Pound to Euro Forecast | Pound to Dollar Forecast | Euro to Dollar Forecast | Pound to Australian Dollar Forecast | Pound to New Zealand Dollar Forecast | Pound to Canadian Dollar Forecast
A rallying Dollar drove the Pound back near to its lowest levels since late November in the penultimate session of the week after better-than-expected U.S. economic data and hawkish commentary from Federal Reserve (Fed) rate setters turned the New Year tide in favour of the greenback.
January 5,2023
GBP/USD is under pressure amidst signs the Federal Reserve might have to raise interest rates to 5.4% amidst ongoing strength in the U.S. labour market.
January 5,2023
The Pound to Dollar exchange rate entered the New Year with a solidifying foothold above 1.20 and inflation differentials suggesting that it is undervalued while below 1.25, although the risk is of important U.S. economic data leaning against any recovery by Sterling later in the week.
January 3,2023
The Pound to Dollar exchange rate had risen to one-week highs in mid-week trade but handed back these gains after the National Association of Realtors said a slump in pending sales of U.S. homes deepened during November, making for the sixth successive month of declines.
January 5,2023
Foreign exchange analysts are considering the prospect of a near-term retreat in GBP/USD back below the psychologically significant 1.20 level.
January 5,2023
The Pound to Dollar exchange rate was toppled at six-month highs last week as deteriorating economic data and hawkish central banks drove a rout in risky assets but Sterling could benefit this week if the forthcoming holiday period leads the speculative market to lighten up on its own risk for a while.
December 19,2022
The Pound to Dollar exchange rate fell further in the final session of the week to round off what was a bruising period for Sterling and many other currencies but it also appeared to be stabilising above its nearby 200-day moving-average ahead of the weekend.
December 19,2022
Page 52 of 359
