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The Pound to Dollar exchange rate recovered last week but was unable to hold 1.25, and a hawkish Federal Reserve update and a strong payroll print could result in more of those gains being returned.
April 29,2024
The Dollar should be stronger following Thursday's strong U.S. data, warn analysts at ING Bank, expecting a delayed USD rally.
April 26,2024
Donald Trump is onto something: the strong Dollar is seeing U.S. consumption increasingly turn to foreign providers for sustenance. But the politicisation of the Dollar could limit its upside says one analyst.
April 25,2024
Dollar exchange rates are softer right across the board amidst a lack of fresh upside triggers which leaves crowded long positions exposed. However, it is too soon to say a fundamental turnaround is underway.
April 26,2024
The Pound to Dollar exchange rate is rising as it unwinds some of the recent selloff, but the bigger picture remains one consistent with ongoing weakness.
April 24,2024
The Bank of England is turning dovish as there is further disinflation in the pipeline in the UK, which should keep the Pound under pressure.
April 23,2024
The Pound to Dollar exchange rate is forecast to recover recent losses in the coming week, with focus falling on UK PMI data and U.S. PCE inflation numbers.
April 22,2024
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