Some reprieve for the British Pound against its U.S. counterpart after the release of the monthly U.S. jobs report provided traders with some rare summertime volatility.
July 2,2021
The currency market turned on its head following June's shift in policy guidance from the Federal Reserve but follow-on commentary from bank officials suggests there's now an even larger disconnect between expectations of those who set interest rates, and those who invest in them, which is a potential vulnerability for the Dollar.
July 1,2021
The U.S. Dollar recorded a 2.0% advance against the British Pound in the month of June and how the coming days and weeks play out for the U.S. currency could well depend on the July 02 jobs report.
July 1,2021
"Dollar strength creates tremors across markets," says Chris Beauchamp, Chief Market Analyst at IG, touching on the key global currency theme as the turn of month approaches.
June 29,2021
The Pound-to-Dollar exchange rate enters the new week looking to stabilise near the lower end of a multi-month range but could be susceptible to any renewed recovery attempt by the Dollar after the Bank of England (BoE) neglected to give Sterling a pretext for extending its own 2021 gains last week.
June 28,2021
The Pound has ahead of the weekend failed to rebound from the lows triggered in the wake of the Bank of England policy update and is in fact looking decidedly more heavy.
June 25,2021
Foreign exchange analysts at Wall Street investment bank JP Morgan have said they are reinstating their bullish forecasts on the U.S. Dollar in the wake of the June Federal Reserve (Fed) policy update.
June 25,2021
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