The Pound to Dollar exchange rate has most recently succumbed to a broad rebound by the greenback that could be likely to constrain any attempted recoveries this week even if Sterling does itself manage to defy any further headwinds blowing in from across the Atlantic over the coming days.
February 27,2023
January's Core Personal Consumption Expenditures (PCE) Price Index was potentially an early warning of a nightmare scenario being in the pipeline for policymakers at the Federal Reserve (Fed) but analyst and economist views on the outlook for interest rates and the Dollar inevitably remain far from uniform.
February 24,2023
The Pound to Dollar exchange rate tumbled into key support levels on the charts in the final session of the week after the Federal Reserve's (Fed) preferred measure of inflation bounced notably in what might yet transpire to be a January harbinger of a renewed upturn.
February 24,2023
The Pound to Dollar exchange rate came under pressure near 1.20 in the penultimate session of the week as financial markets mulled upside risks to Federal Reserve (Fed) and Bank of England (Fed) interest rates, the relative balance of which is potentially a constraint on Sterling's recovery prospects.
February 23,2023
The Dollar can remain firm in the near-term but foreign exchange strategists at Standard Chartered say strength should likely be brief, allowing the likes of the Euro and Pound to resume a stalled uptrend.
February 22,2023
The Dollar is expected to maintain pressure on the Pound and Euro for the first half of 2023.
February 21,2023
GBP/USD supported near & around 1.1950 short-term, but upside limited by growing UK-U.S. rate headwinds.
February 20,2023
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