Pound-Dollar News Directory

The U.S. Dollar strengthened against the Euro, Dollar and other peers while stock markets were mixed and volatile in the wake of jobs data out of the United States that showed 1,027K jobs were created in the non-farm sector in August, which was less than the 1,200K jobs the market was expecting.

September 4,2020

The Dollar won a consolatory victory with gains over all major counterparts on Wednesday in price action that may have had as much to do with a rally in Chinese exchange rates as it did anything else, which some analysts saw contributing to falls in the Euro-to-Dollar rate and a rise in the U.S. Dollar Index. 

September 3,2020

The Pound-to-Dollar exchange rate is back below 1.34 in mid-week trade amidst a broader recovery in the U.S. Dollar with one analyst saying an historically significant resistance point looms ahead, a rubicon that must be crossed if the broader multi-week trend of appreciation is to remain intact.

September 2,2020

The Pound-to-Dollar exchange rate dipped back from fresh 2020 highs Tuesday while the Dollar Index bounced after the Institute for Supply Management (ISM) Manufacturing PMI surprised on the upside for August, although Sterling is at high altitude and technical analysts are warning of resistance on the path ahead.

September 1,2020

The Pound-to-Dollar rate has broken higher from a narrow August range and is now targeting December's election rally highs amid an unravelling of the U.S. greenback, although lingering Brexit uncertainties, U.S. economic resilience and the oversold nautre of the Dollar could slow Sterling's ascent. 

August 30,2020

The Dollar Index was on course for its steepest loss since its May capitulation as the U.S. yield outlook darkened following a strategy change at the Federal Reserve (Fed), which has lifted the Pound-to-Dollar rate to eight month highs while offering a glimpse of levels not seen since early 2018.

August 28,2020