Foreign exchange analysts at Investec, the commercial and investment bank, have raised their forecast targets for the Pound to Dollar exchange rate.
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The Pound to Dollar exchange rate could sail through the 1.30's in the coming months, bolstered by a more promising economic outlook and the prospects of political stability.
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Analyst George Vessey at Convera writes the Pound looks vulnerable to a bigger corrective dip lower.
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Pound Sterling hit highs above 1.30 against the Dollar last week, but a decline in stock markets brought the rally to a halt. This week, we will watch the market's reaction to U.S. political develo…
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The Dollar is on the front foot again amidst a decline in global equity markets, which is linked to new restrictions on tech exports to China and a global IT shutdown.
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The Pound to Dollar exchange rate has hit 1.30 and a break here opens the door to further gains, according to analysts.
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The Dollar is still more interested in the Federal Reserve than the November Presidential election, says an analyst at HSBC.
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