The U.S. Dollar's ongoing demolition of other currencies swallowed more than $500BN of official reserves in the second quarter, according to International Monetary Fund (IMF) data, and from this itโฆ
Read more … →The Dollar is serving up a reminder that it remains the preferred asset in the current complex and uncertain global economic environment.
Read more … →Where is the key resistance for this market and how far does it have to climb before it can reverse the damage wrought by Truss and her team?
Read more … →The Pound to Dollar rate climbed back above 1.14 to extend a six-day recovery as U.S. exchange rates eased across the board following the release of data suggesting the number of U.S. job vacanciesโฆ
Read more … →Dip below 1.10 likely again says BMO, Kwarteng's tenure as Chancellor will be a short one.
Read more … →The Pound to Dollar exchange rate has been on a rollercoaster ride of late but could find itself better supported if there is a determined attempt by the Peoples' Bank of China (PBoC) to stabilise โฆ
Read more … →UK financial markets have been in turmoil since the UK Prime Minister Liz Trussโ mini-Budget.
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