The British Pound will continue to lose value against the U.S. Dollar from current levels say foreign exchange strategists at JP Morgan.
July 5,2022
The Pound to Dollar rate tumbled back below 1.20 late last week but was quick to draw a corrective bid from the market and could attempt to reverse more of its recent decline if the greenback extends Friday's retreat from other currencies in the days ahead.
July 4,2022
Pound Sterling started July deep in the red against the Dollar and Euro, and further losses are likely says a leading analyst.
July 1,2022
Pound Sterling recovered lost ground from a retreating Dollar in the penultimate session of the week but the latest from the Federal Reserve (Fed) and Bank of England (BoE) suggests the outlook is hinged on the future direction of U.S. inflation and the UK’s currently faltering economy.
November 3,2022
Standard Chartered's wealth management division are bearish on the U.S. Dollar on a six to twelve month view as they sense a major turning point for global currency markets is approaching.
June 28,2022
The Pound to Dollar exchange rate has clung onto much of the gain made in the wake of June’s Bank of England (BoE) policy decision but without any further corrective decline by the Dollar, Sterling could be likely to consolidate within roughly a 1.2171 to 1.2323 range during the week ahead.
June 27,2022
Expectations for the scale of interest rate hikes at the major central banks might have peaked, which might mean financial and foreign exchange markets have witnessed an important turning point.
June 24,2022
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