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The Dollar fell to fresh multi-month lows against Pound Sterling after new data showed inflation in the world's largest economy continued to cool, raising expectations the Federal Reserve has ended its interest rate hiking cycle.
May 10,2023
Our bullish GBP/USD forecast is unlikely to change much.
May 10,2023
GBPUSD hit a new one-year high at 1.2668 at the start of the week but technical analysis reveals it is looking stretched ahead of a key U.S. inflation release and Thursday's all-important Bank of England decision.
May 9,2023
The U.S. dollar gained some ground versus the euro, the pound, and the yen yesterday, but underperformed against the risk-linked aussie, kiwi and loonie.
May 9,2023
The Pound to Dollar exchange rate climbed to a fresh one-year high to open the new week but shifting market expectations of the Federal Reserve (Fed) and new Bank of England (BoE) inflation forecasts are just two of the factors that could yet lead it to run aground in the days ahead.
May 9,2023
Non-Farm Payrolls have now exceeded expectations for a record 13 straight months.
May 5,2023
Investors are being told to position for further spasms in the U.S. regional banking space, a development that could lead to further declines in some equities, bonds and the Dollar.
May 5,2023
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