Pound-Dollar News Directory

The Pound-Dollar rate rallied and the greenback hit the skids on Tuesday after February retail sales data surprised on the downside, puncturing the tyres of an American currency charged up on rising bond yields and suggestions of exceptionalist economic credentials.

March 16,2021

The Pound-to-Dollar rate went out on its back amid further gains for American bond yields but continued to eyeball 1.40 and a rubicon it may overcome on route to new highs this week, as the Federal Reserve (Fed) curbs appetite for the greenback and Sterling is aided by the Bank of England (BoE).

March 15,2021

An unexpected rise in the yield paid on U.S. ten-year bonds has hit market sentiment ahead of the weekend.

March 12,2021

The Dollar went from hero to zero on Wednesday when in the metaphorical terms the U.S. inflation picture effectively bombed at the box office, after February's  inflation numbers came in lower than was expected by economists  and in the area where where it really mattered most that they didn't. 

March 10,2021

The British Pound reached a fresh multi-month high against the U.S. Dollar in late February when the GBP/USD exchange rate hit 1.4243, but a decline back below 1.40 inevitably raises questions as to whether the pair has now peaked.

March 10,2021

The Pound-to-Dollar exchange rate pared its earlier loss while approaching the 1.39 handle Tuesday but remained significantly undervalued on at least one important metric, according to strategists at Commonwealth Bank of Australia (CBA), who've tipped GBP/USD as a buy in anticipation of further gains in the year ahead.

March 10,2021