On a day of PMI data releases it is the UK which has surprised positively while the Eurozone and U.S. have all delivered sizeable downside surprises.
June 23,2022
"We maintain our view that the USD is likely to be stronger for longer" - Rabobank.
June 21,2022
The Pound to Dollar rate rebounded sharply from near March 2020 lows last week and could look to extend its recovery in the days ahead but much depends on U.S. bond yields and the impact of remarks from Federal Reserve (Fed) policymakers as well as a looming flurry of UK economic figures.
June 20,2022
The Federal Reserve will continue to hike by sizeable increments that will maintain conditions for further Dollar strength say analysts.
June 20,2022
Dollar exchange rates pared away overnight losses in Europe on Thursday after Chairman Jerome Powell said there is broad support at the Federal Reserve (Fed) for lifting its interest rate to a “modestly restrictive” level during the months ahead in remarks that validated financial market expectations.
June 16,2022
With Pound Sterling under siege the Bank of England has little choice other than to deliver a rate hike that exceeds 25 basis points, according to economists.
June 15,2022
Pound Sterling could be in with a shot at recovering against the Dollar if the Federal Reserve underwhelms market expectations at the release of their June policy decision, due at 19:00 BST.
June 16,2022
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