The Brtish Pound's rapid climb against the U.S. Dollar risks stalling, says a currency strategy note from HSBC.
September 17,2024
Dollar exchange rates are lower across the board despite news of a second assassination attempt on Donald Trump.
September 16,2024
The Pound to Dollar exchange rate could test the 2024 high at 1.3250 if the Federal Reserve cuts interest rates by 50 basis points this week.
September 16,2024
The British Pound is looking better supported against the Dollar, which sets up a platform for a more substantive rebound heading into next week's Federal Reserve interest rate cut.
September 13,2024
The Dollar was stronger after U.S. inflation beat expectations in August, with the important core CPI inflation reading hitting 0.3% m/m, beating consensus expectations of 0.2%.
September 11,2024
The Pound to Dollar exchange rate (GBP/USD) trades higher in midweek trade, with some analysts attributing a weaker USD to a strong showing by U.S. Presidential Candidate Kamala Harris.
September 11,2024
We forecast further losses for the Pound against the Dollar in the coming week, but we think downside will be limited to 1.3036.
September 9,2024
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