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The Pound-to-Dollar exchange rate was back above 1.41 in the mid-week session although whether it holds the level into the weekend depends significantly on a looming monetary policy decision from the Federal Reserve (Fed) and the market’s interpretation of it.
June 16,2021
The Pound-to-Dollar exchange rate stabilised above 1.41 on Monday but could see both the upper and lower boundaries of its recent trading range tested over the coming days in what promises to be a noisy week for the UK and U.S. currencies.
June 14,2021
The Pound-to-Dollar exchange rate (GBP/USD) has failed to materially breach and hold 1.42 in 2021, and in the near-term it is unlikely to do so according to a noted foreign exchange trader.
June 8,2021
The British Pound continues to knock its head against a significant resistance level against the Dollar, a break of which is required to reignite the buying interest required to propel GBP/USD to new multi-year highs.
June 7,2021
\The U.S. Dollar retreated against the Euro, Pound and other major currencies following the release of a softer-than-expected set of labour market statistics out of the United States.
June 4,2021
The Dollar rose against the Pound, Euro and other major rivals as foreign exchange market participants looked to front-run a strong labour market report due out on Friday.
June 3,2021
The Pound-to-Dollar exchange rate was softer but off overnight lows in the mid-week session, alongside a once downtrodden Dollar, but could face further indecisive trading ahead as an evolving Federal Reserve (Fed) policy conversation leans against strength in Sterling.
June 3,2021
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