The Pound to Dollar rate tumbled from the outset in the final session of the week with a dive below 1.30 bringing a major level of support near 1.2837 on the charts into view after UK economic data forced financial markets to reconsider the outlook for the Bank of England (BoE) Bank Rate.
April 22,2022
The Pound to Dollar exchange rate slipped back toward 1.30 in the penultimate session of the week as Sterling underperformed many others, and one trader at J.P. Morgan says he would be a seller on any rally back near 1.31.
April 21,2022
"The US dollar could be close to peaking" - MUFG.
April 25,2022
Western Union Business Solutions says GBP/USD could be poised to make a decisive break below 1.30 this week.
April 22,2022
The U.S. Dollar sits atop its peers as European and other global economies reopen following the easter break, with analysts citing the comments of a prominent member of the Federal Reserve for the new outperformance.
April 19,2022
The Pound to Dollar exchange rate remains suppressed and at risk of further lurches below 1.30 over the coming days due to continuing strength of the U.S. Dollar and likely side effects of a possible People’s Bank of China (PBoC) effort to fend off unwanted strength in the Renminbi.
April 19,2022
Economists say the U.S. economy might be witnessing peak inflation levels: could this also mean the peak in expectations for Federal Reserve interest rate hikes is also near, as is the top in the Dollar?
April 13,2022
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