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The Pound to Dollar exchange rate rallied to retest one-year highs in the final session of the week after official data suggested the Federal Reserve (Fed) is nearing dry land in its battle against U.S. inflation, stoking uncertainty about next Wednesday's interest rate decision.
May 3,2023
A batch of U.S. data printed relatively firmly on Thursday, offering support to the Dollar just days before the U.S. Federal Reserve's next policy decision.
April 27,2023
The U.S. dollar traded lower against most of its major peers on Wednesday and continued drifting south today as well.
April 27,2023
GBP/USD is rising again as global equity markets recover with a push to 1.25 being possible if Thursday's U.S. GDP reading disappoints.
April 27,2023
The Pound and Euro fell against the Dollar as a sell-off in a U.S. bank and disappointing corporate earnings prompted demand for traditional safe-haven currencies.
April 25,2023
There are "three reasons not to sell the USD" says a new analysis from Credit Agricole that suggests the peak in GBP/USD might have been reached, for now at least.
April 25,2023
The Pound to Dollar exchange rate has appeared to establish a foothold above the 1.24 handle in recent trade and could rise further in the days and weeks ahead, although White House and Congressional politics are much greater upside risks than any of the appointments sitting in the economic calendar.
April 24,2023
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