The Pound was on course for its third consecutive day of losses early Wednesday and is likely to remain under pressure in the days and weeks ahead, according to analysts at ING Group, who say the B…
Read more … →The Dollar roared into life Tuesday, building on a positive start to the new week and forcing a Brexit-stricken Pound Sterling to a two-year low, after strong retail sales data prompted some in the…
Read more … →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 …
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