Pound-Dollar News Directory

The Dollar Index was eyeing multi-month lows Tuesday while risking a more protracted breakdown as Europe took its first steps in the reopening process and risk currencies outperformed, although investors’ responses to Wednesday’s Federal Reserve meeting minutes will be key to how the U.S. unit ends the week.

May 18,2021

The Pound caught a bid on Tuesday in the wake of better than expected labour market statistics, confirming our suspicions that the currency was likely to become increasingly responsive to data releases in the short-term.

May 18,2021

Pound Sterling starts the new week higher against most major currencies having convincingly overcome 1.40 against the Dollar in the previous week, where the U.S. currency was itself lifted almost across the board in often-volatile trading.

May 20,2021

The Pound-to-Dollar exchange rate was on course to retest the nearby 1.41 level ahead of the weekend but with the market recently proving hesitant to let go of the greenback for very long, and new risks now emerging on Sterling’s radar; any new highs for the Pound could be slow to materialise.

May 14,2021

U.S. Producer Price Index (PPI) inflation is rising, but not by quite enough to trigger a fresh bout of Dollar buying.

May 13,2021

Those wanting a stronger Dollar were left disappointed by a tepid FX market response to data showing U.S. inflation is starting to burn hot.

May 12,2021