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.
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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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The U.S. economy added 528K jobs in July, a number that more than doubled the 250K jobs the market was expecting and aided a rebound in the U.S. Dollar.
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The Pound to Dollar exchange rate slumped alongside other Sterling pairs on Thursday after the Bank of England (BoE) heaped further pressure onto already embattled companies and households with its…
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The U.S. Dollar reversed earlier losses to make intraday gains over some other major currencies after the Institute for Supply Management (ISM) Services PMI confounded market expectations by rising…
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