Pound-to-Dollar Rate Volatile after Prime Minister Boris Johnson Says …
The Pound-to-Dollar slumped on Friday, unwinding earlier whopping gains, after Prime Minister Boris Johnson said...
Dollar Slumps 1.0% against Pound Sterling in Wake of U.S. Unemployment…
A new record was set today when it was reported 3.2 million Americans applied for...
U.S. Dollar Today: All Eyes on Jobless Claims
It's a big day for the Dollar as market attention fixes on the release of...
U.S. Dollar Reels as $2 Trillion Virus Aid Encourages Reversal of Grea…
The Dollar was left reeling on Wednesday as the promise of a $2 trillion virus-related...
Dollar Downturn Looms as Fed Blocks Path Higher and Epidemic Curve Ste…
The Dollar weakened amid a recovery of risk appetite Tuesday although it could now be...
Pound-Dollar Exchange Rate Recovers as Federal Reserve Goes All Out
The Dollar was seen trading lower on Monday, March 23 following the announcement of a raft of initiatives by the U.S. Federal Reserve to support the U.S. economy, of which…
U.S. Economy Forecast to Slump 24% in Second Quarter at Goldman Sachs
Economists at Goldman Sachs are forecasting a severe slump in the U.S. economy owing to the coronavirus outbreak, which is expected to lead to notable declines in the services, manufacturing…
Pound-to-Dollar Rate Week Ahead: Charts Point to New 1985 Low as BoE to Address GBP Weakness
The Pound-to-Dollar rate closed out its worst week since the financial crisis on Friday as financial markets continued to hemorrhage capital, although the charts are still tipping the exchange rate…
Dollar Folds against Pound Sterling and Others after Central Bank Action
The Dollar folded in on itself Friday, enabling the Pound-to-Dollar rate to recover sharply off earlier lows after the U.S. Senate pushed ahead with a large spending program and central…
Pound-to-Dollar Rate in Recovery Mode after BoE Goes All-in On Economy, Backstops Bond Market
The Pound-to-Dollar rate was in recovery mode Thursday after surging in response to a surprise Bank of England (BoE) to go all-in with its support for the economy, although whether…
U.S. Dollar Softens after Federal Reserve Extends Dollar Swap Lines to Nine More Central Banks
The Dollar softened Thursday after the Federal Reserve (Fed) extended currency swap agreements to nine more central banks as it seeks to contain a surge in the grenback that’s been so…
Pound-to-Dollar Rate Crashes to 1985 Lows and Has Further to Fall
The Pound-to-Dollar rate suffered its most brutal sell-off since the Brexit referendum on Wednesday, leaving it wallowing at 1985 lows amid another agressive surge in U.S. exchange rates that some…
Pound-to-Dollar Rate Below 1.20 Amidst Liquidity Crunch
A combination of negative investor sentiment and a global crash crunch continues to place downside pressure on the Pound-to-Dollar exchange rate which looks set to extend its ongoing sell-off and…
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