The British Pound reached a fresh multi-month high against the U.S. Dollar in late February when the GBP/USD exchange rate hit 1.4243, but a decline back below 1.40 inevitably raises questions as t…
Read more … →
The Pound-to-Dollar exchange rate pared its earlier loss while approaching the 1.39 handle Tuesday but remained significantly undervalued on at least one important metric, according to strategists …
Read more … →
Economists at Wall Street bank Morgan Stanley are backing the Dollar to make gains in 2021, having entered the year expecting the currency to make losses.
Read more … →
The Pound-to-Dollar exchange rate suffered another setback last week as a rout in the U.S. bond market lifted the Dollar but with yields appearing to lose steam on Friday, Sterling could be set to …
Read more … →
The Dollar remained an outperformer among major currencies on Friday although its strength was abating after February non-farm payrolls report revealed a sharp increase in new jobs last month, arou…
Read more … →
The U.S. Dollar rose broadly ahead of the weekend in response to highly anticipated comments of Federal Reserve Chairman Jerome Powell which appear to have stoked the rally in U.S. bond yields.
Read more … →
The U.S. Federal Reserve Chairman Jerome Powell is to sit down with the Wall Street Journal for an interview today and what he says could well dicatate market direction for the next two weeks.
Read more … →