Morgan Stanley updates GBP forecasts, says GBP/EUR's peak has now passed, but GBP/USD to cross 1.20 in mid-2023.
August 30,2022
The Pound to Dollar exchange rate came apart at the seams last week but would sustain deeper losses in the days ahead if a busy U.S. economic calendar or commentary from Federal Reserve (Fed) officials enable U.S. bond yields and the Dollar to build further on a nascent comeback.
August 22,2022
'Peak Dollar' has not arrived say analysts at ING Bank, meaning the Pound's lows against the U.S. currency might still lie ahead.
August 22,2022
"The FX market is getting tired of waiting for the BoE to actually deliver something more hawkish." - HSBC's Dominic Bunning.
September 12,2022
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-packed economic calendar provides a catalyst for a fresh advance in the days ahead.
August 15,2022
The Pound is "in trouble" says an analyst at Société Générale, who is looking for a fresh decline in the Dollar to transpire.
August 10,2022
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 U.S. inflation figures offer a further incitement to the still-hawkish Federal Reserve (Fed).
August 8,2022
The Pound to Dollar exchange rate rallied to one month highs above 1.22 last week but the going could get tougher in the days ahead when it will navigate a minefield of U.S. economic data risks just as the shadow of the Bank of England (BoE) looms larger and larger over Sterling.
August 1,2022
"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
Wells Fargo confirms the Dollar will remain dominant over coming weeks, but strength should wane from the first quarter of 2023.
July 29,2022
The Pound to Dollar exchange rate ended last week back above 1.20 and may have an opportunity to recover further, with a test of the 1.21 handle a possibility, if the Federal Reserve (Fed) sticks on Wednesday to its June plan to steer interest rates toward a “modestly restrictive level” by year-end.
July 25,2022
Foreign exchange strategists at Morgan Stanley have upgraded their stance on the British Pound to neutral.
July 18,2022
The Pound to Dollar exchange rate corrected higher from near coronavirus crisis lows ahead of the weekend but could attempt to recover further lost ground with a run toward 1.20 in the days ahead if softer market pricing of the Federal Reserve (Fed) interest rate outlook continues to weigh on the greenback.
July 18,2022
The Pound to Dollar exchange rate has stubbornly recovered the 1.20 handle but faces a battle to hold onto it in the days ahead during which it will be at risk of a slide toward the round number of 1.18 and may have difficulties in extending any further advance far above the 1.21 level.
July 11,2022
GBP/USD down 1.45 already this week, could be at 1.15 by end-July, Terms of Trade suggest parity even possible.
July 7,2022
The British Pound will continue to lose value against the U.S. Dollar from current levels say foreign exchange strategists at JP Morgan.
July 5,2022
The Pound to Dollar rate tumbled back below 1.20 late last week but was quick to draw a corrective bid from the market and could attempt to reverse more of its recent decline if the greenback extends Friday's retreat from other currencies in the days ahead.
July 4,2022
Standard Chartered's wealth management division are bearish on the U.S. Dollar on a six to twelve month view as they sense a major turning point for global currency markets is approaching.
June 28,2022
The British Pound has not reached a bottom according to new research from UK high-street lender and international investment bank Barclays.
June 28,2022
The Pound to Dollar exchange rate has clung onto much of the gain made in the wake of June’s Bank of England (BoE) policy decision but without any further corrective decline by the Dollar, Sterling could be likely to consolidate within roughly a 1.2171 to 1.2323 range during the week ahead.
June 27,2022
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