Morgan Stanley says it has "doubled down" on its bearishness towards the U.S. Dollar in 2023, prompting it to lift its Pound to Dollar exchange rate forecast.
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The price of copper is in the ascendency and one eagle-eyed currency market analyst has noted that this development could signal further potential upside for the British Pound.
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The Pound to Dollar exchange rate entered the new week on the front foot and could have scope to rise further in the days ahead but the recent loosening of 'financial conditions' risks invitin…
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The Pound to Dollar exchange rate climbed in the final session of the week to reach new highs for the fledgling year at times after being lifted on a raft of favourable economic data from both side…
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The Dollar has fallen too far, too fast says a foreign exchange analyst we follow, he says a rebound is highly likely.
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The Dollar retreated against the Pound and other major currencies after data reaffirmed that U.S. inflation had peaked and was in the process of slowing, keeping alive expectations the Federal Rese…
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GBP/USD will look to the release of U.S. inflation data on Thursday to further underpin its multi-week rally, with a softer-than-expected reading potentially even allowing for fresh highs to be tes…
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