"The upbeat tone of Fed Chair Jerome Powellโs first semi-annual congressional testimony today suggests that a March rate hike is, as futures markets believe, a near-certainty,โ - Capital Economics.โฆ
Read more … →Pound Sterling has turned lower ahead of a key moment in the market's life-cycle: the expiry of billions of pounds worth of options.
Read more … →New Governor will lay out his vision for monetary policy including Dollar-linked interest rates, in speech to lawmakers.
Read more … →A further decline for the Pound-to-Dollar rate to 1.3790 is forecast in the short-term.
Read more … →The GBP/USD exchange rate is quoted at 1.3947 ahead of the London market open which represents a recovery from this week's low of 1.3856.
Read more … →All the ingredients are there for a US Dollar rally: economic growth, rising interest rates, fiscal stimulus, and yet the Dollar keeps going down, what's the problem?
Read more … →GBP/USD is resuming its uptrend at the start of the new trading week.
Read more … →