GBP/USD is rising again as global equity markets recover with a push to 1.25 being possible if Thursday's U.S. GDP reading disappoints.
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The Pound and Euro fell against the Dollar as a sell-off in a U.S. bank and disappointing corporate earnings prompted demand for traditional safe-haven currencies.
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There are "three reasons not to sell the USD" says a new analysis from Credit Agricole that suggests the peak in GBP/USD might have been reached, for now at least.
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The Pound to Dollar exchange rate has appeared to establish a foothold above the 1.24 handle in recent trade and could rise further in the days and weeks ahead, although White House and Congression…
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The Pound to Dollar exchange rate pared earlier gains in the final session of the week but could reach one-year highs near 1.27 this quarter if the interest rate differential narrows in support of …
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"The rebound in the dollar this week clearly does not signal the start of a stellar comeback."
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The Dollar could be about to make another leg lower that will allow the Euro and Pound to rally to fresh multi-month highs before the northern hemisphere's summer sets in, however, a lull in price …
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