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The Pound has rallied to a new three-month best against the Dollar as the major unwind of the U.S. currency sparked by last week's U.S. inflation data release extends.
November 15,2022
GBP/USD in strong comeback, suggests the multi-year low is now in.
November 14,2022
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
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