Pound-Dollar News Directory

Dollar bears took no chances in advance of Wednesday's Federal Reserve (Fed) decision as all major U.S. exchange rates swung higher ahead of an event that will see awkward questions asked of Chairman Jerome Powell and potentially also investors in American stocks and bonds.

January 27,2021

The Pound-to-Dollar exchange rate rose to retest an important resistance level on the charts Tuesday as Sterling enjoyed tailwinds provided by a less downbeat, if-not brightening domestic backdrop, although some analysts say that gains could lift it above 1.40 in the weeks ahead. 

January 26,2021

The Pound-to-Dollar rate snapped a three-day winning streak on Friday and may see further losses if risk-aversion continues to upend global markets, but bullish charts and the UK's lead on coronavirus vaccinations have got some analysts suggesting new multi-year highs are only a matter of time.

January 24,2021

The Dollar was down across the board on Thursday and in the first full trading session under the new U.S. administration although it remained above earlier lows while new forecasts from ABN Amro and Commerzbank suggest it may already have bottomed out for at least the duration of 2021. 

January 21,2021

The Pound-to-Dollar exchange rate is undervalued and likely on course for a multi-year high in the coming months, according to strategists at Commonwealth Bank of Australia (CBA), as investors show renewed interest in Sterling in response to a series of favourable fundamental developments.

January 19,2021

The Pound-to-Dollar exchange rate sustained its worst intraday decline for months on Friday as investor risk-aversion lifted the U.S. currency against most rivals, although Sterling is widely tipped to benefit this week and thereafter from a quickening pace of vaccination and improving economic outlook.

January 17,2021