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The Dollar was up sharply against major peers following the release of U.S. inflation numbers that were significantly stronger than expected.
July 13,2021
The Pound could experience some heightened volatility against the U.S. Dollar on Tuesday as foreign exchange traders take a cue from U.S. inflation data.
July 13,2021
The Pound-to-Dollar exchange rate enters the new week in the higher end of its likely range and could be volatile over the coming days as the market digests commentary from the Federal Reserve (Fed) while processing economic data from the UK, U.S. and other major economies.
July 11,2021
The UK economy grew 24.6% in the year to May, an impressive headline figure flattered by the economic crash a year earlier but one that nonetheless is softer than the 25.9% the market had been expecting.
July 9,2021
The Pound-to-Dollar exchange rate entered the penultimate session of the week appearing well supported after minutes of June’s Federal Reserve (Fed) meeting asked awkward questions of market assumptions about the bank’s timeline for ending its quantitative easing (QE) programme and lifting interest rates.
July 8,2021
The Dollar is finding support amidst renewed investor anxieties over medium-term global growth according to new research, suggesting those watching this currency will have more than just the U.S. Federal Reserve and inflation expectations to consider.
July 7,2021
The strong performance of the U.S. Dollar through the mid-year period has caught many in the foreign exchange market by surprise, but currency analysts at a leading Swiss bank are sticking with their view that the Dollar will underperform longer-term.
July 6,2021
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.