Friday, October 13, 2023

Pound US Dollar Exchange Rate News: GBP/USD Wavered on Central Bank Uncertainties

Pound (GBP) Undermined by Underlying Economic Concerns The Pound (GBP) found modest strength to open the week with amid elevated interest rate hike bets from the Bank of England (BoE). With a quiet trading calendar to kick the week off, economic growth and labour market data are due to print this week. Propping...

* This article was originally published here

Tuesday, October 10, 2023

Pound US Dollar (GBP/USD) Exchange Rate Narrows amid Growing Fed Caution

Pound US Dollar (GBP/USD) Exchange Rate Narrows amid Growing Fed Caution The Pound US Dollar (GBP/USD) exchange rate traded narrowly on Thursday, as USD investors pared back bets on further tightening. At the time of writing, GBP/USD traded at around US$1.2371, showing little signs of movement from Thursday’s...

* This article was originally published here

Sunday, October 8, 2023

Next Week’s Menu: October 7-13, 2023

Central Banks: Minutes from the last FOMC and European Central Bank Governing Council meetings will be published. Holidays and Special Events: There are holiday closures Monday in Japan for Health-Sports day, the U.S. for Columbus Day and Canada for Thanksgiving. Spaniards observe their National Day on Thursday. IMF/World Bank meetings in Morocco run all week […]

* This article was originally published here