07 March 2023 GBP/USD: Beware Dips into 1.16/18 Area

"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 … →
06 March 2023 GBP/USD Week Ahead Forecast: Underpinned by Thicket of Supports

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 โ€ฆ

Read more … →
03 March 2023 U.S. ISM Report is the Latest in a String of Positive Data Runs

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 … →
02 March 2023 GBP/USD Rate Extends Below 1.20 in Wake of Jobless Claims Figures

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 … →
28 February 2023 Don't Sell Dollars Until After the Devilers Tame the Inflation Beast

The dollar feels like it mildly overshot last week on month-end flows, but I donโ€™t have any strong compulsion to get short USD yet. Rate differential charts generally look close to equilibriumโ€ฆ

Read more … →
27 February 2023 GBP/USD Week Ahead Forecast: Resisting North Atlantic Headwinds

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 mโ€ฆ

Read more … →
24 February 2023 U.S. Dollar and the Fed's Top Inflation Gauge: Analyst and Economist Views

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) โ€ฆ

Read more … →