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The Dollar suffered its deepest one-day fall in over a decade following a softer-than-expected U.S. inflation data release, a move which facilitated an unprecedented 3.15% advance in the Pound to Dollar exchange rate (GBP/USD).
November 11,2022
GBP leapt 2.0% against the U.S. Dollar following the release of U.S. inflation data that was softer across the board.
November 15,2022
With the Dollar finding it harder to sustain rallies, a big upside surprise is required from Thursday's inflation data if the bulls are to regain the initiative.
November 10,2022
A predicted Republican 'red wave' appears to have not materialised in the U.S. midterm elections, something analysts say could be negative for the Dollar.
November 9,2022
USD could be in the final phase of its multi-month rally according to analysts at Capital Economics, although they warn it is still too soon to prepare for the Greenback to roll over and turn trend.
November 9,2022
The Pound to Dollar rate has rebounded sharply from earlier losses and may attempt to recover further in the days ahead but it could also be at risk of unravelling again if this Thursday's inflation data provides an endorsement of the Federal Reserve's (Fed) ever more hawkish interest rate stance.
November 7,2022
USD a percent against GBP and 1.20% against EUR following the release of U.S. labour market data that, while still strong, confirmed a trend of slowing employment gains and wage growth.
November 4,2022
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