Pound and the Bank of England

With Pound Sterling under siege the Bank of England has little choice other than to deliver a rate hike that exceeds 25 basis points, according to economists.

June 15,2022

Pound to Dollar rate and the Fed

Pound Sterling could be in with a shot at recovering against the Dollar if the Federal Reserve underwhelms market expectations at the release of their June policy decision, due at 19:00 BST.

June 16,2022

The Pound to Dollar exchange rate entered the new week nursing fresh wounds near two-year lows and would risk further heavy losses in the days ahead without a ‘hawkish’ surprise from the Bank of England (BoE) or a possibly unlikely show of patience from the Federal Reserve (Fed).  

June 15,2022

The Pound to Dollar rate slumped heavily in the final session of the week with many currencies coming under pressure after official data showed U.S. inflation climbing further during May in defiance of market expectations for it to ease and with possible implications for Federal Reserve (Fed) policy. 

June 15,2022

U.S. recession and the Dollar

Odds of U.S. recession rising say economists, and this is USD supportive says HSBC research.

June 15,2022

The Pound extended gains while other currencies escaped from under the Dollar’s boot on Tuesday after international trade data showed U.S. demand for imported consumer items falling during April in an outcome that could be pertinent for the Federal Reserve (Fed) monetary policy outlook.

June 8,2022

The Pound to Dollar rate enters the new week with its back against the ropes near the 1.25 handle and could struggle to hold off a buoyant greenback ahead of Friday’s all-important U.S. inflation figures for May, which could be key to whether Sterling is able to avoid a retest of last month’s lows.

June 6,2022

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