Foreign exchange analysts at ING Bank have given their view of what the 2021 budget might mean for Sterling, saying it will likely be a net giveaway that aids the upside case for the currency.
March 3,2021
Despite being the best performing major currency of the past week, and being a mid-performer in the G10 this year - foreign exchange analysts remain unshaken in their view that 2021 will be a year of decline for the currency.
March 3,2021
The U.S. Dollar is now the best performing G10 currency of the past week and analysts say that those watching Pound Sterling should be prepared for a deeper correction lower before the current impulse of selling subsides.
March 2,2021
The Pound-to-Dollar exchange rate went out Friday on its back foot after risk assets hit a global bond market speed bump following an earlier rally that took Sterling to 2018 highs, which will be back in prospect this week as and when the dust settles in international financial markets.
March 1,2021
The Dollar surged on Friday as widespread gains lifted most U.S. exchange rates and pushed the ICE Dollar Index more than half a percent higher, although price action reflected what was at times a phantom rally for the U.S. currency, as it went much easier on the trade-weighted Dollar complex.
February 26,2021
The British Pound has unwound recent gains as its stellar 2021 performance is dented by a global sell-off in government bonds and an associated equity market slump.
February 26,2021
A subtle shift in guidance by U.S. Federal Reserve Chairman Jerome Powell has done enough to send the Dollar lower against the Pound, Euro and other major currencies once more.
February 26,2021
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