"I reckon we will see the likes of GBP and EUR, currencies that have performed very poor so far this year, stage a recovery against the greenback".

August 2,2022

U.S. economy

"Growth momentum is undoubtedly weakening amid headwinds such as rapid policy tightening"

August 11,2022

The Pound to Dollar rate extended an almost nine day rally before being stalled by technical resistance on the charts after the Federal Reserve (Fed) indicated it would likely raise interest rates in unspecified smaller increments if market concerns about the trajectory of the U.S. economy prove to be well founded. 

July 28,2022

Pound to Dollar

The Pound and Dollar could see elevated volatility over the coming 48 hours with the Federal Reserve expected to hike rates again on Wednesday and the release of U.S. GDP data Thursday.

August 2,2022

Pound-Dollar outlook

The Pound to Dollar exchange rate has been recovering since mid-July and could be on the cusp of crossing an important technical milestone that could signal a more durable recovery.

August 2,2022

US economy

The Dollar and U.S. economy are the focus for foreign exchange traders in the final week of July with the all-important Federal Reserve rate hike falling midweek, but it is arguably Thursday's GDP release that holds greater relevance for investors.

July 26,2022

The Pound to Dollar exchange rate ended last week back above 1.20 and may have an opportunity to recover further, with a test of the 1.21 handle a possibility, if the Federal Reserve (Fed) sticks on Wednesday to its June plan to steer interest rates toward a “modestly restrictive level” by year-end. 

July 25,2022

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