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Robust macroeconomic data releases from the United States (US) and the Federal Reserve's (Fed) cautious tone on policy-easing ...
The pound held steady on Friday, having posted its worst monthly performance against the dollar in three years, as the U.S.
On the upside, 1.3400 (Fibonacci 61.8% retracement of the latest uptrend) aligns as the first resistance level before 1.3470 ...
The pound headed towards its largest monthly loss against the dollar since September 2022 on Thursday, reflecting growing ...
Historically, the British pound sterling has been stronger than many other currencies, including the U.S. dollar. The pound’s value was double that of the U.S. dollar as recently as 2007.
Looking ahead, in addition to being pressured by EU-US trade deal disappointment, the Euro (EUR) may be undermined against ...
It’s been four and half months since we last wrote about the pound, which doesn’t feel like long but is almost three Liz Trusses. In a sense, not much has changed. As it was back then ...
Although the Euro advances against the Dollar during times of trade tensions, it is struggling against Pound Sterling. During the trade tensions of April, the Euro surged against the Pound. However, ...
“Sterling continues to trade on a soft footing and its losses could extend this week,” Chris Turner, an FX analyst at ING said, suggesting the pound could fall to as low as $1.20.
The Pound to Euro exchange rate (GBP/EUR), which is now at 1.1550, looks like it wants to even out above 1.15, which was a level tested earlier this week and now looks to be forming a level of ...
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