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.

July 14,2023

Powell appearance Sintra

The U.S. Dollar rebounded with a vengeance over the course of the midweek session, taking value from the Pound, Euro and all other G10 peers, and setting itself up for a strong finish to what has been a mixed first half of 2023.

June 29,2023

The recently popular Pound still retains some recent gains in relation to many currencies including the Dollar but a record increase in speculative buying over the recent week and a history of losses in these circumstances led some to view it as short-selling opportunity.  

June 28,2023

JP Morgan is Bullish USD heading into the second half of the year and identifies Pound Sterling as a candidate to absorb much of this strength.

June 28,2023

GBP/USD stalled by resistance near 1.2850 on chart, risks corrective losses back toward 1.2621 or below.

June 26,2023

The U.S. Dollar is on top amidst expectations for yet higher interest rates in the U.S. and other major developed economies that economists fear will lead to the kind of economic slowdown that typically favours the world's de facto currency.

June 23,2023

Powell will have another chance to convince the market about the Fed’s intentions.

June 22,2023

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