The Pound to Dollar exchange rate was nudged lower and left trading near 1.21 ahead of the weekend after University of Michigan (UoM) surveys told of an improvement in consumers' sentiment about the current economic situation and an uptick in year-ahead inflation expectations.
February 14,2023
The Pound to Dollar exchange rate neared one-week highs and its 55-day moving average in the penultimate session of the week, placing directly in the crosshairs of sellers who've recently advocated bearish bets against Sterling owing to concerns about structural problems weighing on the UK economy.
February 9,2023
U.S. Dollar exchange rates were lower with modest losses in many cases by the mid-week milestone after Federal Reserve (Fed) Chairman Jerome Powell's appearance at the Economic Club of Washington prompted a wave of what might have been profit-taking on speculative trading positions.
February 8,2023
The Pound to Dollar exchange rate rallied late on Tuesday after Federal Reserve Chairman Jerome Powell said U.S. financial conditions have adjusted themselves into what is something of a sweet spot for the bank since last Friday's blockbuster non-farm payrolls
February 9,2023
USD in strong comeback following jobs report, GBP/USD failures create 'double top' pattern.
February 8,2023
The Pound to Dollar exchange rate unravelled almost all of its January gains last week but could now benefit from dip-buying around a nearby thicket of technical supports if Friday's rally in U.S. exchange rates proves to have been a knee-jerk reaction that is ultimately faded.
February 7,2023
The Pound to Dollar exchange rate's losses deepened ahead of the weekend after a surge in U.S. non-farm payrolls sent currencies like Sterling and the Euro tumbling while forcing investors to look again at assumptions about the outlook for Federal Reserve (Fed) interest rates.
February 6,2023
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