Seasonal factors could help extend a recent recovery in the Pound to Dollar exchange rate say foreign exchange analysts at Société Générale.
June 16,2022
The Pound to Dollar exchange rate has staged a robust rebound from the depths of its mid-month lows but could struggle for further traction over the coming days as key U.S. economic reports garner the lion’s share of market attention in what will be a quiet period for the UK economic calendar.
May 30,2022
The Pound to Dollar rate edged further back above the 1.25 level following the release of minutes from the May Federal Reserve (Fed) meeting, which confirmed that U.S. policymakers could be likely to rethink their interest rate stance if certain economic conditions are met in the months ahead.
May 30,2022
The U.S. Dollar rallied through the midweek session amidst poor investor sentiment and ahead of the release of the minutes of the Federal Reserve's May meeting.
May 26,2022
if BNY Mellon are correct the Pound-Dollar exchange rate's current rally is likely to have its limits before another meaningful leg lower ensues.
May 30,2022
"A recovery in risk demand in the markets and GBP/USD reaching 1.2750 as early as this week could be an additional confirmation signal that forex was the first to recover from the bearish pressure"
May 24,2022
The Pound to Dollar rate has recovered sharply from two-year lows following a favourable turn in UK economic data and a rebound by a heavily sold Chinese Renminbi, which could potentially lift it further this week and may even prompt a test of technical resistance up near 1.2662 on the charts.
May 23,2022
Page 91 of 376
