Standard Chartered views on the Dollar and Pound

Standard Chartered's wealth management division are bearish on the U.S. Dollar on a six to twelve month view as they sense a major turning point for global currency markets is approaching.

June 28,2022

The Pound to Dollar exchange rate has clung onto much of the gain made in the wake of June’s Bank of England (BoE) policy decision but without any further corrective decline by the Dollar, Sterling could be likely to consolidate within roughly a 1.2171 to 1.2323 range during the week ahead.

June 27,2022

peak dollar

Expectations for the scale of interest rate hikes at the major central banks might have peaked, which might mean financial and foreign exchange markets have witnessed an important turning point.

June 24,2022

Dollar sold

On a day of PMI data releases it is the UK which has surprised positively while the Eurozone and U.S. have all delivered sizeable downside surprises.

June 23,2022

Federal Reserve to prompt U.S. recession, benefit the Dollar

"We maintain our view that the USD is likely to be stronger for longer" - Rabobank.

June 21,2022

The Pound to Dollar rate rebounded sharply from near March 2020 lows last week and could look to extend its recovery in the days ahead but much depends on U.S. bond yields and the impact of remarks from Federal Reserve (Fed) policymakers as well as a looming flurry of UK economic figures.

June 20,2022

Powell

The Federal Reserve will continue to hike by sizeable increments that will maintain conditions for further Dollar strength say analysts.

June 20,2022

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