Pound-Dollar News Directory

Biotech company Moderna on Monday announced its covid-19 vaccine candidate has proven to be more than 95% effective in preventing the various in stage 3 trials, but for markets the news is perhaps not as much of a game changer given Pfizer breakthrough, according to analysts.

November 16,2020

The Pound-to-Dollar exchange rate enters the new week near September highs but in a position of vulnerability as the charts warn of a correction lower and the Brexit trade talks look set to go down to the wire. 

November 16,2020

Has the Dollar's reaction function to risk been flipped by this week's vaccine news? Financial market price action in the wake of news of a potentially successful covid-19 vaccine from Pfizer, and subsequent news from Moderna, suggests that instead of being a loser amidst an air of improved investor expectations, the Dollar could be a winner.

November 12,2020

Pfizer have announced their vaccine candidate is 90% effective, news that sent investors rushing into stocks as a trifecta of positives met the investment community at the start of the new week.

November 13,2020

Stock markets are higher at the start of the new week, but foreign exchange markets are looking a little more indecisive on news that Joe Biden became the President-elect of the United States, ending weeks of uncertainty concerning the outcome of the vote.

November 9,2020

The Pound-to-Dollar exchange rate outlook has been bolstered by an election victory for opposition candidate Joe Biden of the Democratic Party, although elevated stock markets, a looming deadline for a Brexit trade deal and technical resistance on the charts could all stymie the Pound in the days ahead. 

November 8,2020