Dollar Primed for a Brief Comeback
- Category: USD
The Dollar (USD) could make a comeback in the wake of a key speech by the Chair of the Federal Reserve, which forms today's marquee event for financial markets.
Pound to Dollar Rate Tests 1.31
- Category: USD
A deflating U.S. Dollar and a strong UK economic survey have combined to propel the Pound to Dollar exchange rate above 1.31.
Pound Hits New 2024 High, GBP/USD Clears Key Hurdle Following Major U.S. Jobs Revision
- Category: USD
The British Pound powered to a new 2024 high against the U.S. Dollar after data showed the U.S. labour market was weaker than previously expected, which will push the Federal Reserve into action.
Will the Pound continue to move higher against the Dollar and potentially hit fresh 2024 highs? A new analysis warns of a potential near-term setback.