The Pound, Euro and other major currencies rose against the Dollar in an initial response to the Federal Reserve's decision to raise interest rates by 25 basis points.
March 26,2023
GBP/USD eases back from Monday highs as odds of Weds. Fed rate hike rise again.
March 23,2023
The Pound to Dollar exchange rate has remained buoyant near to six-week highs in recent sessions but could edge higher still this week if global markets stabilise ahead of eagerly awaited interest rate decisions from the Federal Reserve (Fed) and Bank of England (BoE).
March 26,2023
The high-profile failures of some small U.S. lenders and the resulting federal effort to prevent panic among depositors elsewhere have led financial markets to revise their outlooks for the Federal Reserve (Fed) interest rate while prompting analysts and economists to reconsider their forecasts.
March 14,2023
Dollar exchange rates were unable to recoup losses on Tuesday after U.S. inflation came in largely as expected, even if the Core CPI inflation reading was somewhat hotter than expected.
March 14,2023
USD has slumped as markets bet Fed to limit rate hikes but could rebound as analysts say inflation to remain a priority.
March 14,2023
USD lower as Fed funds futures show market participants are assigning nearly even odds for a quarter-point increase or no action at all next week and a rate cut by year-end.
March 13,2023
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