New labour market figures from the U.S. show further cooling in conditions, raising fears that the U.S. economy is sliding into a recession.
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The Pound to Dollar exchange rate hit its highest level in 12 weeks on Tuesday amidst renewed USD weakness and analysts see potential for further advances if upcoming U.S. job figures disappoint.
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What is the Pound to Dollar forecast for the week ahead? We expect the Pound to potentially test the $1.28 level thanks to strong technical momentum and a potential undershoot in the all-important …
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The Dollar was softer after a key measure of U.S. inflation undershot expectations, keeping alive expectations that the Federal Reserve will cut interest rates later this year.
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GBP/USD selloff extended to 1.2680 on Thursday amidst rising U.S. Treasury yields and deteriorating investor sentiment. All eyes now turn to Thursday's GDP print and Friday's PCE release.
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Global investors are turning nervous, and this is boosting the Dollar.
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The Pound to Dollar exchange rate is forecast to extend its journey towards the top end of its 2024 range in the coming days, but a strong PCE inflation print at the end of the week could upend the…
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