A slowdown from an outstanding non-farm payroll print seems more than normal, and thus the dollar is unlikely to suffer if this is the case.
March 9,2023
GBP/USD fell to its lowest level since January 06 following comments from the Chair of the Federal Reserve, Jerome Powell.
March 7,2023
"A more modest 25bp hike on March 23rd could prove some downside risks to GBP/USD - perhaps to the 1.16/18 area" - ING.
March 7,2023
The Pound to Dollar exchange rate has remained subdued while the prospect of recovery has appeared to slip further from view in recent trade but Sterling still benefits from a thicket of technical supports located around 1.19 on the charts, which could continue to limit any losses in the days ahead.
March 6,2023
The Dollar rebounded ahead of the weekend after a key survey of the U.S. economy came in stronger than markets were expecting.
March 6,2023
GBP/USD has retreated below the 1.20 level amidst a broader retreat in investor sentiment as investors feared inflation in the U.S. would be reluctant to retreat.
March 2,2023
The dollar feels like it mildly overshot last week on month-end flows, but I don’t have any strong compulsion to get short USD yet. Rate differential charts generally look close to equilibrium. Here are a few I would highlight:
February 28,2023
Page 104 of 420