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The Pound-to-Dollar exchange rate more than doubled its 2021 gain last week as Sterling took the market by storm, but with enthusiasm building among a broad array of participants and in a still-Dollar bearish market, the British currency could now have scope to attain three-year highs above 1.43 by March.
February 21,2021
The Pound-to-Dollar exchange rate hit the psychologically significant round number of 1.40 in the early London trading session on Feb. 19.
February 19,2021
The U.S. Dollar has shone over recent sessions and has registered gains against both the Euro and Dollar, with investors paying close attention to a rise in the value of U.S. sovereign bond yields.
February 18,2021
The Pound-to-Dollar exchange rate's trend of appreciation means that a psychologically significant milestone is now on the horizon: the 1.40 level.
February 17,2021
The British Pound hit a new 34-month high against the Dollar on Tuesday amidst strong global investor appetite, leaving investors to focus on the key psychologically and technically significant 1.40 level as a potential next target.
February 16,2021
Pound Sterling extended its 2021 lead over a range of currencies including the Dollar last week but could continue to confound market expectations over the coming days as the greenback, in its role as the taxi cab of the foreign exchange market, drives the British currency toward 1.40 and above.
February 15,2021
Foreign exchange analysts at HSBC have updated clients with their forecasts for the U.S. Dollar, saying they see some weakness ahead for the Greenback but that the downside should be limited.
February 11,2021
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