"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.
Read more … →The dollar feels like it mildly overshot last week on month-end flows, but I donโt have any strong compulsion to get short USD yet. Rate differential charts generally look close to equilibriumโฆ
Read more … →The Pound to Dollar exchange rate has most recently succumbed to a broad rebound by the greenback that could be likely to constrain any attempted recoveries this week even if Sterling does itself mโฆ
Read more … →January's Core Personal Consumption Expenditures (PCE) Price Index was potentially an early warning of a nightmare scenario being in the pipeline for policymakers at the Federal Reserve (Fed) โฆ
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