Foreign exchange analysts are considering the prospect of a near-term retreat in GBP/USD back below the psychologically significant 1.20 level.
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The Pound to Dollar exchange rate was toppled at six-month highs last week as deteriorating economic data and hawkish central banks drove a rout in risky assets but Sterling could benefit thi…
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The Pound to Dollar exchange rate fell further in the final session of the week to round off what was a bruising period for Sterling and many other currencies but it also appeared to be stabilising…
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The Dollar strengthened after the Federal Reserve raised interest rates by 50 basis points and lifted its projections of where it expects interest rates to settle at the end of the hiking cycle in …
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GBP/USD is in a clearly defined short-term rally but Wednesday evening's Federal Reserve rate decision is the second of three hurdles the exchange rate must leap ahead of the Christmas break.
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The Federal Reserve will feel justified in slowing down the pace it raises interest rates after U.S. inflation roundly underwhelmed expectations in November.
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Fed to push up projections for peak interest rates, overall supportive of USD says Goldman Sachs.
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