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
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
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