Matt Weller, Global Head of Research of City Index, details what to watch on the path to pound parity.
September 21,2022
The Pound to Dollar exchange rate slipped to new forty year lows at the opening of a holiday-shortened week but could be headed for some exceptional volatility including a possible midweek rally by Sterling as well as potential 'Black Thursday' style slump toward its lows from 1985.
September 21,2022
The Pound rallied as the Dollar slipped from new highs ahead of the weekend and after a University of Michigan (UoM) survey suggested U.S. consumers' expectations of short and medium-term inflation ebbed in September, although that might not be the most important detail of the survey.
September 17,2022
The headwinds facing the British Pound are "very strong" according to new analysis from Rabobank, which forecasts the printing of fresh 2022 lows against the U.S. Dollar within weeks.
September 16,2022
The U.S. Dollar rally of 2022 may be in its final throes and in part because there's a risk of either a Volckerian Federal Reserve (Fed) decision next Wednesday or of a market disappointment with the outcome, and each could be enough to see 2022’s Dollar rush turning into a great U.S. Dollar flush.
September 15,2022
The Pound and Euro fell sharply against the Dollar in response to Tuesday's U.S. inflation reading, but in midweek trade both European currencies have pared a good portion of these losses.
September 14,2022
The Dollar rose sharply after data showed U.S. inflation is running hotter than markets were expecting, meaning the Federal Reserve will be emboldened in its desire to raise interest rates.
September 13,2022
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