U.S. Dollar exchange rates edged higher in the penultimate session of the week amid a rebound that has so far tempered Pound Sterling's earlier gains following a flurry of data appearing to suggest an abrupt slowdown in the world's largest economy.

January 19,2023

 

The Pound to Dollar exchange rate neared some of its best levels since last June after multiple official figures highlighted a clear deterioration of the U.S. economy going into year-end while revealing scope for a further softening of inflation pressures being in the pipeline.

January 23,2023

U.S. Dollar exchange rates have fallen heavily in recent months and developments in China have been a very prominent driver of this trend, hence why Beijing's increasing focus on economic recovery might now count as another headwind for the medium-term outlook.

January 18,2023

Morgan Stanley says it has "doubled down" on its bearishness towards the U.S. Dollar in 2023, prompting it to lift its Pound to Dollar exchange rate forecast.

January 18,2023

Copper price upside

The price of copper is in the ascendency and one eagle-eyed currency market analyst has noted that this development could signal further potential upside for the British Pound.

January 17,2023

The Pound to Dollar exchange rate entered the new week on the front foot and could have scope to rise further in the days ahead but the recent loosening of 'financial conditions' risks inviting a Federal Reserve (Fed) quantitative tightening (QT) response that would be a potential risk for Sterling multi-week. 

January 17,2023

The Pound to Dollar exchange rate climbed in the final session of the week to reach new highs for the fledgling year at times after being lifted on a raft of favourable economic data from both sides of the Atlantic with the latest being an easing of consumer expectations for U.S. inflation.

January 16,2023

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