The US Dollar (DXY) climbs as Middle East tensions and rising oil prices fuel safe-haven demand. Will Jerome Powell and NFP data push the greenback even higher?
The Pound to Australian Dollar (GBP/AUD) exchange rate rose to a six-week high last week, as market anxiety around the crisis in the Middle East weighed heavily on the ‘Aussie'. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 1.92887 Pound to Dollar (GBP/USD): 1.32602Australian Dollar to Dollar (AUD/USD):.
The market managed to rebound after printing a low of 1.3217 two weeks ago. As we see from the previous chart, prices managed to meet the target of 1.3460-80 which managed to push again for a correction.
The Pound US Dollar (GBP/USD) exchange rate surged early last week, then marched lower as the session went on, amid confusion and scepticism over rumours that the US and Iran were discussing a peace deal. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.32602Euro to Dollar (EUR/USD): 1.15079Dollar to Japanese Yen (USD/JPY):.
Pound Sterling Price News and Forecast: GBP/USD could retest an initial support
GBP/USD Price Forecast: Rebounds from levels near three-month lows, 1.3200
The Pound to Euro (GBP/EUR) exchange rate drifted lower into the end of the week, leaving Sterling on the back foot as March draws to a close. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15227Pound to Dollar (GBP/USD): 1.32602Euro to Dollar (EUR/USD): 1.15079 WEEKLY RECAP: GBP/EUR ended the week on a softer note, with the.
Pound Sterling Price News and Forecast: GBP/USD holds above 1.3300 as haven bids lift the US Dollar
This article summarises the latest expectations for the effects of the Gulf conflict, primarily on monetary policy, then looks briefly at the charts of GBPUSD and USDCAD.
GBP/USD holds above 1.3300 as haven bids lift the US Dollar
The market managed to rebound after printing a low of 1.3217 two weeks ago. As we see from the previous chart, prices managed to meet the target of 1.3460-80 which could lead to a correction.
GBP/USD is trading near the middle of its 1.3250–1.35 range, with the 200-day EMA marking fair value as short-term traders continue to play the chop.