News and Analysis of Events and Decisions Made at the US Federal Reserve (the US Fed)
The Pound to Dollar rate tumbled from the outset in the final session of the week with a dive below 1.30 bringing a major level of support near 1.2837 on the charts into view after UK economic data forced financial markets to reconsider the outlook for the Bank of England (BoE) Bank Rate.
April 22,2022
The Pound to Dollar exchange rate neared 2022 lows in the final session of the week as U.S. government bond yields rose further and the greenback’s strength broadened, leaving Sterling vulnerable in the context of recent uncertainty about the Bank of England (BoE) interest rate outlook.
April 8,2022
The Pound to Dollar rate was left subdued near to 1.30 and at risk of further losses following the release of minutes from the March Federal Reserve (Fed) meeting, which suggested that financial markets are yet fully appreciate the pending shift in U.S. monetary policy.
April 7,2022
Dollar exchange rates lifted following the comments as markets braced for a more rapid ascent in U.S. interest rates than had previously been expected.
March 23,2022
"Overall, GBP is expected to trade on a firm footing as long as it does not move below 1.3040 within these few days" - UOB.
March 18,2022
"To improve labor supply, the Fed might try to put volatility in its service to engineer a correction in house prices and risk assets – equities, credit, and Bitcoin too," says Zoltan Pozsar of Credit Suisse.
February 17,2022
February 17,2022
January 27,2022
January 6,2022
The Federal Reserve spooked markets and boosted the Dollar after revealing it could raise interest rates as soon as March, opening the door to a potential four rate hikes in 2022.
January 6,2022
A 'hawkish' Federal Reserve decision to speed up the pace at which it reduces supportive monetary policy was not enough to boost the Dollar, suggesting the market might now be fully priced for the removal of stimulus over coming years.
December 16,2021
GBP/USD nurses wounds near 2021 lows and downside risks abound as Fed could hasten its QE taper and rate rises earlier than anticipated.
November 25,2021
The bid to the Dollar following Biden's decision suggests an element of the market was positioned for a surprise whereby Brainard was appointed.
November 22,2021
The British Pound rallied against the Dollar in the immediate wake of the Federal Reserve's November policy update to record a half-percent gain on the day.
November 4,2021
The Pound-to-Dollar exchange rate was close to 2021 lows and vulnerable to further losses after the Federal Reserve turned ‘hawkish’ in its guidance.
September 23,2021
The Pound-to-Dollar exchange rate entered the Thursday session on the back foot but having weathered better than many others the Federal Reserve’s revelation that it will likely announce as well as commence a tapering of its quantitative easing programme before year-end, triggering a rally by the Dollar in response.
August 19,2021
Dollar demand is intact with no less than three Federal Reserve members having already this week said the time to start reducing the Fed's asset purchase programme is fast approaching.
August 10,2021
Comments from a prominent member of the Federal Reserve sent a message to foreign exchange markets that the Dollar will likely remain supported against the Euro for a while yet, delaying the prospects of a material recovery in the Euro-to-Dollar exchange rate (EUR/USD).
August 5,2021
The Pound-to-Dollar exchange rate entered the penultimate session of the week probing the 1.39 handle following overnight Dollar declines that came after Federal Reserve Chairman Jerome Powell took with one hand what the bank itself had previously appeared to give with the other.
July 29,2021
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