Pound Sterling will come under further pressure against the Dollar if today's U.S. marquee job report comes in strong.
October 4,2024
The Dollar extended an already sizeable daily advance against the British Pound after new data showed U.S. economic growth found fresh momentum.
October 3,2024
Markets think there is now a chance the Bank of England cuts 50 basis points before year-end, courtesy of Governor Andrew Bailey's latest comments.
October 3,2024
Safe haven demand for the Dollar spiked on fears of an Iranian ballistic missile attack on Israel.
October 2,2024
The Dollar is bid at the start of the new month and final quarter of 2024, helped along by Federal Reserve Chair Jerome Powell's latest guidance on interest rates.
October 1,2024
Year-to-date, the GBP/USD is up about 5.3%. While the potential to extend these gains is there, the cable is now less than 70 pips away from testing a key long-term resistance zone between 1.3500 and 1.4000.
September 30,2024
The Pound to Dollar exchange rate can continue to advance in the coming days according to our Week Ahead Model. Fedspeak and U.S. payrolls are the fundamental risks to the positive setup.
September 30,2024
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