U.S. Economy

Fitch Ratings' downgrade of one of America's credit ratings was widely dismissed as either a work of irrelevance or something founded on flawed analysis Wednesday but the same couldn't be said for countries and economies borrowing in foreign currencies. 

The Pound to Dollar exchange rate extended losses toward landmark levels on the charts Tuesday when results of an influential survey told of a so far underwhelming rebound in the U.S. manufacturing sector for July but also indicated scope for a recovery in the months ahead. 

The Pound to Dollar exchange rate stalled in an earlier rally in the final session of the week after data suggested the Federal Reserve (Fed) is close to reaching its inflation target and that consumer spending continues to outpace income growth in the U.S. against the backdrop of a seemingly brightening picture in Europe.

Goldman Sachs has lowered the odds the U.S. will fall into recession saying the disinflation process can continue without the need for a more material economic slowdown.

The U.S. is now likely to pull off the perfect 'soft landing' as it the economy will likely avoid recession, according to deVere Group.

The Dollar fell after U.S. inflation figures came in below expectations and further eased pressure on the U.S. Federal Reserve to raise interest rates beyond July's anticipated hike.

The Pound to Dollar exchange rate was notably higher after a key U.S. jobs report undershot against market expectations prompting an easing in Federal Reserve rate hike expectations.

The Pound to Dollar exchange rate (GBPUSD) relinquished a strong daily advance following the release of a string of stronger-than-expected data that confirmed to markets there was little room for the Federal Reserve to end its rate hiking cycle.

A host of above-consensus economic data releases has boosted U.S. bond yields and the Dollar as investors position for further Federal Reserve rate hikes.

The Dollar was sold after official figures confirmed U.S. inflation is falling sharply amidst an ongoing decline in the price of energy and a broader easing of price pressures, opening the door for the Federal Reserve to keep interest rates unchanged on Wednesday.

As the United States edges closer to the summer months, price pressures are easing across several dominant sectors, namely food, utilities, healthcare, and apparel, according to Truflation.

The Pound to Dollar exchange rate put in a strong show through the course of morning New York trade with the pair rising to 1.25 again.

The odds of a U.S. recession have receded says Goldman Sachs.

The odds of a June interest rate hike remain low as the latest U.S. jobs report will give the Federal Reserve reason to pause and suggests the Dollar's recent setback can extend.

The Euro to Dollar exchange rate whip-sawed in volatile trade ahead of the weekend after the preferred inflation measure of the Federal Reserve (Fed) confirmed a continued stubborn elevation of price pressures in April while also appearing to highlight robust domestic consumption.

The initial estimate of first-quarter U.S. GDP growth was revised higher on Thursday with the upgrade attributed to a range of factors, although corporate profitability was reported to have fallen in what may have been the result of high inflation as well as efforts to contain it.

nvestors should remain reactive to any unexpected outcomes of the current U.S. debt ceiling negotiations says a strategist we follow, with another saying the issue offers a welcome opportunity to cut spending at a time of high inflation.

The Dollar fell to fresh multi-month lows against Pound Sterling after new data showed inflation in the world's largest economy continued to cool, raising expectations the Federal Reserve has ended its interest rate hiking cycle.

Non-Farm Payrolls have now exceeded expectations for a record 13 straight months.

A batch of U.S. data printed relatively firmly on Thursday, offering support to the Dollar just days before the U.S. Federal Reserve's next policy decision.