The Pound to Dollar exchange rate attempted to extend its month-long recovery last week but was unable to establish a new high and could now be headed for a period of consolidation unless an action…
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Currency trends have been disrupted by a Federal Reserve that has hitched its interest rate outlook to an economic picture yet to be completed but a highly successful Natwest Markets model suggests…
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USD fell after U.S. inflation data out midweek in a taster of things to come says Nordea, just not quite yet.
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The Dollar fell widely after both official measures of U.S. inflation came in lower than anticipated for July, fuelling market speculation about a possible peak in price pressures and eliciting muc…
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GBP/USD rose by over a percent on the day to 1.2214 after U.S. CPI inflation rose 8.5% in the year to July, coming in below June's 9.1% and the consensus expectation for a reading of 8.7%.
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The Pound is "in trouble" says an analyst at Société Générale, who is looking for a fresh decline in the Dollar to transpire.
Read more … →The Pound to Dollar exchange rate drew a bid from the market when falling near to the 1.20 handle ahead of the weekend but could slip back toward or even below that level later this week if July’s …
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