The number of Americans seeking out-of-work benefits rose last week, prompting a retreat in the Dollar and raising investor caution ahead of Friday's all-important non-farm payrolls release.
Read more … →A slowdown from an outstanding non-farm payroll print seems more than normal, and thus the dollar is unlikely to suffer if this is the case.
Read more … →GBP/USD fell to its lowest level since January 06 following comments from the Chair of the Federal Reserve, Jerome Powell.
Read more … →"A more modest 25bp hike on March 23rd could prove some downside risks to GBP/USD - perhaps to the 1.16/18 area" - ING.
Read more … →The Pound to Dollar exchange rate has remained subdued while the prospect of recovery has appeared to slip further from view in recent trade but Sterling still benefits from a thicket of technical โฆ
Read more … →The Dollar rebounded ahead of the weekend after a key survey of the U.S. economy came in stronger than markets were expecting.
Read more … →GBP/USD has retreated below the 1.20 level amidst a broader retreat in investor sentiment as investors feared inflation in the U.S. would be reluctant to retreat.
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