Modified: Wednesday, 12 August 2026 10:31 BSTDavid WoodsmithSTORY LINK Pound-to-Dollar Forecast: Carry Trades Keep GBP Near 3-Week HighsGBP/USD Forecasts: Close to 3-Week HighsSave on Your GBP/USD Transfer Get better rates and lower fees on your next international money transfer. ”MUFG commented on the impact of low volatility; “Equity market resilience in the face of global geopolitical uncertainties has helped to keep financial market volatility lower. FX volatility did pick up around the end of July, but this was primarily generated by the decision of the US and Japan to embark on joint intervention. A sell-off in the bond market probably remains one of the key threats to a benign environment over the coming months. ”According to Standard Chartered; “Positive earnings and softening US bond yields have supported a breakout in major equity market indices.