28 July 2023 Pound-Dollar Boosted by PCE Inflation Drop

The Pound to Dollar exchange rate stalled in an earlier rally in the final session of the week after data suggested the Federal Reserve (Fed) is close to reaching its inflation target and that cons…

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27 July 2023 Dollar Rebounds Following Strong U.S. GDP Report

The U.S. economy is not slowing by as much as investors and economists were expecting, raising bets the Federal Reserve can raise interest rates on yet another occasion before the year is out.

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27 July 2023 Federal Reserve Raises Rates, Won't Rule Out Further Hikes

The Dollar was broadly weaker in the wake of the Federal Reserve's July decision to raise interest rates by 25 basis points and signal that any further rate hikes would be entirely dependent on the…

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26 July 2023 Pound-Dollar Tipped to See Near-term Weakness as Fed to Push Back on Rate Cut Expectations

"A 25bp hike is widely expected and it looks far too early for the central bank to soften up its FOMC statement by embracing recent disinflationary trends... this should see the dollar holding onto…

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24 July 2023 GBP/USD Week Ahead Forecast: Eyes Retest 1.30 but Risks Losses Below 1.28

The Pound to Dollar exchange rate entered a new and potentially volatile week with a risk or chance of external factors leading to a retest of 1.30 or more in the event of any monetary policy surpr…

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21 July 2023 All Eyes on 1.2850 Support for GBPUSD says Forex.com's Weller

The Pound to Dollar exchange rate rose ahead of a key support level that must hold or risk a slide to 1.27, according to a new analysis.

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20 July 2023 GBPUSD Supported Around 1.2826

The Pound to Dollar rate fell back below 1.30 in the opening half of the week but a confluence of factors could see it attempt to regain the level in the days ahead with some risk or chance of new …

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