The Pound to Dollar exchange rate came within arm's reach of year-to-date highs when testing a major technical resistance level on the charts in the penultimate session of the week but will risk upset on Friday when the Federal Reserve's (Fed) preferred reading of inflation is announced.
March 30,2023
The Dollar lagged major peers as investors bet banking sector woes have passed and U.S. labour market data pointed to an increase in joblessness ahead.
March 30,2023
A move to 1.27 would offer Sterling sellers their greatest purchasing power since April 2022.
March 29,2023
Capital Economics, the independent economics research provider, maintains a view the Dollar will continue to strengthen over the coming weeks, but it should turn lower from around mid-year.
March 28,2023
GBP/USD recovery intact but facing resistance overhead.
March 27,2023
The Pound to Dollar exchange rate ebbed from almost two-month highs ahead of the weekend after being frustrated by a rebounding greenback that has so far precluded a third attempt by Sterling to overcome a major technical resistance level looming overhead on the charts.
March 26,2023
U.S. exchange rates were mostly underwater for the period in the final session of the week after the Federal Reserve (Fed) suggested that its interest might rise by less than was previously thought once all is said and done, leading some analysts to anticipate further declines for the Dollar up ahead.
March 24,2023
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