A strong GDP reading for the second quarter won't derail a September interest rate cut say analysts.
July 25,2024
The Pound to Dollar exchange rate's advance has paused just short of the 1.30 barrier. Upcoming U.S. retail sales and UK inflation figures will determine whether a deeper pullback now emerges.
July 16,2024
The Dollar fell notably after the U.S. reported that inflation shrunk last month, indicating the likelihood of an interest rate cut in September.
July 12,2024
The Dollar was sold after a U.S. labour market report showed conditions continuing to cool, bolstering expectations for an interest rate cut from the Federal Reserve at the September policy meeting.
July 6,2024
The Dollar was lower after a U.S. labour market survey printed softer than anticipated and boosted the odds of an interest rate cut at the Federal Reserve in September.
July 5,2024
The Federal Reserve can consider an interest rate cut in September according to analysts reacting to a key inflation reading that has fallen to a three-year low.
June 28,2024
There are high odds the U.S. economy could be in recession by 2025, according to a new assessment by BCA Research.
June 19,2024
The Federal Reserve is on course to cut interest rates in September and again in December, according to economists.
June 13,2024
The Dollar was sold widely and stock markets rallied after U.S. inflation printed below expectations.
June 12,2024
Dollar exchange rates rallied after the U.S. printed red-hot job numbers that will raise questions of whether an interest rate cut in 2024 is at all tenable.
June 13,2024
Dollar exchange rates rose across the board after the U.S. services PMI beat expectations and eased fears that the economy was sliding into recession.
June 13,2024
US growth expectations have dramatically decreased, raising concerns about an impending recession, says Albert Edwards, Société Générale SA's chief global strategist.
June 5,2024
New labour market figures from the U.S. show further cooling in conditions, raising fears that the U.S. economy is sliding into a recession.
June 4,2024
The Pound to Dollar exchange rate hit its highest level in 12 weeks on Tuesday amidst renewed USD weakness and analysts see potential for further advances if upcoming U.S. job figures disappoint.
June 5,2024
The Dollar was softer after a key measure of U.S. inflation undershot expectations, keeping alive expectations that the Federal Reserve will cut interest rates later this year.
May 31,2024
Expectations for a Federal Reserve (Fed) rate cut in September are gaining traction, shaping market sentiment and the Dollar's movement.
May 16,2024
Pound Sterling rallied against the Dollar after a key U.S. inflation print undershot expectations and retail sales showed a notable retracement in spending during April.
May 17,2024
Dollar exchange rates soon recovered following news that prices at U.S. producers rose sharply last month, giving rise to fears inflation continues to accelerate.
May 14,2024
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Dollar exchange rates were flattened by a decidedly soft U.S. jobs report that brings a Federal Reserve rate cut looming into sight.
May 3,2024
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