The GBP to USD exchange rate rose to 1.3040 after U.S. core CPI inflation rose 0.3% month-on-month in March, down on the 0.5% printed in February and underwhelming against the 0.5% the market was looking for.
April 12,2022
The Pound to Dollar exchange rate could only make a meaningful rebound around the middle of 2022, according to new analysis.
April 12,2022
GBP/USD vulnerable & could slide below 1.30, risks further slippage toward 1.28 short-term.
April 11,2022
The Pound to Dollar exchange rate neared 2022 lows in the final session of the week as U.S. government bond yields rose further and the greenback’s strength broadened, leaving Sterling vulnerable in the context of recent uncertainty about the Bank of England (BoE) interest rate outlook.
April 8,2022
The Pound to Dollar rate was left subdued near to 1.30 and at risk of further losses following the release of minutes from the March Federal Reserve (Fed) meeting, which suggested that financial markets are yet fully appreciate the pending shift in U.S. monetary policy.
April 7,2022
The Pound to Dollar exchange rate slipped back toward 18-month lows week owing to a strong Dollar and growing uncertainty about the Bank of England (BoE) interest rate outlook, which could continue to limit Sterling’s scope for recovery over the coming days.
April 4,2022
The Pound to Dollar exchange rate is likely on course for a return to 1.28 and its lowest level since September 2020, according to strategists at Nomura, who say that selling Sterling remains one of their preferred strategies for trading the Federal Reserve’s (Fed) effort to reign in U.S. inflation.
March 30,2022
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