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The Dollar rebounded ahead of the weekend after a member of the Federal Reserve Open Market Committee said his colleagues must be prepared to raise interest rates again if required.
December 15,2023
The Dollar has softened against Pound Sterling, the Euro and other major currencies after the Federal Reserve left interest rates unchanged and condoned market expectations for several interest rate cuts in 2024.
December 18,2023
Beware further weakness in the Pound to Dollar exchange rate through the midweek session that will feature the Federal Reserve's latest interest rate decision and guidance.
December 14,2023
The Dollar has risen in reaction to the release of November's U.S. inflation data showing a 0.1% rise month-on-month in headline CPI, an increase on October's 0% print and larger than the flat 0% reading the market anticipated.
December 13,2023
GBPUSD has seen a setback recently, but the uptrend is not yet invalidated.
December 11,2023
Another above-consensus U.S. labour market report has propelled the Dollar higher into the weekend.
December 11,2023
The Dollar was firmer against the Pound and other major currencies after a survey of the U.S. economy showed continued growth in November and cautioned market participants against overzealous Federal Reserve interest rate cut expectations.
December 5,2023
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