Pound-Dollar News Directory

Technical analysts at Credit Suisse have taken a look at a number of major British Pound exchange rates and identified a number of positive developments that might suggest the UK currency has reached what will effectively prove to be its long time lows.

September 28,2020

The Pound has unravelled amid a recovery of the Dollar but could now resist gravity ahead of this week’s update from Brexit negotiators, although the first U.S. election debate and European coronavirus situation could easily pull the rug from under Sterling mid-week.

September 27,2020

The Pound advanced on a resurgent Dollar Wednesday, helping Sterling higher against major rivals amid claims of progress in the Brexit trade talks, suggestions that any eventual agreement could come with an “implementation” period and government promises of increased investment spending. 

September 23,2020

The Pound-to-Dollar rate is on the edge and risking steeper declines after a combination of renewed demand for the greenback and new restrictions resulting from a second wave of coronavirus infections sank Sterling exchange rates for a fourth time running. 

September 23,2020

The Pound-to-Dollar exchange rate rebounded last week but risks unravelling anew in the coming days as the government’s coronavirus response threatens the economic recovery and an EU trade agreement remains elusive, although much also depends on whether stock markets recover their poise. 

September 20,2020

The Dollar turned higher against all currencies other than a rejuvenated Japanese Yen Thursday after the Federal Reserve (Fed) upgraded its growth forecasts before setting out what a much-vaunted new approach to inflation will mean for policy in the practice, although it’s not clear if the market reaction is simply profit-taking or a harbinger of a trend change. 

September 17,2020