Billionaire investor George Soros became nearly a household name in the early 1990’s by shorting the British pound and making ...
The pound’s peer-beating rally got a fresh spur this week, but strategists from J.P. Morgan Private Bank, State Street Global ...
Sterling soared to its highest level in two and a half years against the US dollar after the Bank of England held its ...
The British pound surges to new multi-year highs against the USD, driven by the Bank of England's and the Fed's recent ...
Angola’s kwanza fell to a new 25-year low against the dollar after the oil-producing nation’s central bank ruled out ...
The implied "terminal rate" is currently around 3.4%, which the central bank is expected to reach by the end of next year.
Currency carry trades, while seemingly straightforward, carry significant risks due to their reliance on interest rate differentials between countries. Investors borrow in a low-interest currency, ...
Thursday rose by +0.04%. The dollar garnered modest support Thursday after weekly US jobless claims fell more than expected ...
GBP/USD reached a 30-month high after breaking the 1.3300 level this week. The next key levels are 1.3345 before reaching 1.3400 and testing March 2022 highs of 1.3435, while strong support holds at 1 ...