Near-term equity market inflows linked to bumper IPOs bolstering the dollar, but longer-term weakness still on the cards.
A busy week of U.S. data will set the tone for the dollar.
Hawkish Fed Shift to Smother Pound-Dollar
- Category: USD
GBP/USD risks 1.3050 if the Fed rate hike story gathers traction, something some analysts see happening.
Pound sterling benefits as UK-specific risk premiums fade alongside declining oil prices.
