Pound Sterling is tipped to remain under pressure againts the US Dollar over coming days but there is a busy data calendar that could swing sentiment back to the Pound's favour.
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We take a look at the views of two major financial services research departments in relation to the up and coming Federal Reserve meeting.
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The short-term trend has changed from bullish to bearish.
Read more … →The GBP/USD exchange rate fell by close on a percent while the US Dollar index was sharply higher following the release of stronger-than-forecast US inflation data.
Read more … →The outlook for US monetary policy is unrealistic, argues Helaba’s Ralf Umlauf, suggesting the US dollar may be overpriced.
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The GBP/USD pair is forecast to end the year at 1.3000, from a current level in the 1.33s on a divergence in the trajectory of interest rates in the two countries.
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Bank of England meeting to dominate schedule in the coming week.
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