The Pound to Dollar recovered on Friday after the release of US Inflation and Retail Sales data undershot expectations and raised questions about the strength of the US recovery.
May 12,2017
The Pound is expected to continue to soften in 2017 a leading investment bank has stated.
May 13,2017
The Pound has been falling against both the Euro and the Dollar on the morning after the Bank of England (BOE) rate meeting and the release of the BOE quarterly inflation report.
May 12,2017
The Bank of England (BOE) voted 7-1 to keep policy unchanged at their rate meeting today with only Kristin Forbes wanting to raise rates and the quarterly Inflation Report meanwhile shows a downgrade to growth forecasts for 2017. But, analysts warn against writing off the Pound's chances of recovering its losses.
May 12,2017
The Pound to Dollar could potentially see more downside following the BOE’s Super Thursday event, particularly if market participants are right about the Bank downgrading their growth forecasts.
May 11,2017
GBP/USD is likely to end the year at 1.3000, say Lloyds in their new set of forecasts
May 10,2017
Markets are unexpectedly subdued on Monday morning as we look to the week ahead.
May 9,2017
The number of people gaining employment in the US rose by a higher-than-expected 211k in April according to a report from the Bureau of Labour Statistics,
May 7,2017
A major barometer of Manufacturing activity in the UK, the Purchasing Manager Index, showed a marked gain on Tuesday after it rose to a three-year high of 57.3 in April from 54.2 in the month before.
May 2,2017
The USD Index dipped 0.08% after the release of manufacturing and inflation data which undershot expectations on Monday.
May 2,2017
Fears that the Federal Reserve (Fed) could scrap plans to raise interest rates by a quarter of a percent in June are exaggerated, says Nordea Bank’s Johnny Bo Jakobsen, in a note seen by Pound Sterling Live.
May 2,2017
GBP/USD has broken out of its previous range and run up to the 1.2950s, following Theresa May’s calling of a snap general election in June.
May 1,2017
TD Securities have released their latest set of forecasts in which they have promulgated their FX vision for the next two years.
April 30,2017
The US Dollar was little changed after the release of US Q1 GDP data despite results showing a much deeper slowdown than analysts had forecast.
April 28,2017
The Pound has shrugged off worse-than-expected GDP data and is continuing to rise.
April 28,2017
US tax cuts are likely to come with a hefty price tag, which will eventually weigh on the Dollar, argues HSBC’s David Bloom.
May 1,2017
The Pound is to remain weak during 2017 due to ‘imbalances’ in the economy and "political instability", argues HSBC’s David Bloom.
April 25,2017
The Pound to US Dollar is showing upside potential after last week’s general election-fuelled rally, and we estimate a new target at 1.3115 for the pair.
April 24,2017
