Pound-Dollar News Directory

The Pound-to-Dollar rate was carried across another key rubicon in its ninth consecutive gain on Wednesday as an exodus from the greenback resumed, but BofA Global Research says adverse seasonal trends and the trajectory of Brexit talks means fresh underperformance is just around the corner. 

July 30,2020

The Dollar was swimming in the red Wednesday amid continued deadlock in Washington's bipartisan talks over an economic aid bill, again placing the weight of the world on the shoulders of the Federal Reserve (Fed) just hours out from its July policy statement, which is a double edged sword for the greenback. 

July 29,2020

An acceleration U.S. Dollar weakness has been the main theme in global foreign exchange markets over the course of the past week, but the decline is now looking overdone and it is too soon to suggest a more sustained long-term decline in the Greenback is about to commence say some analysts.

July 28,2020

The Pound-to-Dollar exchange rate advanced further amid a continued sell-off in the greenback but that weakness has left some risk currencies over-extended against the U.S. unit while the fundamental backdrop is souring and could prompt a downward correction for Sterling in the coming days. 

July 26,2020

The Pound-to-Dollar rate was losing a battle to hold above its recently reclaimed 200-day moving-average of prices on Thursday as a jump in U.S. employment claims and a confirmation of Brexit deadlock weighed pulled it below the important technical landmark in earlier trading. 

July 23,2020

The Dollar Index hit a new four-month low Wednesday after an earlier rebound saw the greenback rise tentatively amid concerns about the U.S. coronavirus outbreak and increasing geopolitical tensions, although they weren't enough to keep the U.S. currency afloat for long.  

July 22,2020