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The U.S. economy will fall into recession in 2023 according to the Federal Reserve, prompting markets and the Dollar to trade in weak fashion.
April 13,2023
Stocks rose and the Dollar retreated after U.S. inflation fell at a faster rate than investors were anticipating in March.
April 12,2023
The GBP/USD reached 1.25 handle last week, before dipping back below the high of its prior range around 1.2450. This level is now very important.
April 12,2023
GBP/USD recovery disrupted by soft U.S. data, as resistance stymies path above 1.25 on chart.
April 11,2023
The Pound to Dollar exchange rate further reversed some of the week's gains in Good Friday trade after non-farm payrolls figures cast the U.S. labour market in a resilient light but also confirmed a continuing slowdown in employment growth while revealing job losses in some parts of the economy.
April 11,2023
The Pound to Dollar exchange rate eased from close to one-year highs in the final session of a holiday-shortened week for some markets but the trend on the charts has shifted in favour of further gains and many analysts are tipping new highs for the months ahead.
April 11,2023
The dollar extended its losses against most of its major peers on Tuesday, with traders becoming split on whether the Fed will deliver another 25bps hike at its May meeting or not.
April 5,2023
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