GBPUSD hit a new one-year high at 1.2668 at the start of the week but technical analysis reveals it is looking stretched ahead of a key U.S. inflation release and Thursday's all-important Bank of England decision.
May 9,2023
The U.S. dollar gained some ground versus the euro, the pound, and the yen yesterday, but underperformed against the risk-linked aussie, kiwi and loonie.
May 9,2023
The Pound to Dollar exchange rate climbed to a fresh one-year high to open the new week but shifting market expectations of the Federal Reserve (Fed) and new Bank of England (BoE) inflation forecasts are just two of the factors that could yet lead it to run aground in the days ahead.
May 9,2023
Non-Farm Payrolls have now exceeded expectations for a record 13 straight months.
May 5,2023
Investors are being told to position for further spasms in the U.S. regional banking space, a development that could lead to further declines in some equities, bonds and the Dollar.
May 5,2023
GBP/USD reached its highest level in a year at 1.26 following fresh signs of banking sector stress in the U.S.
May 9,2023
Most U.S. Dollar exchange rates slipped lower in the penultimate session of the week after the Federal Reserve (Fed) raised interest rates and broadened its options in relation to future policy decisions but this and multiple other factors mean that analyst and economist views on the outlook are more nuanced than market prices might imply.
May 5,2023
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