The Pound-to-Dollar rate volatile Thursday after the Bank of England (BoE) told markets it intends to slow the pace at which it buys an increased stock of British government bonds using newly created money in the coming months.
June 18,2020
The Dollar Index cemented its grip on an important support level Tuesday as major currencies ceded ground to the greenback after industrial production figures disappointed investors in the aftermath of a solid retail sales report, although technical analysts see only limited upside for the U.S. unit.
June 16,2020
The Pound advanced on a resilient Dollar Tuesday even as investors turned more cautious amid an increase in geopolitical tensions, with Sterling drawing a bid from lessening concerns about the Brexit trade talks, although it risks crumbling later in the week.
June 16,2020
The Pound-to-Dollar rate shed almost one percent in what was a rollercoaster ride last week but is at risk of crumbling further in the coming days amid multiple technical and fundamental headwinds that could see volatility picking up.
June 14,2020
The Pound was sliding lower against a resurgent Dollar ahead of the weekend although new analyst forecasts and commentary suggest the British currency has further to fall in the weeks ahead.
June 14,2020
The Dollar was in recovery mode Thursday and some analysts say it could have the legs to go further after the June Federal Reserve (Fed) policy update drew a line under weeks of losses, although the nascent correction is seen by others as likely to produce buying opportunities in the Pound-to-Dollar rate.
June 11,2020
The U.S. Federal Reserve delivered its latest policy update overnight where it left policy settings unchanged and committed to keep interest rates in the 0.25%-0% range for a great while longer.
June 11,2020
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