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The Pound to Dollar exchange rate (GBP/USD) trades higher in midweek trade, with some analysts attributing a weaker USD to a strong showing by U.S. Presidential Candidate Kamala Harris.
September 11,2024
We forecast further losses for the Pound against the Dollar in the coming week, but we think downside will be limited to 1.3036.
September 9,2024
The Dollar fell after a softer-than-expected U.S. labour market report raised the odds of a 50 basis point interest rate hike at the Federal Reserve on September 18.
September 6,2024
The highlight of the week approaches in the form of the U.S. labour market report, where a surprise outcome can shake up markets ahead of the weekend.
September 6,2024
The wild ride in FX continues with the Dollar falling sharply following a U.S. labour market report that pointed to weakness in the U.S. job market.
September 4,2024
After a poor August, the Dollar has roared back into life and is pushing the Pound lower again. One currency payment specialist thinks GBP/USD could go below 1.30.
September 5,2024
Pound Sterling weakness in September shows markets are nervous about strong U.S. data that would put to rest expectations for a 50 basis point rate cut from the Federal Reserve on September 18.
September 3,2024
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