The British Pound trades higher against the Dollar in the wake of Friday's retail sales data, but the risks are still tilted to the downside.
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Foreign exchange strategists at Deutsche Bank see across-the-board U.S. Dollar gains if Donald Trump wins in November and his Republican party secures control of both the House and Senate.
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The Pound to Dollar exchange rate (GBP/USD) is testing the key level of 1.30, where a break opens the door to the 1.2820 level say analysts.
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The British Pound will come under pressure if UK services inflation lands below 5.2% on Wednesday.
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The prospect of a meaningful rebound in the Pound to Dollar exchange rate (GBP/USD) looks a remote prospect for the coming days.
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Above consensus producer inflation numbers and hawkish comments from Federal Reserve policy setters haven't been able to give the Dollar fresh upside impetus and suggest the October rebound is fadi…
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The Dollar glows a little brighter after the Federal Reserve showed it is awake to the resilient U.S. economy and that future interest rate cuts will be hotly contested by policymakers.
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