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The Dollar was softer after the U.S. economy created over 300K jobs but the rate of increase in wages was softer than the consensus was anticipating.
March 13,2023
Foreign exchange markets are unfazed by the selloff in the global banking sector amidst fears a U.S. financial institution was under pressure, but this might not last.
March 10,2023
The number of Americans seeking out-of-work benefits rose last week, prompting a retreat in the Dollar and raising investor caution ahead of Friday's all-important non-farm payrolls release.
March 9,2023
A slowdown from an outstanding non-farm payroll print seems more than normal, and thus the dollar is unlikely to suffer if this is the case.
March 9,2023
GBP/USD fell to its lowest level since January 06 following comments from the Chair of the Federal Reserve, Jerome Powell.
March 7,2023
"A more modest 25bp hike on March 23rd could prove some downside risks to GBP/USD - perhaps to the 1.16/18 area" - ING.
March 7,2023
The Pound to Dollar exchange rate has remained subdued while the prospect of recovery has appeared to slip further from view in recent trade but Sterling still benefits from a thicket of technical supports located around 1.19 on the charts, which could continue to limit any losses in the days ahead.
March 6,2023
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