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The Dollar firmed in the wake of an above-consensus U.S. inflation report that put the brakes on rising bets that the Federal Reserve could cut interest rates in June.
March 13,2024
Pound Sterling could hit fresh multi-month highs against the Dollar this week, underpinned by positive technicals. However, any undershoot in UK wage data - or overshoot U.S. inflation data - could prompt a sharp pullback.
March 11,2024
The Dollar was sold after data showed wages in the U.S. cooled sharply in February, raising the prospect of a mid-year interest rate cut at the Federal Reserve.
March 8,2024
Bank of America has just released a call to buy the Pound-Dollar exchange rate (GBP/USD), citing the UK's Spring Budget announcement.
March 11,2024
The British Pound reigns as the best-performing G10 currency of 2024 following a retreat in the value of the U.S. Dollar.
March 8,2024
Dollar exchange rates were broadly weaker on the day a U.S. job survey revealed fewer people are quitting jobs each month to pursue higher-paid prospects.
March 6,2024
The Dollar was broadly softer after a highly-anticipated business survey missed expectations and hinted at a potential slowdown in America's hot growth rate.
March 5,2024
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