The Pound to Dollar exchange rate can extend higher in the short-term according to a new analysis released following the release of UK GDP data that showed a rebound in activity during August.
October 12,2023
The Pound to Dollar exchange rate is looking to record a sixth consecutive daily advance amidst increasing signs the Federal Reserve is content to leave interest rates unchanged in November.
October 11,2023
Investors should monitor Israel's rhetoric around any Iranian involvement in the recent Hamas terrorist attacks over the coming days and weeks, as this would signal a meaningful deterioration in geopolitics is underway.
October 11,2023
The Dollar found little support from elevated tensions in the Middle East and has retreated further from last week's highs after members of the Federal Reserve helped stem a selloff in U.S. Treasuries by signalling that perhaps enough has been done by way of raising interest rate hikes.
October 10,2023
GBPUSD short-term outlook remains positive, but strength to be limited given broader USD dynamics.
October 10,2023
The Dollar surged alongside treasury yields and stock markets tanked after the U.S. reported a surprisingly strong jobs report for September, raising the odds of further hikes at the U.S. Federal Reserve ahead of year-end.
October 9,2023
The Pound to Dollar exchange rate (GBPUSD) is nursing a slight loss for the week but a key U.S. labour market release will determine with Pound Sterling records a fifth consecutive negative weekly close.
October 6,2023
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