The FOMC as good as announced a December rate hike in Wednesday's statement but cuts to its projections for longer term rates might weigh on the Dollar beyond the short term.
Read more … →While the GBP/USD outlook remains broadly positive, time for consolidation, triggered in part by the US Fed and technical resistance levels, appears to be in order.
Read more … →The market is flagging up risks of the Fed delaying their next interest rate hike - a move which could further weaken the Dollar.
Read more … →The bar has been set very high for US Dollar gains in response to the Federal Reserve meeting on Wednesday, which forms the key event for the USD this week.
Read more … →Markets could be underestimating the prospect for, and Dollar impact of, a deal on tax reforms between the White House and Democrats.
Read more … →Technical analysts brief us on the key levels that are likely to impact direction in the Pound-to-Dollar conversion.
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