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

Bond yields on the rise again

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

Pound to Dollar

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

Dollar outlook Morgan Stanley

Economists at Wall Street bank Morgan Stanley are backing the Dollar to make gains in 2021, having entered the year expecting the currency to make losses.

March 9,2021

The Pound-to-Dollar exchange rate suffered another setback last week as a rout in the U.S. bond market lifted the Dollar but with yields appearing to lose steam on Friday, Sterling could be set to recover its footing over the coming days before resuming its earlier climb to 1.40 and above.

March 7,2021

Page 173 of 419

Theme: GKNEWS