The British Pound continues to knock its head against a significant resistance level against the Dollar, a break of which is required to reignite the buying interest required to propel GBP/USD to new multi-year highs.
June 7,2021
\The U.S. Dollar retreated against the Euro, Pound and other major currencies following the release of a softer-than-expected set of labour market statistics out of the United States.
June 4,2021
The Dollar rose against the Pound, Euro and other major rivals as foreign exchange market participants looked to front-run a strong labour market report due out on Friday.
June 3,2021
The Pound-to-Dollar exchange rate was softer but off overnight lows in the mid-week session, alongside a once downtrodden Dollar, but could face further indecisive trading ahead as an evolving Federal Reserve (Fed) policy conversation leans against strength in Sterling.
June 3,2021
The Pound-to-Dollar exchange rate enters a holiday shortened week near the top of a tight range that has gripped it through much of May, the upper and lower bounds of which could be tested if-not overcome by Federal Reserve (Fed) policy talk or developments in Renminbi exchange rates.
June 1,2021
The Pound-to-Dollar exchange rate slipped from near recent multi-year highs on Friday and ahead of important inflation data from the U.S., which could bring terror anew to various markets if it or other prices data due out in the June month leads investors to invite 'Feddie Krueger’s' return to global bond street.
May 28,2021
The Renminbi stood tall against the Dollar and other China Foreign Exchange Trade System currencies on Friday including the Pound after a key level of USD/CNH began to melt steadily away, prompting analysts to set out or in some cases look anew at their forecasts for the world’s second largest currency.
May 28,2021
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