Pound-Dollar News Directory

The Dollar was sold heavily on Friday with losses escalating following better-than-expected core retail sales and upgrades to earlier estimates, though in the final session of the week it was Pound Sterling and the Japanese Yen which led the advance on the greenback. 

August 14,2020

The Pound-to-Dollar rate has become a key battleground for Euro bulls as the trade-weighted single currency scales new highs, throwing a spanner in the works of a market looking to see more losses for the greenback and a sustained European outperformance of the British currency. 

August 13,2020

The Dollar remained in a metaphorical dog box Thursday amid a tentative effort at stabilisation after Department of Labor data showed the number of new unemployment claims tailing off further in August. 

August 13,2020

The Dollar was in fresh retreat from a majority of rivals Wednesday after a short-lived rebound bit the dust ahead of the North American open when U.S. inflation figures surprised on the upside, likely aggravating investor concerns about declining inflation-adjusted returns and stoking demand for precious metals. 

August 12,2020

The Pound-to-Dollar exchange rate capitulated at its highest level since March last week but may be likely to fall further in the coming days as tensions rise between the U.S. and China, key economic reports loom and the charts warn of a correction for both Sterling and the greenback. 

August 9,2020

The Dollar extended its rebound against major and emerging market counterparts on Friday after official data showed America's labour market recovery continuing in the face of surging coronavirus infections last month, although global factors may matter as much for the currency's outlook. 

August 10,2020