Pound-Dollar News Directory

The Dollar smiled on Wednesday after durable goods data bolstered the outlook for business investment and fueled a correction in U.S. exchange rates, although this didn't prevent Sterling from swinging back into the black following robust demand for new 10-year British government bonds amid rising yields. 

August 26,2020

The Pound-to-Dollar exchange rate signed off with a soft finish to an otherwise strong week on Friday but could see further losses over the coming days, according to a range of analysts who see the greenback correcting higher ahead of an important speech from Federal Reserve Chairman Jerome Powell. 

August 24,2020

The Pound-to-Dollar exchange rate advanced back toward earlier highs in volatile trading Thursday but may already have seen its best days at least until next year, according to strategists at ABN Amro, who've been seconded by Pantheon Macroeconomics in expressing concerns about the Brexit process and economic outlook. 

August 21,2020

The Dollar crept higher Thursday as financial markets mulled over minutes of the July Federal Reserve (Fed) policy meeting going into a session that will also reveal more about recent European Central Bank (ECB) policy deliberations as well as the path of Turkish interest rates, all with potential implications for major currencies.

August 20,2020

The Pound-to-Dollar rate turned lower from 2020 highs on Wednesday following explosive gains earlier this week but Sterling's indecision risks seeing it come undone, according to strategists at Singapore's UOB, which is a sentiment that's also been echoed by others too. 

August 19,2020

UK inflation for July came in hotter than expected, a development that will likely ensure the Bank of England maintains a cautious approach to cutting interest rates and boosting quantitative easing which is in turn supportive of Sterling.

August 19,2020