The Pound-to-Dollar rate is already sat on a healthy gain for the 2019 year but it could be in for a further boost this week if economists are right in warning suggesting the Bank of England (BoE) could feel compelled this week to begin preparing the market for a rate hike in the middle of summer.

April 29,2019

US Dollar vs Pound Sterling

The Pound-Dollar exchange rate is trading below 1.30 and our technical studies suggest further near-term weakness can be expected.

April 28,2019

The Pound-to-Dollar exchange rate has ceded the initiative to the bears in recent days, reinforcing the bearish short-term outlook and raising the distinct possibility of a continuation down to the next set of targets near the 1.27 February lows.

April 26,2019

A global economic slowdown and the exorbitantly high cost of hedging against falls in the Dollar are likely to help keep the U.S. currency supported at relatively high levels over the coming months, ING Group says.   

April 26,2019

The greenback was softer and the Pound-to-Dollar rate a fraction higher during morning trading Friday ahead of the release of U.S. GDP data for the first-quarter, which is key to the outlook for currencies the world over. 

April 28,2019

The Dollar index is on course to reach a two-year high over the coming weeks, according to technical analysts at RBC Capital Markets, who say a breakout above the top an ascending triangle pattern has cleared the way for the greenback to return to levels not seen since late April 2017. 

April 25,2019

The Dollar extended gains Thursday, keeping many exchange rates under pressure, after durable goods orders data pointed to a solid pick-up in U.S. business investment during March just a day before the first-quarter GDP data is released. 

April 25,2019

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