The ongoing appreciation in the U.S. dollar triggered a significant breakdown in the EUR/USD and GBP/USD exchange rate pairs in the previous week and analyst Fawad Razaqzada of City Index is eyeing…
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"GBP/USD fell with the euro and has slipped below its 200-day average, which looks ominous" - Société Générale.
Read more … →The Dollar was the ultimate winner of the European Central Bank's dovish policy announcement on Thursday, leading to losses in the Pound to Dollar exchange rate.
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Pound Sterling risks breaking to fresh three-month lows against the Dollar if U.S. inflation beats expectations later today, but recent history suggests the U.S. currency tends to weaken following …
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The Pound to Dollar exchange rate is said to be at risk of further losses in the short-term and even a positive UK labour market report on Tuesday would unlikely be enough to resist the broader Dol…
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One of the most prominent banks on the U.S. Main Street has upgraded its stance for the U.S. Dollar over the remainder of 2023, although weakness is still expected to be a feature of 2024.
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The rise in oil prices is tipped by analysts to be supportive of the U.S. Dollar as non-oil exporting countries are expected to see inflation rates remain elevated as growth continues to slow.
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