It has been a great day for the pound to dollar exchange rate conversion with the pair storming higher by almost a percent.
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The most important economic release on the US data calendar comfortably beat expectations leading currency traders to buy the dollar in response.
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Barclays, Swissquote Bank, Morgan Stanley and JPMorgan give us their latest forecasts for the pound dollar currency pairing as we enter the new month.
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The US Federal Reserve looks committed to raising interest rates sooner than later – something that should arrest recent gains in the pound / dollar exchange rate.
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The savage sell-off witnessed on the pound to dollar exchange rate pairing following the release of inflation data on Tuesday has ended.
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North American institutions are planning long-term investments in foreign infrastructure and are pumping billions of pounds into Europe, a report from Armstrong International reveals today.
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The UK currency appears to have hit its limit for the time being, however forecasts from a number of leading industry names confirm the month ahead could well yield further gains in GBP-USD.
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