The Pound to Dollar exchange rate was toppled at six-month highs last week as deteriorating economic data and hawkish central banks drove a rout in risky assets but Sterling could benefit this week if the forthcoming holiday period leads the speculative market to lighten up on its own risk for a while.
December 19,2022
The Pound to Dollar exchange rate fell further in the final session of the week to round off what was a bruising period for Sterling and many other currencies but it also appeared to be stabilising above its nearby 200-day moving-average ahead of the weekend.
December 19,2022
The Dollar strengthened after the Federal Reserve raised interest rates by 50 basis points and lifted its projections of where it expects interest rates to settle at the end of the hiking cycle in 2023.
December 19,2022
GBP/USD is in a clearly defined short-term rally but Wednesday evening's Federal Reserve rate decision is the second of three hurdles the exchange rate must leap ahead of the Christmas break.
December 19,2022
The Federal Reserve will feel justified in slowing down the pace it raises interest rates after U.S. inflation roundly underwhelmed expectations in November.
December 19,2022
Fed to push up projections for peak interest rates, overall supportive of USD says Goldman Sachs.
December 13,2022
Rate decisions by the Federal Reserve, Bank of England and European Central Bank make for a nervous week ahead for the GBP/USD and EUR/USD.
December 12,2022
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