Tuesday, February 6, 2024

Pound to Dollar Outlook: GBP Dips Below 1.27 on USD Strength

The Pound to Dollar (GBP/USD) exchange rate dipped to lows below 1.2670 before stabilising. Market conditions were subdued on Monday, especially with no data...

* This article was originally published here

Friday, February 2, 2024

Pound to Euro FX Outlook: The key GBPEUR level to watch is 1.1765

The Pound to Euro exchange rate dipped sharply to lows at 1.1670 on Tuesday after slightly better-than-expected Euro-Zone data, but traded back above 1.1700 on...

* This article was originally published here

Thursday, February 1, 2024

A Change in Risk Balance Between Fed’s Twin Goals But Not Enough So to Lock and Load a Near-Term Rate Cut Just Yet

The first critical modification in today’s FOMC statement declares  The Committee judges that the risks to achieving its employment and inflation goals are moving into better balance. That’s a new idea. Fed monetary policy is guided by twin mandates that occasionally cannot be addressed simultaneously. The Fed is coming off such a period when price […]

* This article was originally published here