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King dollar has returned to rule over FX markets. The world’s reserve currency has staged a phenomenal rally in recent months, empowered by the stunning rise in US yields, solid economic fundamentals, safe haven flows, and the absence of any attractive alternatives.
October 3,2023
GBPUSD is closing in on the psychologically significant 1.20 level, but the next notable source of support is to be found in the 1.19s according to one analyst we follow.
October 3,2023
The Dollar advanced at the start of a new month and quarter thanks to some stronger-than-expected U.S. data, a renewed rally in U.S. bonds and comments from a Federal Reserve Governor that reminded markets another rate hike is on the table before the year ends.
October 2,2023
Recovery from oversold conditions can extend, 1.2350 a potential short-term target.
October 2,2023
GBPUSD could be on course to snap a run of weekly losses if the gains made in the wake of the U.S. PCE price index are held.
October 2,2023
GBPUSD is in recovery mode as it unwinds previously oversold conditions, but those watching Pound Sterling's value should be aware that for now upside is likely to be limited as the Dollar retains commanding fundamentals.
September 28,2023
The British Pound has fallen to new six-month lows against the Dollar as the selloff extends into a tenth week, leaving analysts wondering if there is any prospect of relief before the big 1.20 level comes back into play.
September 27,2023
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