The Pound and Euro fell against the Dollar as a sell-off in a U.S. bank and disappointing corporate earnings prompted demand for traditional safe-haven currencies.
April 25,2023
There are "three reasons not to sell the USD" says a new analysis from Credit Agricole that suggests the peak in GBP/USD might have been reached, for now at least.
April 25,2023
The Pound to Dollar exchange rate has appeared to establish a foothold above the 1.24 handle in recent trade and could rise further in the days and weeks ahead, although White House and Congressional politics are much greater upside risks than any of the appointments sitting in the economic calendar.
April 24,2023
The Pound to Dollar exchange rate pared earlier gains in the final session of the week but could reach one-year highs near 1.27 this quarter if the interest rate differential narrows in support of Sterling but there are also risks to that forecast, according to BMO Capital Markets.
April 24,2023
"The rebound in the dollar this week clearly does not signal the start of a stellar comeback."
April 21,2023
The Dollar could be about to make another leg lower that will allow the Euro and Pound to rally to fresh multi-month highs before the northern hemisphere's summer sets in, however, a lull in price action might then be expected.
April 24,2023
The Dollar is finding itself bid in midweek trade amidst a broader turn lower in global equity markets, highlighting the currency's enduring safe-haven appeal.
April 24,2023
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