The Dollar is serving up a reminder that it remains the preferred asset in the current complex and uncertain global economic environment.
October 5,2022
Where is the key resistance for this market and how far does it have to climb before it can reverse the damage wrought by Truss and her team?
October 5,2022
The Pound to Dollar rate climbed back above 1.14 to extend a six-day recovery as U.S. exchange rates eased across the board following the release of data suggesting the number of U.S. job vacancies fell sharply in August.
October 4,2022
Dip below 1.10 likely again says BMO, Kwarteng's tenure as Chancellor will be a short one.
October 4,2022
The Pound to Dollar exchange rate has been on a rollercoaster ride of late but could find itself better supported if there is a determined attempt by the Peoples' Bank of China (PBoC) to stabilise the Renminbi in the Golden Week holiday and lead up to a key mid-October political event for China.
October 3,2022
UK financial markets have been in turmoil since the UK Prime Minister Liz Truss’ mini-Budget.
September 28,2022
The Pound has fallen far enough near-term to adjust to the changed financial dynamics facing the UK economy, say researchers at RBC Capital Markets.
September 27,2022
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