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The Federal Reserve will feel justified in slowing down the pace it raises interest rates after U.S. inflation roundly underwhelmed expectations in November.
December 19,2022
Fed to push up projections for peak interest rates, overall supportive of USD says Goldman Sachs.
December 13,2022
Rate decisions by the Federal Reserve, Bank of England and European Central Bank make for a nervous week ahead for the GBP/USD and EUR/USD.
December 12,2022
The Pound to Dollar exchange rate has remained buoyant near nine month highs in recent trade but it could be volatile in the days ahead when a pending deluge of important UK and U.S. economic data points will set the stage for the latest interest rate decisions from the Federal Reserve (Fed) and Bank of England (BoE).
December 12,2022
The U.S. Dollar remained close to the top performing currency of 2022 this week but a decisive turn lower may not be that far off and this is something that would be likely to favour developed market currencies over their emerging market counterparts, according to research from Goldman Sachs.
December 9,2022
The Pound to Dollar exchange rate was knocked back from near the week's highs ahead of the weekend after U.S. producer prices rose further than was expected for November in what may be a warning of a protracted battle to get inflation back to the 2% target of the Federal Reserve (Fed).
December 9,2022
Technicals look for more GBP/USD upside.
December 8,2022
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