The Pound-to-Dollar rate must navigate an oncoming Bank of England (BoE) policy decision and an important U.S. jobs report, the headlights of which could potentially have a dampening impact on the British currency though recently improving demand Sterling may mean a renewed attempt on the 1.40 level is just a matter of time.
August 2,2021
The Dollar came out of the doldrums in a riposte against its doubters ahead of the weekend even as headwinds to the outlook for the U.S. currency loomed larger in the background of a near-month-end trading session.
July 30,2021
The Pound-to-Dollar exchange rate entered the penultimate session of the week probing the 1.39 handle following overnight Dollar declines that came after Federal Reserve Chairman Jerome Powell took with one hand what the bank itself had previously appeared to give with the other.
July 29,2021
The Pound-to-Dollar exchange rate has pared back half of its June-to-July decline following a robust rebound from last week’s lows but the outlook for it hangs in the balance ahead of this Wednesday’s all-important Federal Reserve (Fed) monetary policy decision.
July 28,2021
The highlight of the week for the U.S. Dollar and global markets approaches in the form of Wednesday's Federal Reserve policy update.
July 27,2021
The Dollar's safe haven credentials are once again in demand amidst a global sell-off in stocks, although some investors say the Pound is now starting to look cheap against its U.S. cousin.
July 27,2021
The Pound-to-Dollar exchange rate was rattled last week and now risks becoming confined to a much reduced trading range over the coming days, with the outcome hinged on the market’s reading of Wednesday’s Federal Reserve decision and a pending flurry of U.S. economic data.
July 26,2021
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