Pound-Dollar News Directory

The Dollar's recent strength is likely a short-term phenomenon and not the start of a more sustained move higher, according to analysis from lender Standard Chartered and the world's largest dealer of FX, Citibank.

October 2,2020

The Dollar fell alongside U.S. stock futures and government bond yields Friday after President Donald Trump said in a Twitter post that he and his wife have tested positive for the coronavirus, opening a Pandora’s box of uncertainty barely more than a month out from the November 03 election

October 5,2020

The Dollar furthered a months-long decline Thursday that some in the market view as a precursor to a loss of its position as the global reserve currency, although CIBC Capital Markets says the lack of an alternative means any steady demise of the greenback would likely give rise to a multipolar world in foreign exchage.

October 1,2020

The Dollar Index hit the ropes Wednesday after coming under pressure from the likes of Pound Sterling and the Euro when Treasury Secretary Steven Mnuchin indicated that Washington lawmakers are close to a deal on a pre-election stimulus package, boosting stock markets and risk currencies alike. 

October 1,2020

Number-crunching and analysis of options markets have allowed foreign exchange strategists at Barclays to arrive at some educated estimates as to how exchange rates might react to the outcome of November's presidential election, an event that is widely expected by the analyst community to trigger notable financial market volatility.

September 30,2020

The Pound-to-Dollar rate was taking a breather on Tuesday following strong gains at the opening the week and ahead of an eagerly-anticipated U.S. election debate, although the downside could be diminishing for Sterling and Brexit risks shifting toward the upside. 

September 29,2020