Pound to Euro Forecast | Pound to Dollar Forecast | Euro to Dollar Forecast | Pound to Australian Dollar Forecast | Pound to New Zealand Dollar Forecast | Pound to Canadian Dollar Forecast
The U.S. Dollar rallied through the midweek session amidst poor investor sentiment and ahead of the release of the minutes of the Federal Reserve's May meeting.
May 26,2022
if BNY Mellon are correct the Pound-Dollar exchange rate's current rally is likely to have its limits before another meaningful leg lower ensues.
May 30,2022
"A recovery in risk demand in the markets and GBP/USD reaching 1.2750 as early as this week could be an additional confirmation signal that forex was the first to recover from the bearish pressure"
May 24,2022
The Pound to Dollar rate has recovered sharply from two-year lows following a favourable turn in UK economic data and a rebound by a heavily sold Chinese Renminbi, which could potentially lift it further this week and may even prompt a test of technical resistance up near 1.2662 on the charts.
May 23,2022
The Pound to Dollar rate has rebounded strongly from two-year lows and spent much of the week consolidating steep earlier losses but multiple resistances now obstruct its path higher on the charts and downside risks remain due to Federal Reserve and Bank of England (BoE) policy differences.
May 23,2022
"One day, a recession will come, but the current evidence points to upside not downside," says Stephen Gallagher, Head of Research for the Americas at Société Générale in New York.
May 18,2022
The Dollar should make a decisive turn lower by Autumn says Morgan Stanley, which would allow Pound Sterling and other major currencies to recover.
May 18,2022
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