The Dollar rose broadly after the head of the U.S. central bank sparked renewed expectations for further interest rate hikes as he expressed concern that inflation would remain too high over the coming months.

November 10,2023

The British Pound could be on course to record a fourth successive daily loss and the technical setup advocates for further declines, according to a new analysis.

November 9,2023

Foreign exchange strategists at HSBC are sellers of the British Pound because recent interest rate developments leave the currency looking over-priced while economic headwinds limit its attractiveness.

November 8,2023

GBPUSD was unable to make much headway beyond a key technical level that lies just above 1.24 and now risks falling back to 1.2250 over the coming days.

November 7,2023

The Pound to Dollar exchange rate rose by over a per cent to retake 1.23 and further improve its short-term setup following the release of U.S. labour market statistics that disappointed against expectations.

November 6,2023

GBPUSD's technical setup has improved notably following Friday's surge but any further upside progress will be tested by this week's UK GDP data release and speeches from the Bank of England's Andrew Bailey and the U.S. Federal Reserve's Jerome Powell.

November 6,2023