The Pound to Dollar exchange rate has remained subdued while the prospect of recovery has appeared to slip further from view in recent trade but Sterling still benefits from a thicket of technical supports located around 1.19 on the charts, which could continue to limit any losses in the days ahead.
March 6,2023
The Dollar rebounded ahead of the weekend after a key survey of the U.S. economy came in stronger than markets were expecting.
March 6,2023
GBP/USD has retreated below the 1.20 level amidst a broader retreat in investor sentiment as investors feared inflation in the U.S. would be reluctant to retreat.
March 2,2023
The dollar feels like it mildly overshot last week on month-end flows, but I don’t have any strong compulsion to get short USD yet. Rate differential charts generally look close to equilibrium. Here are a few I would highlight:
February 28,2023
The Pound to Dollar exchange rate has most recently succumbed to a broad rebound by the greenback that could be likely to constrain any attempted recoveries this week even if Sterling does itself manage to defy any further headwinds blowing in from across the Atlantic over the coming days.
February 27,2023
January's Core Personal Consumption Expenditures (PCE) Price Index was potentially an early warning of a nightmare scenario being in the pipeline for policymakers at the Federal Reserve (Fed) but analyst and economist views on the outlook for interest rates and the Dollar inevitably remain far from uniform.
February 24,2023
The Pound to Dollar exchange rate tumbled into key support levels on the charts in the final session of the week after the Federal Reserve's (Fed) preferred measure of inflation bounced notably in what might yet transpire to be a January harbinger of a renewed upturn.
February 24,2023
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