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Rising U.S. bond yields, a resilient U.S. economy, falling equities and rising oil prices conspire to put the Dollar back on the offensive.
October 26,2023
The Dollar strengthened after PMI data signalled the U.S. economy expanded in October, in contrast to those of the Eurozone and UK.
October 26,2023
"With yields on the retreat, the U.S. dollar got hammered as its interest rate advantage was eroded away, pushing the dollar index to its lowest levels in a month," writes Marios Hadjikyriacos, Senior Investment Analyst at XM.com.
October 24,2023
GBPUSD technical outlook is improved, but key test comes on Tuesday with PMI release.
October 23,2023
The Dollar was sold after the Federal Reserve Chair said U.S. financial conditions and tightened considerably and that it might have a bearing on future decisions regarding interest rates.
October 19,2023
GBPUSD retains a heavy tone amidst soft global investor sentiment and fears that the Chair of the Federal Reserve will signal a further rate hike when he speaks later today.
October 19,2023
GBPUSD has flipped short-term bearish, 2023 lows a target for the near-term.
October 16,2023
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