of the monthly U.S. jobs report provided traders with some rare summertime volatility.

Read more … →
01 July 2021 U.S. Dollar Vulnerable to Growing Gap Between Fed and 'Hawkish' Market Expectations

The currency market turned on its head following June's shift in policy guidance from the Federal Reserve but follow-on commentary from bank officials suggests there's now an even larger disconnect…

Read more … →
01 July 2021 Pound-Dollar Outlook: Jobs Report Increasingly Important for the USD says HSBC

The U.S. Dollar recorded a 2.0% advance against the British Pound in the month of June and how the coming days and weeks play out for the U.S. currency could well depend on the July 02 jobs report.…

Read more … →
29 June 2021 "Dollar Strength Creates Tremors Across Markets"

"Dollar strength creates tremors across markets," says Chris Beauchamp, Chief Market Analyst at IG, touching on the key global currency theme as the turn of month approaches.

Read more … →
28 June 2021 Pound-Dollar Week Ahead Forecast: Dollar Drives in Data Heavy Week

The Pound-to-Dollar exchange rate enters the new week looking to stabilise near the lower end of a multi-month range but could be susceptible to any renewed recovery attempt by the Dollar after the…

Read more … →
25 June 2021 Pound-Dollar Rate Back Under Pressure, Could be Entering a More Enduring Period of Weakness

The Pound has ahead of the weekend failed to rebound from the lows triggered in the wake of the Bank of England policy update and is in fact looking decidedly more heavy.

Read more … →
24 June 2021 JP Morgan: U.S. Dollar has Passed a "Bullish Watershed" Moment, Upgrades Forecasts

Foreign exchange analysts at Wall Street investment bank JP Morgan have said they are reinstating their bullish forecasts on the U.S. Dollar in the wake of the June Federal Reserve (Fed) policy upd…

Read more … →