The Pound-to-Dollar exchange rate has partially reversed earlier losses in tandem with a widespread softening of the Dollar so far in the second leg of the week, though some analysts say it's not yet out of the proverbial woods and that Sterling remains vulnerable to further losses.
July 22,2021
The Pound-to-Dollar exchange rate appeared in the process of folding in on itself ahead of the mid-week session after falling to a 2021 loss as the greenback became the best performer in the G10 segment of major currencies for 2021.
July 20,2021
The Pound-to-Dollar exchange rate enters the new week risking a steady slide toward April lows around 1.37, which could condemn Sterling to a range-trade between there and a burgeoning resistance at 1.39 if expectations of Federal Reserve policy continue to offset for GBP/USD the signs of a shift at the Bank of England.
July 19,2021
The Pound has risen back into the top spot of the major currency performance table for 2021 after two rate setters indicated that “risk management considerations” could lead the Bank of England (BoE) to end its emergency quantitative easing programme as soon as its August policy decision.
July 16,2021
The Dollar was up sharply against major peers following the release of U.S. inflation numbers that were significantly stronger than expected.
July 13,2021
The Pound could experience some heightened volatility against the U.S. Dollar on Tuesday as foreign exchange traders take a cue from U.S. inflation data.
July 13,2021
The Pound-to-Dollar exchange rate enters the new week in the higher end of its likely range and could be volatile over the coming days as the market digests commentary from the Federal Reserve (Fed) while processing economic data from the UK, U.S. and other major economies.
July 11,2021
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