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Pound Sterling has come under notable pressure against the Dollar as markets prepare for the second Trump administration, but we think relief is in store this week.
November 18,2024
Federal Reserve rate cut expectations were dramatically pared back on Thursday after Jerome Powell rounded up the week’s hawkish rhetoric by adding to the sense of caution about the pace of easing.
November 15,2024
... but both European currencies are now oversold against the Dollar on a tactical basis.
November 14,2024
The Pound to Dollar exchange rate fell to 1.27 after U.S. inflation rose in October.
November 13,2024
The Dollar powers onward, helped by Donald Trump's appointments of trade 'hawks' to his top team that reinforces his committment to significant import tariffs.
November 12,2024
GBP/USD is under pressure at the start of the new week, and we will watch for key support levels to be tested in the coming days.
November 11,2024
The Dollar fell on the day the Federal Reserve and Bank of England cut interest rates by 25 basis points.
November 8,2024
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