Pound-Dollar News Directory

The Dollar unravelled again as U.S. government bond yields hit three month highs on Wednesday, with expectations of further largesse in Washington counted among the drivers of declines for a currency that may have more at stake in the battle for further stimulus than even the economy does.

October 21,2020

Analysts have been drawing caution on an assumption that the Democrats will secure a coveted 'blue wave' outcome to the November election, an outcome that financial markets could be guilty of assuming as a forgone conclusion.

October 20,2020

The Pound-to-Dollar rate extended its recovery off October lows on Tuesday and is tipped by TD Securities to remain on an upward trajectory into year-end, aided by a UK-EU trade deal that remains the bank’s favoured outcome from the talks. 

October 21,2020

The Pound-to-Dollar rate could be set to underperform as an elevated ‘no deal’ Brexit threat encourages investor caution, but absent a clear end of efforts to reach a trade agreement, Sterling may take its lead more from appetite for the Dollar and risk assets than it does the Brexit drama.

October 19,2020

The U.S. Dollar is in demand amidst market disappointment that U.S. politicians are unlikely to reach a stimulus deal before the November election and fresh signs that trends in the country's jobs market are heading in the wrong direction.

October 15,2020

The Pound-to-Dollar exchange rate was in recovery mode Wednesday on elevated hopes that Brexit trade talks will continue beyond a self-imposed UK deadline, but recent losses have left it rudderless and taking in water on the charts, which are now warning of a fall back to May lows.

October 14,2020