The GBP/USD exchange rate is trading at around 1.2573 at the start of the new week after rising 0.4% from the previous week. Studies of the charts suggest the pair could be reversing and might go h…
Read more … →The Dollar drew support Thursday from official figures that showed inflation rising faster than was expected during June, potentially leading some investors to conclude that elevated consumer price…
Read more … →The Pound has begun to recover lost ground from the Dollar since eary in the Wednesday session and could go on rising over the coming weeks according to technical analysts at Commerzbank, although …
Read more … →The Dollar slumped Wednesday after Federal Reserve (Fed) Chairman Jerome Powell appeared to validate market bets that a series of U.S. interest rate cuts are on the way, during testimony to congres…
Read more … →The Dollar was on its front foot Tuesday as investors pared back earlier bets against it ahead of Federal Reserve (Fed) Chairman Jerome Powell's eagerly-anticipated appearance before Congress, but …
Read more … →The Pound-to-Dollar exchange rate is under fresh pressure on Tuesday, July 09 with analysts saying the move below 1.25 opens the door to fresh losses owing to a lack of support in the market we are…
Read more … →The Dollar was on its front foot Monday as investors continued to reappraise the Federal Reserve (Fed) interest rate outlook in the wake of last week's nonfarm payrolls report, although analys…
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