The Pound to Dollar exchange rate pared earlier gains in the final session of the week but could reach one-year highs near 1.27 this quarter if the interest rate differential narrows in support of Sterling but there are also risks to that forecast, according to BMO Capital Markets. 

April 24,2023

"The rebound in the dollar this week clearly does not signal the start of a stellar comeback."

April 21,2023

The Dollar could be about to make another leg lower that will allow the Euro and Pound to rally to fresh multi-month highs before the northern hemisphere's summer sets in, however, a lull in price action might then be expected.

April 24,2023

The Dollar is finding itself bid in midweek trade amidst a broader turn lower in global equity markets, highlighting the currency's enduring safe-haven appeal.

April 24,2023

The Pound to Dollar exchange rate staged a hasty retreat from eleven-month highs ahead of the weekend but could slip further this week if a pending deluge of UK economic data calls into question some of the popular assumptions about the outlook for the Bank of England (BoE) Bank Rate.

April 24,2023

The Dollar rallied and stocks fell on the release of U.S. retail sales data that came in well below expectations.

April 14,2023

BNP Paribas Securities Corp's Head of Americas Macro Strategy, Calvin Tse, has suggested that the US dollar (USD) could be set for a multi-year structural decline due to several factors.

April 14,2023

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