The Pound to Dollar exchange rate has rallied since the mid-month interval but strategists at HSBC are looking ahead to next week’s Bank of England (BoE) policy decision and suggesting that institutional clients of the bank consider selling in anticipation of a setback for Sterling.
November 3,2022
Dollar exchange rates were on course for a second consecutive decline in the final session of the week after the Federal Reserve (Fed) said that U.S. economic data will influence the remainder of its interest rate cycle and official figures showed the economy teetering on the edge of recession.
July 29,2022
"I reckon we will see the likes of GBP and EUR, currencies that have performed very poor so far this year, stage a recovery against the greenback".
August 2,2022
"Growth momentum is undoubtedly weakening amid headwinds such as rapid policy tightening"
August 11,2022
The Pound to Dollar rate extended an almost nine day rally before being stalled by technical resistance on the charts after the Federal Reserve (Fed) indicated it would likely raise interest rates in unspecified smaller increments if market concerns about the trajectory of the U.S. economy prove to be well founded.
July 28,2022
The Pound and Dollar could see elevated volatility over the coming 48 hours with the Federal Reserve expected to hike rates again on Wednesday and the release of U.S. GDP data Thursday.
August 2,2022
The Pound to Dollar exchange rate has been recovering since mid-July and could be on the cusp of crossing an important technical milestone that could signal a more durable recovery.
August 2,2022
Page 128 of 420