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The Dollar strengthened against the Pound, Euro and other major currencies after the release of data that showed U.S. inflation accelerated in December.
January 15,2024
The Pound to Dollar exchange rate reclaims the 1.27 level ahead of the U.S. inflation report, buoyed by positive market sentiment.
January 11,2024
The U.S. dollar resumed its recovery against all its major counterparts on Tuesday, although it is trading steady on Wednesday.
January 10,2024
The Pound to Dollar exchange rate is in a short-term uptrend that can extend over the coming days, provided global market sentiment remains stable, and the U.S. inflation report due Thursday proves a tame affair.
January 8,2024
The consensus sees 2024 as a year when the Dollar will gradually ease as a slowing economy and falling inflation allow the Federal Reserve to reverse some of the recent interest rate hikes it delivered.
December 21,2023
Foreign exchange strategists at investment bank Morgan Stanley say they are "most negative" on Pound Sterling in the G10 space for 2024.
December 21,2023
Recent events have overtaken Goldman Sachs's base-case assumptions for 2024, and economists at the Wall Street bank have announced adjustments to their dollar forecasts before the new year begins.
December 19,2023
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